Spirit to significantly shrink in restruct..
11-19-2024 | 07:59 AM
#71
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What hard lessons were learned about pilot experience at UAL?
11-19-2024 | 08:37 AM
#73
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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.
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.
11-19-2024 | 08:44 AM
#74
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Joined: Jan 2008
Posts: 63
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From: Retired 121
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!!!
11-19-2024 | 09:09 AM
#75
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Joined: Feb 2019
Posts: 1,226
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From: baller, shot caller
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!!!
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!!!
We could also get nuked by Russia tomorrow and all of our careers get dropped to zero
11-19-2024 | 09:27 AM
#76
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,120
Likes: 796
From: Engines Turn or People Swim
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).
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).
11-19-2024 | 09:29 AM
#77
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,120
Likes: 796
From: Engines Turn or People Swim
11-19-2024 | 09:33 AM
#78
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,120
Likes: 796
From: Engines Turn or People Swim
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.
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 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.
11-19-2024 | 09:33 AM
#79
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Joined: Jan 2008
Posts: 63
Likes: 0
From: Retired 121
11-19-2024 | 09:39 AM
#80
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,120
Likes: 796
From: Engines Turn or People Swim
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.
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
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