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-   -   Back in the black… (https://www.airlinepilotforums.com/spirit/140068-back-blacko.html)

sioux8ships 10-27-2022 11:54 AM


Originally Posted by Excargodog (Post 3521464)
Imagine what the numbers would have been if properly staffed!

But why come to NK when B6 is hiring? Sure, you might have to do a tour in the Embraer, but so what? You’ll still come out better off economically, and likely wind up in the same place.


Why go to either airline? Almost every regional is paying more now. Might as well hang out there until a legacy calls.

sioux8ships 10-27-2022 11:57 AM


Originally Posted by CincoDeMayo (Post 3521462)
Remember the BBB days of 17 hours utilization?! Haha.

Sure doing it differently now.

Closer to 14.5 hours a day..with no spare ac. We did have the highest in the industry with BBB. When a delay occurred the crap hit the fan real quick and snowballed downhill fast!

king10pin02 10-27-2022 12:06 PM


Originally Posted by Excargodog (Post 3521464)
Imagine what the numbers would have been if properly staffed!

But why come to NK when B6 is hiring? Sure, you might have to do a tour in the Embraer, but so what? You’ll still come out better off economically, and likely wind up in the same place.

dont knock the 190 till ya have flown it…..much nicer plane to fly than the bus….

Excargodog 10-27-2022 12:15 PM


Originally Posted by king10pin02 (Post 3521485)
dont knock the 190 till ya have flown it…..much nicer plane to fly than the bus….

Not knocking it, just acknowledging that it’s temporary, and pays slightly less after the first year. But with NK first year pay as an alternate, that scarcely matters.

MCDUmanipulator 10-27-2022 02:47 PM


Originally Posted by sioux8ships (Post 3521470)
Why go to either airline? Almost every regional is paying more now. Might as well hang out there until a legacy calls.

true for spirit but jetBlue A320 pay is about on par with a legacy and more coming.

Excargodog 10-27-2022 03:26 PM


Originally Posted by sioux8ships (Post 3521470)
Why go to either airline? Almost every regional is paying more now. Might as well hang out there until a legacy calls.

Regionals are starting to fall apart due to CA loss. A recession might save them - maybe - but B6 pay and bennies trump regional FO pay, and there are plenty of regional FOs stuck on reserve and barely getting block right now due to the CA shortage. Another type and more flying hours will get them to their legacy faster than 25-30 a month reserve.

sioux8ships 10-27-2022 04:25 PM


Originally Posted by Excargodog (Post 3521616)
Regionals are starting to fall apart due to CA loss. A recession might save them - maybe - but B6 pay and bennies trump regional FO pay, and there are plenty of regional FOs stuck on reserve and barely getting block right now due to the CA shortage. Another type and more flying hours will get them to their legacy faster than 25-30 a month reserve.

Good points, makes sense then.

JulesWinfield 10-28-2022 06:35 AM

Looking at the 10-Q, we had record revenue and barely made a profit of 3.6m, after applying some funny money adjustments and write offs. The operation still lost money.


Aircraft utilization in the third quarter 2022 was 10.6 hours, down 15.2 percent compared to the 12.5 hours in the same period of 2019. Continued constraint on flights to and from Florida and staffing challenges are the primary limitations on Spirit's ability to optimize its network and operate its fleet at full utilization.
“The constraints limiting our ability to optimize our network continue to be a headwind to reaching full utilization; that said, our team is doing a great job running a reliable, on-time operation and minimizing the impacts of these constraints. Despite the large number of aircraft deliveries over the next few months, we remain confident we will continue to see gradual improvement in fleet utilization in the fourth quarter and throughout the first half of next year, reaching full utilization around mid-summer 2023," said Scott Haralson, Spirit's Chief Financial Officer.
Bang up job by the beard and the boys. They deserve a big bonus.

Tranquility 10-28-2022 07:32 AM


Originally Posted by JulesWinfield (Post 3522015)
Looking at the 10-Q, we had record revenue and barely made a profit of 3.6m, after applying some funny money adjustments and write offs. The operation still lost money.



Bang up job by the beard and the boys. They deserve a big bonus.

To be fair, most of the airlines are reporting record revenue, however a large chunk of that is merely offsetting fuel…. For us, I would hope we would have record revenue as we are larger now than we were last year, and the year before that, and the year before that, etc….

Excargodog 10-28-2022 08:06 AM


Originally Posted by Tranquility (Post 3522067)
To be fair, most of the airlines are reporting record revenue, however a large chunk of that is merely offsetting fuel…. For us, I would hope we would have record revenue as we are larger now than we were last year, and the year before that, and the year before that, etc….

Yet another reason for ALPA to push for REVENUE sharing rather than profit sharing. Profit is amenable to accounting gimmicks. Revenue is pretty definite. And it’s not without precedent. States do it all the time with sales tax. They don’t give a rats rear if you are selling items with a tremendous markup or at a loss, they get their fixed percentage.


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