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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Spirit (https://www.airlinepilotforums.com/spirit/)
-   -   TC is out at Spirit (https://www.airlinepilotforums.com/spirit/150015-tc-out-spirit.html)

Halon1211 04-07-2025 07:01 AM
Since Elon Musk is stepping down from DOGE soon maybe he can be the new CEO of Spirit.



putzin 04-07-2025 08:47 AM
Originally Posted by Halon1211 (Post 3901722)
Since Elon Musk is stepping down from DOGE soon maybe he can be the new CEO of Spirit.
Somebody who knows how to run a company sounds like a positive. He could only be there 130 days anyways.

You fill out your apps yet?

Noisecanceller 04-07-2025 10:52 AM
Originally Posted by loudclouds (Post 3901662)
I understand your disdain, but this guy was never hired to run an airline. He was hired to sell it. He would have successfully done this had the idiot shareholders not voted for B6 AGAINST his recommendation. Spirit was already losing money prior to him becoming CEO. They wanted to sell. TC did the only thing he knew how to do when the merger fell through, bankruptcy. Executives have specializations and his was never to be innovative. He was hired to do exactly what he did.

The JetBlue offer was the better offer and had the same chance of approval as the frontier deal no matter what Ted said to the shareholders. It was Teds ludicrous testimony at the trial that scuttled the entire thing. He lied under oath saying we had a viable strategy as a stand-alone company.

Halon1211 04-07-2025 11:48 AM
Originally Posted by Alexjones (Post 3901720)
Word is, the board dumped Ted for his over his pilot staffing, botching furloughs, and failing to predict or track attrition. Now by Q3/Q4 2025, Spirit’s looking at an extra $3 million a month to hire replacements. He shed too many critical pilots, leaving shortages from the training department to first officers
Haha…shedding critical pilots?

who are you?…Halon? lol

CatPilot1 04-07-2025 12:09 PM
Originally Posted by Noisecanceller (Post 3901825)
The JetBlue offer was the better offer and had the same chance of approval as the frontier deal no matter what Ted said to the shareholders. It was Teds ludicrous testimony at the trial that scuttled the entire thing. He lied under oath saying we had a viable strategy as a stand-alone company.
From what I understand restructuring via chapter 11 is legally considered a viable strategy. Chapter 7 isn’t. He isn’t required to disclose that the only viable strategy is chapter 11, only that a viable strategy is available. So no, he didn’t lie under oath.

checkgear 04-07-2025 03:11 PM
Originally Posted by Halon1211 (Post 3901842)
Haha…shedding critical pilots?

who are you?…Halon? lol
*insert spiderman pointing meme*

Noisecanceller 04-07-2025 06:58 PM
Originally Posted by CatPilot1 (Post 3901846)
From what I understand restructuring via chapter 11 is legally considered a viable strategy. Chapter 7 isn’t. He isn’t required to disclose that the only viable strategy is chapter 11, only that a viable strategy is available. So no, he didn’t lie under oath.
Who said it was viable? Bankruptcy and bravo is not a viable strategy

ImSoSuss 04-08-2025 04:33 AM
Originally Posted by Tranquility (Post 3901689)
Slight correction, we were profitable in 2019 (Ted's first year). But, he took a efficiently running airline coming off our best performance in 2018 (granted, not our most profitable, but still profitable) and ran it into the ground...
Time for CEO #4....
Yep, his grandiose expansion plans were foolish and reckless. He ran the company right into the ground. He missed the week his Economics 101 class went over "The Diseconomies of scale". You cannot rapidly expand a low cost company when your margins are so thin.

SlimBob 04-08-2025 06:46 AM
Originally Posted by ImSoSuss (Post 3902016)
Yep, his grandiose expansion plans were foolish and reckless. He ran the company right into the ground. He missed the week his Economics 101 class went over "The Diseconomies of scale". You cannot rapidly expand a low cost company when your margins are so thin.
And those above the pilots in management can't for a second think that we could help save money. They'd rather just start a "new initiative" for us to be our best selves or whatever. All these managers bonused on cost savings but yet we can't be a part of that same structure. I could save a lot of cost if I had an financial incentive to do it.

fw90 04-08-2025 07:16 AM
Originally Posted by SlimBob (Post 3902067)
And those above the pilots in management can't for a second think that we could help save money. They'd rather just start a "new initiative" for us to be our best selves or whatever. All these managers bonused on cost savings but yet we can't be a part of that same structure. I could save a lot of cost if I had an financial incentive to do it.
no it’s not our job to save money. Our job is to operate the aircraft safely within the standards set by the FAA, aircraft manufacture and company procedures. If they truly cared about saving money we wouldn't constantly be sitting waiting for a gate, or rampers, or jet bridge drivers, or sucky air at the gate so we use the app or no brake fans or you name it. We have such little control over costs. Flying cost index and Single engine taxi is really all we can do and have direct control over. I try to be proactive and it makes such little difference most of the time.


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