How much is pilot payroll per year? What percentage would you have to cut it for the company to break even? 3000 pilots at 300,000 per year is $900 million. Cut your pay by 50 percent, company saves $450 million. Is that enough? Would you really be willing to cut your pay by 50 percent knowing it’s a stop gap? If you get downgraded, it will be even worse. Can you afford to be a first officer making 30 percent of what you currently make? All to save 10 years seniority. At a certain point, it doesn’t make sense anymore. Just start over at a legacy and accept that maybe Spirit wasn’t the best airline to bet a career on.


It’s a bad situation to be in. I’ve said this before. I hope if works out.

 

No one is ever going to care about your career more than you will.

Guys above you won’t sacrifice 50% of there wages to help out. Same way most wouldn’t have done that to save the what is it 600 pilots or more Getting Furloughed in the past 12 months.

Maybe Frontier saves the day

 

For realistic purposes, I suggest you make a plan where that doesn’t happen.

 

You’re an embarrassment, man

 

Troll alert!!!!

 

Spirit is losing $3m/day. So that's about $1,100 concessions per day per pilot.

So every pilot would need to take a $400K/yr paycut. Good luck!

 

I hate to say it but, even if the company DID receive concessions from the pilots they (the company) STILL wont change how they operate. It'll just be 'a few more months of operating cash' for them to burn, and quite literally they will do that..paying influencers to post about NK, paying for stupid advertisements...the cavalcade of asine social media posts. They've shown they can't turn the ship around. It was always "we are right around the corner of profitability" then FLL floods for ONE DAY and the whole quarter is a loss. Like can they just not get in front of these things and maybe plan? (novel concept, I know).

They've shown indifference and hostility towards the pilot group. They use words like "FAMILY" then furlough WHILE IN THE SAME DAY give themselves HUGE bonuses. I will not forget or forgive that.

I wouldn't budge an inch. Best of luck.

 

If, as you suggest, Chapter 7 is the inevitable outcome concessions would make sense. Not because they will change the outcome but because it will inspire someone to throw good money after bad ... at the pilot group. Gives people currency, benefits and pay that much longer while they await a class date elsewhere.

 

I don’t think Frontier can afford to save the day unless there’s a bankruptcy to clear much of the debt or a wild and crazy investor willing to put in more money.

 

Alaska is our new savior