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Spirit Now Sure As It Emerges From Bankruptcy


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Spirit Now Sure As It Emerges From Bankruptcy

Old 07-21-2025 | 02:21 PM
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Originally Posted by FriendlyPilot
I think a lot of pilots are taking the approach to just wait for an acquisition and slide onto a more stable airline's pilot seniority list. Its a legitimate strategy.

Eastern went BK and was a much larger airline than Spirit. They were the largest airline domestically in the US for total enplanements less than 6 years before they shut down and 3rd largest behind United and Delta. Obviously not that large when they closed their doors because they started shrinking, but a lot of pilots there said the same thing about going out of business. Same at PanAm.
Eastern had 100 airplanes when it closed in 1991. Half the size of Spirit.
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Old 07-21-2025 | 02:21 PM
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Originally Posted by Lincoln Osiris
Eastern had 100 airplanes when it closed in 1991. Half the size of Spirit.

Spirit will be there very soon
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Old 07-21-2025 | 02:26 PM
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Originally Posted by 3inthegreen
The NEOs combined with the crushing debt will block any mergers or acquisitions. No one want's to take those two problems on.
Did we forget Frontier tried to buy Spirit during bankruptcy... TWICE?
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Old 07-21-2025 | 02:26 PM
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Originally Posted by Lincoln Osiris
They had 162 from my sourcing. Spirit has 210 I believe? What is the point you are trying to make?
You can't compare # of planes. The entire industry was smaller back then. United was the largest airline in the world with 320 mainline planes total and had a 17% of market share. PanAm had around 8% market share when they went out of business which is almost double Spirit's market share today.
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Old 07-21-2025 | 02:27 PM
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Originally Posted by Clarence Thomas
Spirit will be there very soon
If so, I hope it makes you feel better about you leaving for AA. A decision you can't seem to get over at the moment.
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Old 07-21-2025 | 02:29 PM
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Originally Posted by Lincoln Osiris
Eastern had 100 airplanes when it closed in 1991. Half the size of Spirit.
Eastern had a much larger market share than Spirit does. Much larger. Using numbers of planes is a poor comparison. United has over 1,000 planes now and only 320 when it was the largest airline in the world in 1991.

You might as well just multiply 3 to Eastern and PanAm plane counts to make a fair comparison. Both Eastern and PanAm were much larger proportionate airlines.
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Old 07-21-2025 | 02:31 PM
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Originally Posted by GearedUp
I think we hit a sore spot. Guessing you are an ULCC pilot too. I fly my A321 for Delta for $365.88 an hour as a year 3 Captain. Your year 12 Captains do it for $270. I get a very large profit sharing check on V Day every year. Your pilots don't. I work for a company that values me. Your pilots don't. I chose to leave a sh!t stain airline that didn't value me, you and many other like you chose to stay. We fly the same airways and the same aircraft to the same cities. Your pilots just do it for about half the compensation I make every day. Life is full of choices. Enjoy yours and I'll enjoy mine.

Good grief man. Look at your post. At first I thought, this guys gotta be kidding. Now I’m starting to realize, you’re the guy at Delta that every one makes the joke about. The one that everyone knows is a Delta pilot. Because you tell everyone. Everyone knows exactly how much you make and how much your car costs. You must wake up every morning and just **** excellence. Don’t you?

Poor ole ULCC pilots (I guess this is a limitation on our ATP?) walking around wishing they were REAL pilots. Maybe you could teach us all how to be a better stick up there. And we’ll teach you a little bit about modesty and personal character. Deal?
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Old 07-21-2025 | 02:34 PM
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Originally Posted by FriendlyPilot
You can't compare # of planes. The entire industry was smaller back then. United was the largest airline in the world with 320 mainline planes total and had a 17% of market share. PanAm had around 8% market share when they went out of business which is almost double Spirit's market share today.
The market share argument is a valid one, however, I would say no have half the number of major/legacy airlines as we do today. The ripple would be much larger today then back then. I would recommend reading the DOJ's arguments from the merger trial. I think it would help put into perspective todays thinking vs what happened in the industry almost 40 years ago.
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Old 07-21-2025 | 02:35 PM
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Bump earnings report date?
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Old 07-21-2025 | 02:38 PM
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Spirit is obviously in serious financial trouble, and nobody is more aware of it than those who work there. If someone wants to stay and ride it out or get out as soon as they can, who cares? That’s their business. Some are too senior or old to want to start over, some aren’t competitive in today’s hiring market to go somewhere else, some are leaving, while others are simply rolling the dice. They know the potential risks involved here. Let them make their decisions based on what they think is best for themselves. Constantly rubbing their faces in it 24/7 is kind of a dick move.
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