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Originally Posted by Macjet
(Post 3846796)
Neeleman seems to have a much better apprasial of the current domestic market than anyone else. His belief is that we'd see something between F9 and NK rates.
https://www.washingtonpost.com/travel/2024/10/17/jetblue-breeze-airways-david-neeleman-southwest-spirit/ |
Originally Posted by Lincoln Osiris
(Post 3846813)
And why would anyone of either pilot group vot yes on a JCBA that takes us even further away from current market rates?
Average of F9+NK rates +5% and it passes by 65%+ Or am I supposed to still be laughing over your 'snap up' dreams? What color lanyard will that rally cry be? |
Originally Posted by Macjet
(Post 3846820)
Are you under the dilusion that either MEC would present an industry leading, or even industy par, JCBA to the pilot group? And are you further under the dillusion that either group would vote down a subpar JCBA?
Average of F9+NK rates +5% and it passes by 65%+ Or am I supposed to still be laughing over your 'snap up' dreams? What color lanyard will that rally cry be? I don't want to believe you, but unfortunately I do. |
Originally Posted by Macjet
(Post 3846820)
Are you under the dilusion that either MEC would present an industry leading, or even industy par, JCBA to the pilot group? And are you further under the dillusion that either group would vote down a subpar JCBA?
Average of F9+NK rates +5% and it passes by 65%+ Or am I supposed to still be laughing over your 'snap up' dreams? What color lanyard will that rally cry be? |
Originally Posted by Lincoln Osiris
(Post 3846825)
Lmao you aint wrong, you may be okay with less than industry standard but I sure the hell ain't. Your line of thinking is why we will forever be bottom of the barrel dragging the rest of the industy down.
Current legacy A320 12 year rates are topping at nearly $400/hour while NK is $320 and F9 is $270. If you ever think that these two boat anchors of the industry when combined will have parity with any legacy, or even Southwest, then you really need to either step back and assess the industry or reach out to a mental health professional. Either carrier works for a lot of folks but if it doesn't then there is a lot of hiring coming up in the next few years. Ask the guy sitting beside you next time; odds are they've already interviewed somewhere else. Stay or go; it's a decision that we all have to make. But make an honest assessment of what Firit will be and not banging the dillusional drum of snap up or pairty rates. |
Originally Posted by CincoDeMayo
(Post 3846752)
This is true. Sorry F9 boys but your reputation isn’t crapping gold over there either . Spirit was first so the name is synonymous with trash passengers, but let’s not act for a second that Frontier is Delta One over there.
Not a pi$$ing contest but both our pax have no legroom, but at least one has WiFi, and snowless boarding and deplaning. Both products are outdated and it needs to go away. MCO is one of our largest bases (was the largest for a while till they gutted it by opening several bases at once) and we don't even have a service desk past security. Everyone gets sent back to the ticket counter or is told to text our customer service on whatsapp since we don't even have a phone number anymore... seriously... so it's all a joke. NK has a service desk with 3 employees tending to customers at MCO by their gates. Whatever you're used to get ready for it to be taken a few notches down, unfortunately. |
Originally Posted by Macjet
(Post 3846828)
Me pointing out what the MEC(s) will do and how the pilot groups will vote is not me acquising to either mentality. And it isn't my line of thinking; it's the cold hard truth of working for either of these two scumbag airlines. Have you looked around at your company, aircraft, and crew? It is what it is and it certainly pays the bills for a lot of us but it will never be what you see when you look over the ramp at your near peers.
Current legacy A320 12 year rates are topping at nearly $400/hour while NK is $320 and F9 is $270. If you ever think that these two boat anchors of the industry when combined will have parity with any legacy, or even Southwest, then you really need to either step back and assess the industry or reach out to a mental health professional. Either carrier works for a lot of folks but if it doesn't then there is a lot of hiring coming up in the next few years. Ask the guy sitting beside you next time; odds are they've already interviewed somewhere else. Stay or go; it's a decision that we all have to make. But make an honest assessment of what Firit will be and not banging the dillusional drum of snap up or pairty rates. |
Originally Posted by ERAUAV8R
(Post 3846684)
Frontier Cons
paid less day trips Frontier pros theyre not in bankruptcy pilots don’t look like slobs Spirit pros Drop to zero Spirit cons They’re broke image is broke Well that's interesting, I saw a commutable 4 day in open time at my base for days on end. I've been here a while and the day trips are working well with me and actually most guys I fly with like them unless they are commuting (which I understand). If I was a commuter I definitely would have left, but with having a family they are working great. |
Originally Posted by DirkDiggler9999
(Post 3846770)
Can you explain the AK/HA deal then?
