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Old 03-05-2024 | 06:29 AM
  #51  
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Originally Posted by GhostKhost
400 or so first year is 72x97x400 = 2.793M

100 second year 72x142x100 = 1.022M

100 four year captains 72x109x100= .785M

70 five year captains 72x109x70= .550M

5.150M of straight hourly rate cost savings per month. No idea what they’d save on taxes, benefits, and the individual cost to re qual furloughed pilots later down the road to weigh against.
Theres currently over 600 FOs on first year pay, so all the FOs that would be furloughed by the 25% bs math would be first year guys and gals.
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Old 03-05-2024 | 07:34 AM
  #52  
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Originally Posted by loudclouds
Theres currently over 600 FOs on first year pay, so all the FOs that would be furloughed by the 25% bs math would be first year guys and gals.
Anyone furloughed or downgraded would move up the pay scale if kept on property so while out on furlough the company saves that payrate as well
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Old 03-05-2024 | 07:47 AM
  #53  
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Default Realistic scenario

Moving forward. Frontier comes back to buy us but this time with a lowball offer as compared to before. We are desperate and they know that nobody else can really touch us. (Unless maybe allegiant wants to get into a bidding war.)

since we are both ULCC’s airlines, the DOJ can’t say crap this time. Merger is approved both airlines become one.

maybe now that we’re not competing with each other we can get some quality of life and pay improvement out of it? both Spirit and Frontier pilot groups will prosper.

what do you guys think?
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Old 03-05-2024 | 07:50 AM
  #54  
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Originally Posted by Halon1211
Moving forward. Frontier comes back to buy us but this time with a lowball offer as compared to before. We are desperate and they know that nobody else can really touch us. (Unless maybe allegiant wants to get into a bidding war.)

what do you guys think?
Another merger is the only reason they would have abandoned the appeal. JetBlue was probably agreeable because maybe they have buyers remorse.

There was zero reason to abandon the appeal otherwise.
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Old 03-05-2024 | 07:52 AM
  #55  
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Originally Posted by Noisecanceller
Another merger is the only reason they would have abandoned the appeal. JetBlue was probably agreeable because maybe they have buyers remorse.

There was zero reason to abandon the appeal otherwise.
I like your thinking…that makes sense
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Old 03-05-2024 | 08:10 AM
  #56  
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Why would an exec leave for frontier if that’s the plan, to rebuy us?
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Old 03-05-2024 | 08:17 AM
  #57  
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Originally Posted by B200 Hawk
Why would an exec leave for frontier if that’s the plan, to rebuy us?
so now that executive has our “playbook”information, so now frontier knows what it needs to do. Idk.
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Old 03-05-2024 | 08:28 AM
  #58  
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Originally Posted by Halon1211
so now that executive has our “playbook”information, so now frontier knows what it needs to do. Idk.
No way it gets approved by the courts
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Old 03-05-2024 | 09:10 AM
  #59  
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Originally Posted by Halon1211
Moving forward. Frontier comes back to buy us but this time with a lowball offer as compared to before. We are desperate and they know that nobody else can really touch us. (Unless maybe allegiant wants to get into a bidding war.)

since we are both ULCC’s airlines, the DOJ can’t say crap this time. Merger is approved both airlines become one.

maybe now that we’re not competing with each other we can get some quality of life and pay improvement out of it? both Spirit and Frontier pilot groups will prosper.

what do you guys think?
Assuming DOJ is ok with you not competing against each other. You’re going to have to explain to the judge how you plan on keeping prices low. Only way ULCCs can make money now is if they raise their prices which will just be matched by the legacies. Could be just that the US market is not great for large ULCCs.
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Old 03-05-2024 | 09:17 AM
  #60  
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Zero chance the DOJ allows Spirit and Frontier to merge after the JB/NK fiasco.
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