Spirit Now Sure As It Emerges From Bankruptcy
#381
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Joined: Mar 2020
Posts: 302
Likes: 8
#382
On Reserve
Joined: Jun 2025
Posts: 106
Likes: 33
this is borrowing wayyyy more fear and scare than necessary. We already knew they weren’t doing the retro fit on all the aircraft yet. But it you watch the town halll there’s a reason why. Go watch it and see, and not to do with selling more planes. Just sit back and take it as they come instead of making up stuff that no body knows
Surely you’ve been around long enough to be skeptical of town hall promises. If I recall correctly, last year after the first round of furloughs, Ted and the team assured us in a town hall that no more furloughs or displacements were planned at that stage. Look how that turned out.. a month or two after more furloughs
#383
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Joined: Feb 2019
Posts: 1,226
Likes: 29
From: baller, shot caller
I'm no industry expert, but I don't think the F9 merger is in the cards.
They are solidly a ULCC. No premium seating options, no wifi, wait 20 minutes for a "gate" which may or may not be airstairs.
NK has invested a lot on premium options and trying to improve the overall pax experience. Maybe it's pure luck but in FLL my gate is usually open, rampers are in place, and a gate agent is ready to connect the jetbridge. This place is unrecognizable from 4 years ago.
They are solidly a ULCC. No premium seating options, no wifi, wait 20 minutes for a "gate" which may or may not be airstairs.
NK has invested a lot on premium options and trying to improve the overall pax experience. Maybe it's pure luck but in FLL my gate is usually open, rampers are in place, and a gate agent is ready to connect the jetbridge. This place is unrecognizable from 4 years ago.
#384
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Joined: Jan 2023
Posts: 438
Likes: 80
Surely you’ve been around long enough to be skeptical of town hall promises. If I recall correctly, last year after the first round of furloughs, Ted and the team assured us in a town hall that no more furloughs or displacements were planned at that stage. Look how that turned out.. a month or two after more furloughs
oh what could have been…
#385
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Joined: Dec 2022
Posts: 1,363
Likes: 128
I'm no industry expert, but I don't think the F9 merger is in the cards.
They are solidly a ULCC. No premium seating options, no wifi, wait 20 minutes for a "gate" which may or may not be airstairs.
NK has invested a lot on premium options and trying to improve the overall pax experience. Maybe it's pure luck but in FLL my gate is usually open, rampers are in place, and a gate agent is ready to connect the jetbridge. This place is unrecognizable from 4 years ago.
They are solidly a ULCC. No premium seating options, no wifi, wait 20 minutes for a "gate" which may or may not be airstairs.
NK has invested a lot on premium options and trying to improve the overall pax experience. Maybe it's pure luck but in FLL my gate is usually open, rampers are in place, and a gate agent is ready to connect the jetbridge. This place is unrecognizable from 4 years ago.
It’s merger or death and the clock is ticking. Two clocks actually. One is the cash burn which can get some time added if they sell some airplanes and the other is the debt they kicked down the road a few years which is why we declared bankruptcy in the first place. We aren’t magically going to have $2 billion in a couple years and won’t be credit worthy to get it refinanced outside of bankruptcy.
The legacies have too much power now. You cannot be successful without scale. This is a pump and dump scheme right now. Lipstick on a pig.
#386
On Reserve
Joined: Jul 2018
Posts: 151
Likes: 21
This is happening because of the massive decrease in block hours with the same amount of gates at our disposal in FLL. Don’t kid yourself, if we were running full tilt you’d be waiting plenty and we’d be losing even more money. This place has no path forward to profitability without a merger. The bankruptcy did nothing to improve our financial position other than buying time and getting the shareholders out of the way.
It’s merger or death and the clock is ticking. Two clocks actually. One is the cash burn which can get some time added if they sell some airplanes and the other is the debt they kicked down the road a few years which is why we declared bankruptcy in the first place. We aren’t magically going to have $2 billion in a couple years and won’t be credit worthy to get it refinanced outside of bankruptcy.
The legacies have too much power now. You cannot be successful without scale. This is a pump and dump scheme right now. Lipstick on a pig.
It’s merger or death and the clock is ticking. Two clocks actually. One is the cash burn which can get some time added if they sell some airplanes and the other is the debt they kicked down the road a few years which is why we declared bankruptcy in the first place. We aren’t magically going to have $2 billion in a couple years and won’t be credit worthy to get it refinanced outside of bankruptcy.
The legacies have too much power now. You cannot be successful without scale. This is a pump and dump scheme right now. Lipstick on a pig.
it takes:
actual
Present
Competent
leadership.
we have none of those. I’m also fairly certain our new ceo hasn’t even flown on us. All of the same issue we had are being blatantly ignored.
we talk about less pilots per plane, it’s doable with allegiant and frontier because they have higher pilot utilization?. 3 leg turns back to base blocking 7:45. Two sets of pilots used in a day vs our stupid trip averaging. All the while we are doing the opposite dragging pilots out on the road to make them be more reschedulable…. On 20 hour 5 day trips with 23:59
layovers. But I guess that makes people leave when the main reason to be here (QOL) is taken away so it’s like a regional at slightly more (or less) pay.
we are at the intersection of merge or die. And die is coming up a lot quicker than merge.