As part of that process they agreed to a specific timeline... both parties had some obligations but DOJ agreed to either oppose it after a 90 day or review or let it go. They fully intended to oppose. Then there was this debate thing, and the election became ugly with the incumbents looking to lose over economic issues. I think the administration told DOJ to not oppose, to avoid economy-unfriendly optics in the runup to the election. The passive aggressive manner in which they let the clock run out on the review period kind of supports that suspicion. I don't know if DOJ would have succeeded in court, but I'm convinced they damn well intended to try, until they got waved off by the big guy. |
Originally Posted by rickair7777
(Post 3846865)
Based on careful observation of how the DOJ review phase of that merger played out I believe the DOJ fully intended to tank the AS/HA merger, they just needed to go through some bureaucratic motions to make it look like a reasoned decision.
As part of that process they agreed to a specific timeline... both parties had some obligations but DOJ agreed to either oppose it after a 90 day or review or let it go. They fully intended to oppose. Then there was this debate thing, and the election became ugly with the incumbents looking to lose over economic issues. I think the administration told DOJ to not oppose, to avoid economy-unfriendly optics in the runup to the election. The passive aggressive manner in which they let the clock run out on the review period kind of supports that suspicion. I don't know if DOJ would have succeeded in court, but I'm convinced they damn well intended to try, until they got waved off by the big guy. |
Originally Posted by Tranquility
(Post 3846871)
I can guarantee you that the ****s Merrick Garland and Jonathan Kanter, especially the latter, wanted to tank it. They are zealots that need to be unemployed.
It's looking they'll all be unemployed on Jan 21st. |
Originally Posted by Lincoln Osiris
(Post 3846716)
Snap up is #1 regardless if its a stand alone CBA or JCBA. No more "next time". Snap up is now industry standard.
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Originally Posted by StoneQOLdCrazy
(Post 3846967)
Ah. So you want to freeload off of others’ hard work without actually raising the bar yourself. A true unionist.
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Originally Posted by StoneQOLdCrazy
(Post 3846967)
Ah. So you want to freeload off of others’ hard work without actually raising the bar yourself. A true unionist.
Tbh I would prefer to negotiate for 3 years and then be another cycle behind the industry 🤦 Yeah, I would prefer to have the snap up, and no it's not "freeloading" |
Originally Posted by Macjet
(Post 3846820)
What color lanyard will that rally cry be?
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Originally Posted by ULLI
(Post 3847016)
Whaaaaat!?!?
Tbh I would prefer to negotiate for 3 years and then be another cycle behind the industry 🤦 Yeah, I would prefer to have the snap up, and no it's not "freeloading" Does the rest of the industry expect two merged airlines, one broke, both in an essentially failing business niche to set the new bar at DAL+30%? While already coming from behind? No. But at the very least a snap up, even if it's on a time delay, is better than nothing. Personally I don't view F9/NK as leading the next round of pattern bargaining, but playing catch up from the last one. YMMV depending on who you talk to. |
Originally Posted by StoneQOLdCrazy
(Post 3846967)
Ah. So you want to freeload off of others’ hard work without actually raising the bar yourself. A true unionist.
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Originally Posted by rickair7777
(Post 3847048)
No, snap up is not freeloading. It's a safety valve, why would you not want it? It's now become the standard.
Does the rest of the industry expect two merged airlines, one broke, both in an essentially failing business niche to set the new bar at DAL+30%? While already coming from behind? No. But at the very least a snap up, even if it's on a time delay, is better than nothing. Personally I don't view F9/NK as leading the next round of pattern bargaining, but playing catch up from the last one. YMMV depending on who you talk to. |
Originally Posted by fcoolaiddrinker
(Post 3847076)
F9 had minimum average of peers language prior to indigo. The problem with it was peers were listed as alaska America west and AirTran I believe. It became tough to argue the average of one number.
