Spirit to significantly shrink in restruct..
11-17-2024 | 02:14 AM
#31
Gets Weekends Off
Joined: Sep 2020
Posts: 428
Likes: 0
I am mostly impressed with your posts and I appreciate your compassion in this one, however not all trips to Ch 11 end well:
Braniff
Eastern
Pan Am
TWA (well almost)
Perhaps planning for the worst and hoping for the best is more prudent???
And I agree...best of luck to all at NK
Braniff
Eastern
Pan Am
TWA (well almost)
Perhaps planning for the worst and hoping for the best is more prudent???
And I agree...best of luck to all at NK
11-17-2024 | 09:54 AM
#32
Line Holder
Joined: Mar 2023
Posts: 643
Likes: 73
settle down. Is it really that surprising that folks with a vested, multi-decade interest in this career might be rooting against a company that attempts to drive down prices? Let's be honest. If Spirit does shrink, it will result in higher fares and presumably higher profits for the remaining industry participants (almost all of whom have previously experienced a bankrupcy and the associated shrinkage/disruption themselves).
And let's be honest, if that merger had gone through, you'd be doing everything you could to grasp every last ounce of seniority from another pilot group no matter what it took. So stop taking it personally.
And let's be honest, if that merger had gone through, you'd be doing everything you could to grasp every last ounce of seniority from another pilot group no matter what it took. So stop taking it personally.
11-17-2024 | 10:20 AM
#33
Line Holder
Joined: Oct 2010
Posts: 1,990
Likes: 185
11-17-2024 | 10:28 AM
#34
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,120
Likes: 796
From: Engines Turn or People Swim
Increasing pilot (labor) pay to ridiculous labels would instead squeeze out the lower end of the market and cause a big political backlash. That would likely trigger government facilitated startup ULCCs (naturally with no unions to start with).
11-17-2024 | 12:15 PM
#35
It's 5 o'clock somewhere
Joined: Oct 2020
Posts: 2,671
Likes: 17
I am mostly impressed with your posts and I appreciate your compassion in this one, however not all trips to Ch 11 end well:
Braniff
Eastern
Pan Am
TWA (well almost)
Perhaps planning for the worst and hoping for the best is more prudent???
And I agree...best of luck to all at NK
Braniff
Eastern
Pan Am
TWA (well almost)
Perhaps planning for the worst and hoping for the best is more prudent???
And I agree...best of luck to all at NK
Not every legacy pilot is a prick that's rooting against you guys. I'm certainly not.
Hang in there.
11-17-2024 | 04:23 PM
#36
On Reserve
Joined: Apr 2022
Posts: 151
Likes: 47
Yes and no. All of those airlines were dinosaurs that struggled to adapt to deregulation. And they were also gone before bankruptcy rules were reformed. It's a lot harder to just shut it down and liquidate now under the new rules.
Not every legacy pilot is a prick that's rooting against you guys. I'm certainly not.
Hang in there.
Not every legacy pilot is a prick that's rooting against you guys. I'm certainly not.
Hang in there.
Braniff over expanded….and was done in by the larger AA matching their cheap fares. Sound familiar?
While I hope it doesn’t happen, avoiding Ch 7 is not a given at spirit.
11-17-2024 | 06:22 PM
#37
Line Holder
Joined: Sep 2017
Posts: 1,169
Likes: 164
From: NK CA
Dinosaurs? Eastern was the largest carrier for years and didn’t struggle with deregulation. They struggled with horrible management and Francisco Lorenzo. Maybe buy a book and read Grounded: The story of Eastern Airlines and see that CAL and Lorenzo destroyed EAL. Lorenzo raped EAL of assets that he transferred to the scab operation at CAL.
While I hope it doesn’t happen, avoiding Ch 7 is not a given at spirit.
While I hope it doesn’t happen, avoiding Ch 7 is not a given at spirit.
11-17-2024 | 08:26 PM
#38
Line Holder
Joined: Mar 2018
Posts: 383
Likes: 30
settle down. Is it really that surprising that folks with a vested, multi-decade interest in this career might be rooting against a company that attempts to drive down prices? Let's be honest. If Spirit does shrink, it will result in higher fares and presumably higher profits for the remaining industry participants (almost all of whom have previously experienced a bankrupcy and the associated shrinkage/disruption themselves).
And let's be honest, if that merger had gone through, you'd be doing everything you could to grasp every last ounce of seniority from another pilot group no matter what it took. So stop taking it personally.
And let's be honest, if that merger had gone through, you'd be doing everything you could to grasp every last ounce of seniority from another pilot group no matter what it took. So stop taking it personally.
Wow
just, wow
11-18-2024 | 03:42 AM
#39
Line Holder
Joined: Oct 2006
Posts: 60
Likes: 0
What if you're a 57 year-old Spirit pilot that could spend the next year or longer burning through savings trying to land another job in the only profession you know? Couldn't a couple extra years on the back end help with that?
11-18-2024 | 04:05 AM
#40
On Reserve
Joined: Apr 2022
Posts: 151
Likes: 47
Isn’t the Age 67 groups talking point that we need to raise the age because of a pilot shortage? What you are saying is to make it a socialist welfare program. Better buy a new hat.
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