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-   -   Will this judge approve NK’s exit plan (https://www.airlinepilotforums.com/spirit/148944-will-judge-approve-nkis-exit-plan.html)

checkgear 01-01-2025 06:52 PM


Originally Posted by havoste (Post 3866564)
With every 1 capt that has a CJO there are a lot more 'going down with the ship'. Also I'd say most of the FOs have met haven't heard a peep due to 'no turbine PIC'. Don't think the attrition will be nearly as bad as you say in 2025.

May be true for the more junior guys, but I have zero turbine PIC and just got my class date for Feb at AAL. If the rumours are anything to be believed it looks like 20% of the pilots have CJO’s and a lot more have apps out actively looking to leave.

Flyweight 01-01-2025 07:18 PM


Originally Posted by Margaritaville (Post 3866621)
He's a hat wearer. They just can't help themselves but to come to all the non triangle forums and talk down to everyone. It's sad really. Then they wonder why they have the reputation they do.

Buddy, guy, pal. If you mean Delta. Dont lump us in with that guy. I see no recent posts or history in the widget side.

Wish ya NK guys the best. I easily could be there too and I have seen multiple furloughs and layoffs before.

rickair7777 01-02-2025 05:56 AM


Originally Posted by hockeypilot44 (Post 3866533)
Spirit’s peer airlines are Breeze, Allegiant, Frontier, Sun Country, and Avelo.

There's a grain of truth to this.

I don't believe it, and neither should you. But it's certainly a line of argument the company would pursue in court *if* they decided to make the case that the current CBA was excessive and they wanted to get some relief on that.

At face value I'd say that would drive attrition and damage future recruiting to the point where it would be counter-productive to the recovery plan. My shop experienced that prior to our current CBA, and they had far better prospects than NK right now.

But if F9 is in the mix, maybe they hope they can get the JCBA closer to F9's CBA?


Originally Posted by hockeypilot44 (Post 3866533)
How well are the Spirit pilots paid compared to the above airlines? If above average, look out. You’d be amazed how many concessions pilots are willing to accept when the alternative is no job at all. If you don’t think they’ll threaten you and use that leverage, you’re kidding yourselves. There’s no way to tell if the threat is real, but it has to be taken seriously which means the concessions will happen. If the restructure is anything like the legacies in the mid 2000’s, they’ll be multiple rounds of concessions.

What's the MEC makeup? It's true that senior lifers might well give concessions rather than start over as gear-slingers. It's happened in the past... and many seniors remember Eastern. Silver lining today is that most folks *should* be able to get jobs, and would likely be better off in 3-5 years after they rip the bandaid off.

CincoDeMayo 01-02-2025 06:23 AM


Originally Posted by rickair7777 (Post 3866750)
There's a grain of truth to this.

I don't believe it, and neither should you. But it's certainly a line of argument the company would pursue in court *if* they decided to make the case that the current CBA was excessive and they wanted to get some relief on that.

At face value I'd say that would drive attrition and damage future recruiting to the point where it would be counter-productive to the recovery plan. My shop experienced that prior to our current CBA, and they had far better prospects than NK right now.

But if F9 is in the mix, maybe they hope they can get the JCBA closer to F9's CBA?



What's the MEC makeup? It's true that senior lifers might well give concessions rather than start over as gear-slingers. It's happened in the past... and many seniors remember Eastern. Silver lining today is that most folks *should* be able to get jobs, and would likely be better off in 3-5 years after they rip the bandaid off.

MEC can’t just “give concessions,”’major changes to the CBA require membership ratification

dera 01-02-2025 09:32 AM


Originally Posted by CincoDeMayo (Post 3866761)
MEC can’t just “give concessions,”’major changes to the CBA require membership ratification

Not directly. But they are in the negotiation table with Jerry Glass and a judge, and that's where they can give things for the judge to rule on.
An arbitrated/forced through Ch11 court CBA does not require a membership ratification.

hifive 01-02-2025 10:42 AM

The airline is dead. Those who cant see that are just naive

sioux8ships 01-02-2025 12:00 PM


Originally Posted by hifive (Post 3866857)
The airline is dead. Those who cant see that are just naive

Cool first post. I remember my first beer.

hifive 01-02-2025 12:18 PM

Time to wake up brother

fcoolaiddrinker 01-02-2025 12:51 PM


Originally Posted by dera (Post 3866835)
Not directly. But they are in the negotiation table with Jerry Glass and a judge, and that's where they can give things for the judge to rule on.
An arbitrated/forced through Ch11 court CBA does not require a membership ratification.

https://repository.law.miami.edu/cgi/viewcontent.cgi?article=2059&context=fac_articles

here’s an article that outlines leverage (the monetary value of any potential court forced concessions) unions have used to become stakeholders in bankruptcy as opposed to just trying to limit the damage. With APA and FAPA being the most recent airline examples.
it’s a bit long winded but the you’ll get the idea after the first few pages.
You have leverage even in bankruptcy. It’s up to your mec to capture it. They still need pilots to move airplanes.

Powderkeg 01-02-2025 05:31 PM


Originally Posted by fcoolaiddrinker (Post 3866891)
https://repository.law.miami.edu/cgi/viewcontent.cgi?article=2059&context=fac_
articles

here’s an article that outlines leverage (the monetary value of any potential court forced concessions) unions have used to become stakeholders in bankruptcy as opposed to just trying to limit the damage. With APA and FAPA being the most recent airline examples.
it’s a bit long winded but the you’ll get the idea after the first few pages.
You have leverage even in bankruptcy. It’s up to your mec to capture it. They still need pilots to move airplanes.

Pay attention to this post...Frontier promised FAPA an equity stake in the business during the BK days. It cost F9 nothing since the equity was worth $0. It took a decade but it paid dividends eventually...they didn't give something for nothing. I'm not advocating for NK to agree to concessions but if you decide that's in your best interest make sure your union backstops it with something.


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