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Originally Posted by Flyby1206
(Post 3846510)
Looks to me like they’re not done yet. |
Originally Posted by Bluediver
(Post 3847140)
1. The industry is the healthiest it’s been in history due to past consolidation. 2. Tickets are the cheapest they’ve ever been on an inflationary scale. 3. Route networks larger than ever allowing more ease in rerouting passengers due to bad weather and other circumstances. 4. Large gains have been made in labor contracts to compensate employees better than they have been since pre 9/11 5. billions in value have been returned to shareholders 6. Blocking further consolidation through the Spirit/jetblue merger put 163 highly skilled union pilots out of work and is threatening to put thousands of Americans at Spirit out of work, along with hundreds of millions of dollars in lost shareholder value. 7. Airfare will go up when spirit goes under when the spirit/JetBlue merger would have kept legacy prices in check. I cannot believe these ****ers are even citing this as a positive for the industry. |
Originally Posted by Noisecanceller
(Post 3847156)
These ****ing jokers.
1. The industry is the healthiest it’s been in history due to past consolidation. 2. Tickets are the cheapest they’ve ever been on an inflationary scale. 3. Route networks larger than ever allowing more ease in rerouting passengers due to bad weather and other circumstances. 4. Large gains have been made in labor contracts to compensate employees better than they have been since pre 9/11 5. billions in value have been returned to shareholders 6. Blocking further consolidation through the Spirit/jetblue merger put 163 highly skilled union pilots out of work and is threatening to put thousands of Americans at Spirit out of work, along with hundreds of millions of dollars in lost shareholder value. 7. Airfare will go up when spirit goes under when the spirit/JetBlue merger would have kept legacy prices in check. I cannot believe these ****ers are even citing this as a positive for the industry. |
Originally Posted by rickair7777
(Post 3847129)
Maybe the heavy lift would be defining the peer group to include legacies. Or at least SWA.
Well now we have legacies paying wide body rates to 321neos because they hold the most seats. Our 321neos hold 240 pax and we should be compensated us such, be it pay or a mixture of pay + benefits/QOL. Our management at F9 has tried to tell us our peers are those of Allegiant, spirit, breeze, and jetblue when in reality, those are just the airlines with the lowest industry contracts, aka, the cheapest. |
Originally Posted by ULLI
(Post 3847016)
Whaaaaat!?!?
Tbh I would prefer to negotiate for 3 years and then be another cycle behind the industry 🤦 Yeah, I would prefer to have the snap up, and no it's not "freeloading" |
Originally Posted by StoneQOLdCrazy
(Post 3847207)
are you going to trigger other groups’ snap-ups, and raise the bar for them? Of course not. You’re going to piggyback on other pilots’ successes and tack one on for yourself.
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Originally Posted by spooldup
(Post 3847201)
Well now we have legacies paying wide body rates to 321neos because they hold the most seats. Our 321neos hold 240 pax. |
Originally Posted by Lincoln Osiris
(Post 3847217)
Stone is just a troll. Don't feed the troll.
No, *you* didn't do s---t. |
Originally Posted by Halon1211
(Post 3847225)
well, it’s actually 229 pax now for an A321NEO but I get your point 🤓
The F9 321NEOs do indeed have 240 seats. He works at F9. |
Originally Posted by Nacho Libre
(Post 3847265)
The F9 321NEOs do indeed have 240 seats. He works at F9.
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Originally Posted by Lincoln Osiris
(Post 3846416)
Not my quote. Go ask a union rep keyboard warrior.
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Originally Posted by 93Sierra
(Post 3845896)
please no….fearit is dollar general mixed with big lots
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Slightly off the current direction of the thread, but meaningful to the original topic:
Does anyone else even suspect that there was some master plan right at the begining of this? Frontier try to buy Spirit for $24/share. Jet blue fear the end result or a large low cost carrier on the east coast so they come along with a sweetheart deal at $33 of which an amount will be prepaid to shareholders. Oh and if its blocked they will pay $400m compensation (but the prepay amount shall satisfy the $400m). They then put together the lamest defense during the court case. They really dont want spirit, they just want to scupper the frontier/spirit deal. Oh, and Ted, who told the shareholders to accept the frontier offer and not the JB offer (probably got some A1 gig set up at frontier), said the wrong things to the judge to seal the deal for a block with JB. Meanwhile, NK shares tank to 5-10% of the value during merger talks. Frontier then steps back up and will probably offer some really low ball offer like $3/share. I know, some of these numbers are rounded and I may be a little off. I may be way off on my rounding and have glazed over all the facts. Just spitballing what it feels like as a small shareholder. It would make a good daytime movie. |
Originally Posted by MstrAv8r
(Post 3847266)
Having flown a number of them during my time at F9, I can corroborate this fact. Their 321neo variant holds 240 pax + crew. It’s a full boat!
