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Will this judge approve NK?s exit plan


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Will this judge approve NK’s exit plan

Old 12-31-2024 | 08:02 AM
  #31  
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Originally Posted by rickair7777
Unfortunately that would be my take.
Thing is when you’re losing $300M a quarter no amount of labor compensation cuts will make the difference when you’re already the second lowest paid. They just can’t make that case to be plausible.

Merger or massive increase in revenue are the only options.

The good news is that Ford and Harrison is a known quantity and ALPA should know the playbook by now.
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Old 12-31-2024 | 08:06 AM
  #32  
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I'm real curious what this "other" expense means in Spirits accounting. That's nearly $300m per quarter as it is, which is obsurd.
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Old 12-31-2024 | 08:21 AM
  #33  
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Originally Posted by Noisecanceller
Thing is when you’re losing $300M a quarter no amount of labor compensation cuts will make the difference when you’re already the second lowest paid. They just can’t make that case to be plausible.

Merger or massive increase in revenue are the only options.

The good news is that Ford and Harrison is a known quantity and ALPA should know the playbook by now.

maybe hired in advanced of jcba negotiations. Seems a little late in the game to be hired to change anything in our contract given the proposed timeframe of this process
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Old 12-31-2024 | 09:39 AM
  #34  
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Originally Posted by Noisecanceller
Thing is when you’re losing $300M a quarter no amount of labor compensation cuts will make the difference when you’re already the second lowest paid. They just can’t make that case to be plausible.

Merger or massive increase in revenue are the only options.

The good news is that Ford and Harrison is a known quantity and ALPA should know the playbook by now.
If they suspect they have a viable business plan (or merger plan) on the backside, they may just be leveraging the opportunity to scare labor into giving concessions. Because why not?

If it's an F9 merger, maybe they'd like the JCBA to start as far back from pole position as possible.

If they had a good legal case for cuts, I suspect they'd just ask the judge, not hire union busters.
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Old 12-31-2024 | 09:42 AM
  #35  
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Originally Posted by Sieve
Spirit Management may have said they don’t intend to touch the pilot CBA but they left out the part about how it really isn’t up to them during bankruptcy.
It's not. Given the current state of the CBA relative to the rest of the industry, the court probably won't mess with it much.

But nothing to stop them from asking (in a carefully sculpted climate of fear).
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Old 12-31-2024 | 10:58 AM
  #36  
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Originally Posted by StoneQOLdCrazy
If they hired Ford Harrison they will absolutely try to bully, bluster, and/or bluff the unions into taking cuts.
Originally Posted by flynd94
that and their lawyers will analyze every work groups contract/work rules. The will find every loop hole and advise mgmt how to exploit the contracts/work rules without violating said agreements.

Google their website… experts in keeping unions off property and “working” with them.

I suggest reading the book “confessions of a union buster”. Written by a former Ford/Harrison employee
​​​​
No kidding. They are the #1 aviation union busting law firm. Their trolls are even on this page spreading FUD if you know where to look.

Right now over on the allegiant forum FH has a bunch of guys with new accounts pretending to be "concerned citizens" in the pilot group and agitating to vote the union out and go non union... in the middle of negotiations!

Stand strong guys. Best of luck.
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Old 12-31-2024 | 01:02 PM
  #37  
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Originally Posted by Margaritaville
​​​​
No kidding. They are the #1 aviation union busting law firm. Their trolls are even on this page spreading FUD if you know where to look.

Right now over on the allegiant forum FH has a bunch of guys with new accounts pretending to be "concerned citizens" in the pilot group and agitating to vote the union out and go non union... in the middle of negotiations!

Stand strong guys. Best of luck.
at the rate people are leaving and trying to leave their nest tactic would be to not cause any more pain.
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Old 12-31-2024 | 03:53 PM
  #38  
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Originally Posted by Noisecanceller
Thing is when you’re losing $300M a quarter no amount of labor compensation cuts will make the difference when you’re already the second lowest paid. They just can’t make that case to be plausible.

Merger or massive increase in revenue are the only options.

The good news is that Ford and Harrison is a known quantity and ALPA should know the playbook by now.
Why would you assume labor concessions would be their ONLY solution to the problem?

I see it as a high probability, there will be some kind of financial relief through modified labor agreements. Spirit pilots may be some of the lowest per hour flown compensated pilots. However, due to some pretty sweet work rules and contractual agreements, the overall burden on the company probably bears some room for helping improve the state of the company.

With that being said, I’d imagine there will be hourly rate increases in the near future. And the ability to make equal to or more will be a thing. The change will come in how hard we have to work to obtain the same income.

Earning 100k at American Airlines requires more work than earning 100k at Spirit as a pilot. You can however earn far more in the end at American. Even Delta and UAL. They’re going to make people work for their money.
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Old 12-31-2024 | 04:16 PM
  #39  
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Originally Posted by afterburn81
Why would you assume labor concessions would be their ONLY solution to the problem?

I see it as a high probability, there will be some kind of financial relief through modified labor agreements. Spirit pilots may be some of the lowest per hour flown compensated pilots. However, due to some pretty sweet work rules and contractual agreements, the overall burden on the company probably bears some room for helping improve the state of the company.

With that being said, I’d imagine there will be hourly rate increases in the near future. And the ability to make equal to or more will be a thing. The change will come in how hard we have to work to obtain the same income.

Earning 100k at American Airlines requires more work than earning 100k at Spirit as a pilot. You can however earn far more in the end at American. Even Delta and UAL. They’re going to make people work for their money.
Probably better to not give anyone any ideas on a public forum
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Old 12-31-2024 | 05:26 PM
  #40  
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Originally Posted by afterburn81
Why would you assume labor concessions would be their ONLY solution to the problem?

I see it as a high probability, there will be some kind of financial relief through modified labor agreements. Spirit pilots may be some of the lowest per hour flown compensated pilots. However, due to some pretty sweet work rules and contractual agreements, the overall burden on the company probably bears some room for helping improve the state of the company.

With that being said, I’d imagine there will be hourly rate increases in the near future. And the ability to make equal to or more will be a thing. The change will come in how hard we have to work to obtain the same income.

Earning 100k at American Airlines requires more work than earning 100k at Spirit as a pilot. You can however earn far more in the end at American. Even Delta and UAL. They’re going to make people work for their money.
Oh just stop with this.

We don’t even have min day pay.
We just got block or better per leg, and had to wait a year into the new contract.
We have the WORST reserve rules of any major airline.
Our pilots who are working tomorrow get $75 vs double time etc at other airlines.
They get crew meals and we are told to not touch the pop chips or cheese boxes.

We can drop trips and give back money if there is coverage. That’s about it. Let’s please stop like our contract is superior in work rules compared to legacy airlines, it’s not.
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