Union “Vote of No Confidence “
 

TC and company in 2019 was handed a company that was at the top of earning from any Airline and now look at us. Why our union isn't calling for a "Vote of No Confidence " is unbelievable. TC and company have driven this company to it current status always externalizing the the problems we are facing but Necer taking into account their own mistakes with Spirit. Frontier is growing, open8ng up new bases, etc and Spirit is Shrinking by the moment, no new hires, no upgrades, etc. Everyone wants to blame Al kinds of problems on merger gone bad, whatever., I say it squarely on TC lack of management skills. Go ahead bashers, I know it's coming, let's here what your 2-3 maybe years of experience has to say.

He did say we should take the Frontier deal, maybe the shareholders should have listened? Nope the shareholders got greedy and here we are.

Yep. Shareholders got greedy even when they were advised it wouldn't go through. Now they are going to lose it all, and we're stuck in the middle of it. What really scares me right now is how literally everyone can see this merger is dead except our management. Spirit is like the insecure ex-boyfriend begging his girlfriend to stay, when she is giving all signs she wants to bail. Let's scrape whetever dignity we have left, get back to what we were doing before this whole mess came into play, and get an entirelty new managment team.

Spirit wants the 70 million. I think JB is trying to weasel out of paying it.

Frontier is not profitable and the business model is dead. Frontier wouldn’t have been approved either.

But yes TC ruined the company. I agree on that.

I don't know why I totally forgot about the 70 mil. You're right.

Zinga! And all the guys that thought they were gonna suddenly become JB pilots on a JB payscale. Nothing is that easy. Management was kicking and screaming. Telling everyone it’s a bad idea. Sure, no one wanted to work for Frankie. Can’t argue that. But the alternative is to find a new job. Could have just done that in the first place and been years ahead of what appears to be a slowing of hiring at some key airlines.

Hard to go back to the bachelor life when your side piece, Pratt and Whitney, left you with a gnarly venereal disease. You thought you were getting a deal with that cheap floozie. She ruined you, and your relationship with your ex.

On and on and on about ULCC being dead. Can we at least wait until Q4 financials come out to see if F9 lost money for the year? The overwhelming thought on this board was JB would be approved so any opinion on why a future merger will/wont be approved should be viewed with extreme skepticism.

I still laugh when people take career advice from this site… last week it was stock options. Some people got what they deserved. Lolz.

Who’s gonna succeed, who’ll fail, who won’t exist, or merge. And it’s so arrogantly certain how some people say it too. I bet half theee people aren’t even good at their own job. Yet, they know how to run airlines, and which vaccines everyone should take. Please.

Sill waiting for all knowing Andy to show back up…

With the big 4 plus Alaska reporting record profits, the fact that we have to wait and see if F9 was even profitable for 2023 proves it isn't doing well.

Aggressive expansion is tough. Just ask JetBlue…

I believe its safe to say Frontier was not profitable for 2023.

Is it?

https://ir.flyfrontier.com/financial...rterly-results

Q1 2023
(13M)

Q2 2023
71M

Q3 2023
(32M)

Q4 2023
???

So if anything better than a 26mil loss in Q4 is break even for the year. I don’t see a sizable loss being reported, in fact I think a 15-20mil profit is entirely possible. As long as they’re profitable, they live to fight another day.

Didn't American only profit like 19m in Q4?

"Excluding net special items1, fourth-quarter and full-year net income of $192 million and $1.9 billion".

They took some investment write-downs that weren't part of the airline operations. The airline itself made $192m 4th quarter, and 1.9b for the year. For an airline that was supposed to be a dead man walking a couple of years ago.

The fact that F9 might, maybe, possibly be profitable, and NK is not, answer the question about whether the ULCC business model is struggling. And the NK engine problem is really not to blame, as the bulk of the issue is yet to come. I don't know if Pratt compensation has started yet though.

JetBlue’s power play is its large aircraft order for fleet expansion and replacement….. oh wait. Never mind.

Remember, they pay down debts with free cash flow. The basic difference is depreciation reduces profit. But those were paid by debt back when the a/c were received. Depreciation is not money out of the bank.

Their free cash flow allowed them to pay off more debt than $1.9b for the year.

Right? That guy really put on a good act, making it sound like he was privey to some accurate intel. Good forbid you challenged or spoke in contrast. People might have possibly delayed their career progression based on what that guy was saying. Be careful how much you read into this stuff. Thats for sure.

But, he went to the Boston courtroom, then flexed hard about how much his brokerage account makes. Nobody ever lies about money on Airline Pilot Central!

Delaying your career for something you saw on here is ridiculous and would be your own fault, not Andy's or Bluedrivers. I was appreciative of the time they took to follow this mess and you can't blame them for others poor choices.

Not to mention he correctly called the ruling after the closing arguments. For which he was piled on.

Never underestimate Spirit chokers . It's a disease at this place

It's amazing how this post quickly went off track, isn't title Union Vote of No Confidence.