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Originally Posted by Be Realistic
(Post 3847352)
Slightly off the current direction of the thread, but meaningful to the original topic:
Does anyone else even suspect that there was some master plan right at the begining of this? Frontier try to buy Spirit for $24/share. Jet blue fear the end result or a large low cost carrier on the east coast so they come along with a sweetheart deal at $33 of which an amount will be prepaid to shareholders. Oh and if its blocked they will pay $400m compensation (but the prepay amount shall satisfy the $400m). They then put together the lamest defense during the court case. They really dont want spirit, they just want to scupper the frontier/spirit deal. Oh, and Ted, who told the shareholders to accept the frontier offer and not the JB offer (probably got some A1 gig set up at frontier), said the wrong things to the judge to seal the deal for a block with JB. Meanwhile, NK shares tank to 5-10% of the value during merger talks. Frontier then steps back up and will probably offer some really low ball offer like $3/share. I know, some of these numbers are rounded and I may be a little off. I may be way off on my rounding and have glazed over all the facts. Just spitballing what it feels like as a small shareholder. It would make a good daytime movie. |
Originally Posted by FriendlyPilot
(Post 3847516)
Share price is not the issue. Its the massive debt that Frontier would have to take ownership of. Can Frontier afford to drop $1.2B this next september to make the balloon payment plus the ongoing 8% interest payments on the other $2B? That's $160M a year in added debt. Can Frontier magically add $160M in profits with Spirits assets? Because the turn-around on that now is substantial with the current business model not working.
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Originally Posted by CatPilot1
(Post 3847524)
Indigo could by Spirit and take it private while renegotiating its debt all while running it as a separate airline. After everything is settled with the debt they could then sell it to Frontier at manageable price. The goal is to acquire Spirit without someone else coming in and screwing it all up again.
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Originally Posted by FriendlyPilot
(Post 3847547)
Why would the bondholders even want to renegotiate? If Spirit doesn't pay them they can sell the assets and recoup their investment. The only reason to refinance would be at a higher interest rate and then Frontier or Indigo would get stuck with that even greater debt load. Its not like the bondholders will be wiped out. They are the most senior note holders and will get paid off before anyone else and will be paid in full. Its the subordinate debt holders that might want to renegotiate, but the amount isn't enough to make a difference financially.
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Originally Posted by FriendlyPilot
(Post 3847547)
Why would the bondholders even want to renegotiate? If Spirit doesn't pay them they can sell the assets and recoup their investment. The only reason to refinance would be at a higher interest rate and then Frontier or Indigo would get stuck with that even greater debt load. Its not like the bondholders will be wiped out. They are the most senior note holders and will get paid off before anyone else and will be paid in full. Its the subordinate debt holders that might want to renegotiate, but the amount isn't enough to make a difference financially.
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Originally Posted by afterburn81
(Post 3847617)
Curious but what good are assets that are unable to generate revenue? Many of the assets that would have to be sold, are basically worthless until re engined. Sort of a unique scenario really. I have no idea how many aircraft are actually in this state. But it’s definitely more than 23.
secondly - did everyone miss the fact that Hawaiian worked a deal to get all their junked engines traded out for good ones? Their downtime was very very minimal. My hunch is that those planes that Spirit has sitting do in fact have value and could quite possibly be back in the air quite quickly if they belonged to an owner that WANTED them in the air. I think spirit wants them sitting for now; which is why they aren’t pressing for a deal like Hawaiian did. the 23 sold were perfectly good flying airplanes. They were an “older and less fuel efficient fleet”. and, sorry I quoted you, this may or may not respond to what you’re saying. But yours was the easiest to click respond to and you were responding to the poster that I think I’m probably responding too as well. And it’s late and I’m tired haha! |
Originally Posted by biigD
(Post 3847229)
He also can't tell you one thing he personally did to 'raise the bar'. He just sat on a seniority list while his union volunteers were out there actually doing the work. He's like the fan of a football team that uses the word 'we'. "We played a great game!"
No, *you* didn't do s---t. |
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