P&W Engine Issues
 

Not sure if this is in another room but the next few quarters are looking kind of bleak for NK, regarding these NEO problems.

Via CNBC today:

“Spirit recently confirmed to investors that the recall will leave the ultra-low-cost carrier with fewer aircraft to fly as well as an over-staffing problem impacting operations in the fourth quarter and early next year, the Financial Times reported.”

Wonder how this will all play out.

Staffing problems will self correct as long as the legacies keep hiring. If they don’t, Spirit will furlough along with everyone else who is overstaffed for the economic hand they’re dealt. If the merger is approved, JetBlue may have an input on how much over staffing is acceptable given their increasing losses to the legacies as well.

NK is at 60% attrition this calendar year.... overstaffing isn't a concern.

Why would anyone else be over-staffed? This is limited to a few airlines. NK is taking fewer deliveries than planned, losing about 30 319s and has at least 8 neos parked for engine replacement at the moment. Sort of a unique issue, no?

So over staffed that we have 100 new hires set for each month for the next few, and the most upgrades we have seen in a year. The "overstaffed" was more in reference to us not having an attrition issues, when asked directly about attrition.

If the retirement age changes things will come to a major halt and fast. Combine that w an economic downturn that we all keep waiting for and a bunch of new hires will get a taste of how this industry really works.

I don't understand why everyone thinks possible retirement age would change anything. Do you think that just because they CAN all the retiring pilots WILL continue flying past 65. Heck, even now pilots are retiring before 65 cause they made enough and want to enjoy life after work...

Funny, I remember people saying the same thing people when it was proposed from 60 to 65…

This is damn funny. Do I think pilots will continue to “fly until they die,” yes. Do I think a 65 year old pilot will take 2 more years in the left seat of a heavy, knowing they can always medical out and enjoy 2 more years of LTD pay, yes. Did this exact same thing happen when age 65 was discussed, yes.

I have flown with a few 64 year olds recently. They're flying right up to 65. Only exception is if they have recurrent in the month or two prior they're thinking about not going. With the new news I think those few I know are going to stay until 67. Maybe they'll do a few turns just to pay for insurance, but still they're keeping that vacancy for themselves longer than expected. I imagine this will just throw the problem two years down the river. I expect legacy hiring to slow way down soon, for a couple years.