Best of luck to you. Anyone have any idea how long Spirit is taking in PRIA requests?

 

I'm leaving for DL in around a week. My background and PRIA was completed quite quickly, although the time between a CJO and first available class date is so long that it pretty much doesn't matter (AA and UA are slightly less backed up for indoc though). I'm pretty sure they're legally required to respond within 30 days.

FWIW, I'm only a 2 year FO and the decision was still tough to make. Too much uncertainty at NK to feel comfortable in DTW.


Good luck to all.

 

Good info thanks. Seems to be a mixed bag in terms of response time. Agree legally 30 days is the max. Good luck to you and stay safe.

 

yanno, I hear what you’re saying but does it even matter anymore?, lol. Look at AA. They are like 10 billion in the hole and climbing and it doesn’t seem to matter. The economy has been set to crash for how long now? It just keeps pumping along.

 

I think they are closer to $40B. I used to think that the govt would never let a company named American go out of business, now I think it’s a possibility.

 

The last figure I saw was somewhere between 37 to 38 billion in debt. The world’s largest airline has negative equity. Someone once pointed out to me that with miles programs that legacies are essentially financial institutions with an aircraft fleet, and that their balance sheets are incredibly more favorable if you include the value of their miles programs. But I think the incorrect assumption there is that the airline and the credit (miles) program are the same entity; to my knowledge they’re purposely separate. And why would they scrap the value in their miles programs to save the books on a sinking airline when it’s easier to head straight for the debt iceberg and figure it out in Chapter 11? Sounds eerily similar to when AA declared BK in 2011 with 25 billion in assets (10 billion in cash) and over 29 billion in debt.

I may have gone off on a tangent.

The point is, I think this is part of AA’s business plan. I think it’s a foregone conclusion that when a recession comes again, AA will re-execute its plan and history will repeat itself again. And I do think they lean heavily on the notion that our government won’t allow their name to fail. However, if politics mean anything, I think them house/senate boys down in Texas would love to see an AA in BK during Biden’s administration.

 

Nope. But reorganizing in bankruptcy? Like AA was doing ten years ago? Yeah, they’ll allow that…

 

They absolute are financial institutions operating as airlines. In fact there have been numerous videos done on the topic.
This one is particularly well done.
https://www.youtube.com/watch?v=ggUduBmvQ_4

 

I don't see "out of business", maybe BK debt reorganization. Again.

 

I was reading above for awhile back that Spirit was responding fairly quickly to PRIA requests. I have DL requesting PRIA for at least a month and a half now, and the background check company says they've attempted electronically to request PRIA from Spirit 3 times to no avail and have had to physically mail the PRIA request recently. Anyone else had this happen recently?