#387
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Joined: Dec 2022
Posts: 1,363
Likes: 128
it takes:
actual
Present
Competent
leadership.
we have none of those. I’m also fairly certain our new ceo hasn’t even flown on us. All of the same issue we had are being blatantly ignored.
we talk about less pilots per plane, it’s doable with allegiant and frontier because they have higher pilot utilization?. 3 leg turns back to base blocking 7:45. Two sets of pilots used in a day vs our stupid trip averaging. All the while we are doing the opposite dragging pilots out on the road to make them be more reschedulable…. On 20 hour 5 day trips with 23:59
layovers. But I guess that makes people leave when the main reason to be here (QOL) is taken away so it’s like a regional at slightly more (or less) pay.
we are at the intersection of merge or die. And die is coming up a lot quicker than merge.
actual
Present
Competent
leadership.
we have none of those. I’m also fairly certain our new ceo hasn’t even flown on us. All of the same issue we had are being blatantly ignored.
we talk about less pilots per plane, it’s doable with allegiant and frontier because they have higher pilot utilization?. 3 leg turns back to base blocking 7:45. Two sets of pilots used in a day vs our stupid trip averaging. All the while we are doing the opposite dragging pilots out on the road to make them be more reschedulable…. On 20 hour 5 day trips with 23:59
layovers. But I guess that makes people leave when the main reason to be here (QOL) is taken away so it’s like a regional at slightly more (or less) pay.
we are at the intersection of merge or die. And die is coming up a lot quicker than merge.
#388
it takes:
actual
Present
Competent
leadership.
we have none of those. I’m also fairly certain our new ceo hasn’t even flown on us. All of the same issue we had are being blatantly ignored.
we talk about less pilots per plane, it’s doable with allegiant and frontier because they have higher pilot utilization?. 3 leg turns back to base blocking 7:45. Two sets of pilots used in a day vs our stupid trip averaging. All the while we are doing the opposite dragging pilots out on the road to make them be more reschedulable…. On 20 hour 5 day trips with 23:59
layovers. But I guess that makes people leave when the main reason to be here (QOL) is taken away so it’s like a regional at slightly more (or less) pay.
we are at the intersection of merge or die. And die is coming up a lot quicker than merge.
actual
Present
Competent
leadership.
we have none of those. I’m also fairly certain our new ceo hasn’t even flown on us. All of the same issue we had are being blatantly ignored.
we talk about less pilots per plane, it’s doable with allegiant and frontier because they have higher pilot utilization?. 3 leg turns back to base blocking 7:45. Two sets of pilots used in a day vs our stupid trip averaging. All the while we are doing the opposite dragging pilots out on the road to make them be more reschedulable…. On 20 hour 5 day trips with 23:59
layovers. But I guess that makes people leave when the main reason to be here (QOL) is taken away so it’s like a regional at slightly more (or less) pay.
we are at the intersection of merge or die. And die is coming up a lot quicker than merge.
#389
On Reserve
Joined: Jun 2025
Posts: 106
Likes: 33
This is happening because of the massive decrease in block hours with the same amount of gates at our disposal in FLL. Don’t kid yourself, if we were running full tilt you’d be waiting plenty and we’d be losing even more money. This place has no path forward to profitability without a merger. The bankruptcy did nothing to improve our financial position other than buying time and getting the shareholders out of the way.
It’s merger or death and the clock is ticking. Two clocks actually. One is the cash burn which can get some time added if they sell some airplanes and the other is the debt they kicked down the road a few years which is why we declared bankruptcy in the first place. We aren’t magically going to have $2 billion in a couple years and won’t be credit worthy to get it refinanced outside of bankruptcy.
The legacies have too much power now. You cannot be successful without scale. This is a pump and dump scheme right now. Lipstick on a pig.
It’s merger or death and the clock is ticking. Two clocks actually. One is the cash burn which can get some time added if they sell some airplanes and the other is the debt they kicked down the road a few years which is why we declared bankruptcy in the first place. We aren’t magically going to have $2 billion in a couple years and won’t be credit worthy to get it refinanced outside of bankruptcy.
The legacies have too much power now. You cannot be successful without scale. This is a pump and dump scheme right now. Lipstick on a pig.
totally agree, Spirit’s gotta show a profit in Q2 or some turnaround sign, or we’re in deep trouble. Q1 2025’s $143M loss, on top of 2024’s $1.2B, won’t vanish.
No hires in two years should have saved millions, but recalling or hiring will spike costs for pilots and support, dragging us deeper into the red. Maybe they sell more aircraft, tweak staffing ratios, or somehow recover. These two years taught me: seniority matters, but it’s more about how many are behind you than in front. I’d take 2500 behind me at a legacy in 12 months over 500 and stagnation behind me at NK for job security any day.
#390
On Reserve
Joined: Nov 2022
Posts: 134
Likes: 1
totally agree, Spirit’s gotta show a profit in Q2 or some turnaround sign, or we’re in deep trouble. Q1 2025’s $143M loss, on top of 2024’s $1.2B, won’t vanish.
No hires in two years should have saved millions, but recalling or hiring will spike costs for pilots and support, dragging us deeper into the red. Maybe they sell more aircraft, tweak staffing ratios, or somehow recover. These two years taught me: seniority matters, but it’s more about how many are behind you than in front. I’d take 2500 behind me at a legacy in 12 months over 500 and stagnation behind me at NK for job security any day.
No hires in two years should have saved millions, but recalling or hiring will spike costs for pilots and support, dragging us deeper into the red. Maybe they sell more aircraft, tweak staffing ratios, or somehow recover. These two years taught me: seniority matters, but it’s more about how many are behind you than in front. I’d take 2500 behind me at a legacy in 12 months over 500 and stagnation behind me at NK for job security any day.
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