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Originally Posted by Halon1211
(Post 3808257)
okay. So what would be your plan since you seem to know all about airline buisness?
If we’re going to this tiered model of service, then maybe we need to get back to the Neeleman days of JB in the early 2000s. |
In my view at this stage it's not what can be done, it's what has been done. The company is failing and i doubt heavier bags and refunds is really what the public wants.
In my opinion, MIA never should have happened. Prolonged cuts in ORD and BWI never should have happened. The company chose to favor new markets like ORF and making GSO work over reestablishing ACY. The company got so wrapped up in M&A that they clearly failed to run a good company for the past two years, giving up valuable market share in cities like SJU and BWI, only to see competitors immediately fill in. I know TC claims his hands were tied due to merger, but things like MCO being a daily failure of an operation are things a leader doesnt allow to persist. They can only scramble at this point, throw darts and hope. I can totally understand why shareholders hired a law firm to look for improprieties. Alot of things TC has said do not match with reality. We can only hope the bondholders are willing to negotiate or that a bankruptcy does not result in a full liquidation. |
Originally Posted by 8JRMfortheyear
(Post 3808130)
BBB has ALS.
Originally Posted by Halon1211
(Post 3808178)
what issues does Spirit have?
The civil unrest in Haiti? Who’s fault is that? Jacksonville center understaffed? Who’s fault is that? failed merger? blame Biden administration, blame that Reagan appointed judge, blame the shareholders for accepting the deal. Summer melt down?…maybe…but they actually have done leaps and bounds with their automated Crew Scheduling to help with that. (and I can’t think of the last time we had a huge huge meltdown.) you guys know I’m not a company cheerleader by any means. And I know you are all mad because some of us are gonna have to down grade, be displaced, furloughed, but let’s be fair here! Unfortunately the buck stops at the top, Teddy has had his time, he did nothing, there isn't a higher authority. So he goes. Don't turn into a "what are you going to do mr pilot CEO" because its not that. Ted has failed and it's being compounded by the issue. New leadership won't solve the engine issue but it may solve the other problems. Anyway just ideas, we are all along for the ride and the best we can do is hope, pray, cross fingers and enjoy it. Sorry you didn't get UAL but I'm glad you and your experience are still at Spirit. |
Originally Posted by Halon1211
(Post 3808106)
so you’re blaming our CFO on our engine issues???
The only reason Spirit is in a tough spot is because we have a ton of planes down because of our powdered metal issue that nobody could’ve predicted. and that issue is about to get a lot worse through next year. you can’t make a profit if a quarter of your fleet is down. |
Originally Posted by Noisecanceller
(Post 3808295)
Youre joking right? P&W is paying us for the cost of the planes on the ground. We don’t make money on the planes we have flying. Those are facts. Every airline came out of Covid making money. We did not. That’s a management failure plain and simple. We are not in a tough spot bc of the engines. We made money with a lot less airplanes before. Why can’t we now? The business model is flawed and it’s execution is a direct result of management practices that failed.
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Fornaro seemed to find the sweet spot between high margins and reliability. I despised two-scoops time here mainly because that was in the heat of C2018 negotiations and they wrongfully sued us, but we were handsomely profitable and in 2018 we scored #4 for the full year A-14. Not a bad turnaround from the Baldanza days....
Then Nashville Teddy took over.... 🙄 |
Originally Posted by Tranquility
(Post 3808305)
Fornaro seemed to find the sweet spot between high margins and reliability. I despised two-scoops time here mainly because that was in the heat of C2018 negotiations and they wrongfully sued us, but we were handsomely profitable and in 2018 we scored #4 for the full year A-14. Not a bad turnaround from the Baldanza days....
Then Nashville Teddy took over.... 🙄 Teddy undid all that and then some. That’s what happens when a bean counter runs an airline(vs an operations guy like Bob) and fails to invest in infrastructure. |
Originally Posted by Tranquility
(Post 3808305)
Fornaro seemed to find the sweet spot between high margins and reliability. I despised two-scoops time here mainly because that was in the heat of C2018 negotiations and they wrongfully sued us, but we were handsomely profitable and in 2018 we scored #4 for the full year A-14. Not a bad turnaround from the Baldanza days....
Then Nashville Teddy took over.... 🙄 |
Originally Posted by demonrat
(Post 3808345)
All this...
More clearly: We are furloughing because of P&W. We are going bankrupt and possibly out of business because of bad management |
Originally Posted by putzin
(Post 3808288)
Sorry you didn't get UAL but I'm glad you and your experience are still at Spirit.
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