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-   -   Spirit to significantly shrink in restruct.. (https://www.airlinepilotforums.com/spirit/148655-spirit-significantly-shrink-restruct.html)

Midsomer 11-19-2024 07:59 AM


Originally Posted by rickair7777 (Post 3853572)
. While hiring has slowed, the pilots they really need to retain are also the most attractive to UAL, which recently learned it's own hard lessons about pilot experience. They'll probably remember that for a while.

What hard lessons were learned about pilot experience at UAL?

CatPilot1 11-19-2024 08:05 AM


Originally Posted by Midsomer (Post 3853607)
What hard lessons were learned about pilot experience at UAL?


Hard. lol. Pun intended.

Squak1200 11-19-2024 08:37 AM


Originally Posted by Midsomer (Post 3853607)
What hard lessons were learned about pilot experience at UAL?

A lie gets halfway around the world while truth can even put on its boots.
People repeat the same stuff over and over again. Most "UA incidents" that media spread, had experienced crew/ crew member. The one's that actually qualified as "incident", have the NTSB report that anyone can read, with crew qualifications / hours. Yet we keep repeating the same stuff. Much like DEI hiring. Look at the class photos.

jabr800 11-19-2024 08:44 AM


Originally Posted by Tranquility (Post 3853465)
I wouldn't put too much stock in what they stated.
Quite the opposite actually,
I fully expect them to seek changes eventually.
I would love to be wrong.

I agree with the quote listed here.
It almost never stays the same.

Part of the negotitions with the creditors usually includes this as part of the plan.
My guess is they aren't ready to "drop the bomb" just yet.

I have a relative at Spirit that flies as Captain.
My guess is he will be lowered to F/O shortly, and then with whatever pay reductions, insurance reductions, 401k contribution reductions or stoppages, etc. he will be reciving less than 1/2 of what he was receiving just a few weeks ago!

Again, good luck everyone.
I would never ask this to happen to anyone!!!

SSlow 11-19-2024 09:09 AM


Originally Posted by jabr800 (Post 3853622)
I agree with the quote listed here.
It almost never stays the same.

Part of the negotitions with the creditors usually includes this as part of the plan.
My guess is they aren't ready to "drop the bomb" just yet.

I have a relative at Spirit that flies as Captain.
My guess is he will be lowered to F/O shortly, and then with whatever pay reductions, insurance reductions, 401k contribution reductions or stoppages, etc. he will be reciving less than 1/2 of what he was receiving just a few weeks ago!

Again, good luck everyone.
I would never ask this to happen to anyone!!!

Pure conjecture and fear mongering

We could also get nuked by Russia tomorrow and all of our careers get dropped to zero

rickair7777 11-19-2024 09:27 AM


Originally Posted by flyboyike (Post 3853602)
Same here. How is another two years going to fix that?

If you look into all the math and strategy regarding retirement, two years could make all the difference, especially at major airline pay.

There are other factors, but the biggies are...

1. Two years additional savings.
2. Two FEWER years in which you need to tap your investments.
3. Delay taking SS two years from when it would otherwise be prudent.

So two years roughly = four years, plus SS impact.

Anyway you can look into the math and see for youself. I'd recommend anybody much over age 35 do that... you might find you can bang out much earlier than you thought (especially at our income levels).

rickair7777 11-19-2024 09:29 AM


Originally Posted by SSlow (Post 3853634)
We could also get nuked by Russia tomorrow and all of our careers get dropped to zero

Unfortunately RU is actually threatening that today, so that's maybe not a good eexample right now.

rickair7777 11-19-2024 09:33 AM


Originally Posted by putzin (Post 3853590)
At the current rates, you’ve made more than enough to compensate your “loss”. We all have. None of us ever dreamed we’d be making 4-600k a year this easy.

But like most millennials you still whine, like somebody owes you something. The amount we all have is insane and an incredible blessing.

There, I said it.

edit: Honestly look around the world and tell me how tough we have it. This is not about thinking we should be working for free, far from it.

??? I'm not whining, and I said I'm not working past 65. I'm certainly not a millenial.

I'm saying there are others who lived my experience who might be less fortunate. I've got a mil pension, several homes, and an original issue wife. Take away some of that and the math get's harder.

jabr800 11-19-2024 09:33 AM


Originally Posted by SSlow (Post 3853634)
Pure conjecture and fear mongering

We could also get nuked by Russia tomorrow and all of our careers get dropped to zero

Perhaps SSlow, however, I've been at 3, 121 carriers, and this is how is went everytime.
As they say, history repeats itself!

rickair7777 11-19-2024 09:39 AM


Originally Posted by Chimpy (Post 3853593)
UAL is hiring sub 1,000 this year. Delta, around 1,000, AA? United hired north of 2,000 for the last 2.5 years, the forecast is much lower due to Boeing. NK has a few hundred on the street, The Regionals are no longer short staffed. I absolutely do not think Old Lyin Ted is concerned with Attrition. That is my only point. I dont think Pilot retention is something they currently care about.

Might be if they're very short-sighted. Retirements continue, and hiring will have to ramp back up for that eventually, likely in the next 1-2 years.

Some folks have said that ULCC's can just adopt the regional model, hire CFI's and endless revolving door. The problem with that is your CA's now have lower longevity, are younger, fewer family entanglements, and more likely to bail for legacies.

Regional model didn't fair well at all for a few years, but the regionals got propped up by the legacies who supported higher wages and did things like meter flow and hiring from affiliated regionals. LCC's won't be getting that kind of help :rolleyes:


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