Airline Pilot Central Forums - The plan going forward

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- - The plan going forward (https://www.airlinepilotforums.com/spirit/147215-plan-going-forward.html)

Quote:

Originally Posted by CatPilot1 (Post 3812371)

Nice story. Buh Byeeeee!

You are welcome my boy.

Quote:

Originally Posted by rickair7777 (Post 3811667)

Worth noting that BK companies, even if allowed to reject/modify a CBA do not get carte blanche. Typically the judge will impose an "industry average" contract, although if it were necessary to make the numbers work in the reorganization proposal the court might cut deeper. In this case the company would argue for the average of the ULCC industry (SY, F9, G4, Breeze, Avelo), not the average of DL, UA, AA, and SW.

Courts seem to like snap-back provisions, so you might suck it up for a while and then get some or all of the original contract back after things turn around post-BK.

Also the company has to jump through some hoops before it can even go there with a CBA, and that would take at least some amount of time (11 USC 1113). If the company starts trying to negotiate a concessionary CBA that's a good sign that Ch.11 is right around the corner.

Companies generally negotiate lower contracts in BK instead of having them imposed by the courts, because the courts will take too long. Management will threaten numerous negative outcomes if a concessionary contract is not agreed to. Including furloughs, downgrades, stagnantion, closing of bases or closing the doors completely. Usually when this happens the entire industry is in a downturn, so pilots don't have the option to go to other airlines similar to the post 9/11 where almost all airlines furloughed and no pilots were hired at Majors for 4 years, and even then there were only a few majors hiring, not including regionals and LCCs.

Now is different because this is a company specific problem and most other airlines are hiring, so there might be less resistance to accepting a subpar contract.

Well here is the huge news we were all waiting for!! This is our big plan moving forward that will save us from BK.

https://www.palmbeachpost.com/story/...a/74148263007/

Quote:

Originally Posted by Halon1211 (Post 3812645)

Well here is the huge news we were all waiting for!! This is our big plan moving forward that will save us from BK.

https://www.palmbeachpost.com/story/news/local/2024/06/19/spirit-airlines-announces-nonstop-birmingham-alabama-bhm-fort-lauderdale-fll-florida/74148263007/

69....nice

What confuses me is how they're going to do this new flying with more and more planes being parked. We have new routes from PDX, from SAN, from EWR, now adding BHM. I love seeing new routes and new flights and new cities but I just don't know what their plan is when (as many as) 70 planes are unavailable.

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Originally Posted by BusBoi (Post 3812651)

Dont know if true, but I heard they may have a path to shorten the inspections to 100 days. Additionally they may have found a few replacement engines.

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Originally Posted by CatPilot1 (Post 3812653)

Dont know if true, but I heard they may have a path to shorten the inspections to 100 days. Additionally they may have found a few replacement engines.

I've heard the same about the former, not the latter. Not sure if it's accurate either....

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Originally Posted by Tranquility (Post 3812654)

I've heard the same about the former, not the latter. Not sure if it's accurate either....

Supposedly a plane headed for long term storage instead went to Detroit for an engine swap.

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Originally Posted by BusBoi (Post 3812651)

With the 70 down it’ll actually be about 50 less than we have now bc we are still delivering new planes for the time being.

When they announce new routes they don’t announce publicly the ones we pull out of. Many are getting canned. We are not making money so MANY city pairs or frequencies are unprofitable.

Its throwing darts at a wall right now.

Quote:

Originally Posted by CatPilot1 (Post 3812653)

Dont know if true, but I heard they may have a path to shorten the inspections to 100 days. Additionally they may have found a few replacement engines.

the 100 day turnaround is with new parts. They have to manufacture them first which can take up to two years. The 100 turnaround is very miss leading.