Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Spirit
$100,000,000 in Concessions >

$100,000,000 in Concessions

Search

Notices

$100,000,000 in Concessions

Thread Tools
 
Search this Thread
 
Old 11-07-2025 | 05:59 PM
  #841  
JulesWinfield's Avatar
Gets Weekends Off
 
Joined: Jan 2018
Posts: 2,799
Likes: 204
Default

Originally Posted by fcoolaiddrinker
It’s good to crunch the numbers but supposedly it’s 100 million. The only thing that really matters is snap back and any ability to make whole. If that language exists it really doesn’t matter what happens in the end as far as management at any other carrier being able to use this concession as a measuring stick in furniture negotiations. Even if that language doesn’t exist it’s hard for management to point to a bankrupt contract in any potential mediation. Making what master of puppets said pretty much irrelevant,
I just used 100k salary because the numbers are easier. Just showing that the 5% 401k cut is on top of the 15% pay reduction.
Reply
Old 11-07-2025 | 06:00 PM
  #842  
Gets Weekends Off
 
Joined: Dec 2012
Posts: 2,716
Likes: 39
Default

Originally Posted by JulesWinfield
I just used 100k salary because the numbers are easier. Just showing that the 5% 401k cut is on top of the 15% pay reduction.

understood.
Reply
Old 11-07-2025 | 06:03 PM
  #843  
A320's Avatar
Line Holder
 
Joined: Dec 2010
Posts: 650
Likes: 5
From: 787 Capt.
Default

Originally Posted by LongHornFlyer
Correct

filler…


Let the judge impose the cuts. do not agree to anything. they want concessions for period of time which is probably at least 4 years or so. If the judge imposes it that becomes amendable the day Spirit exits Ch11.
Reply
Old 11-07-2025 | 06:09 PM
  #844  
Line Holder
 
Joined: Dec 2016
Posts: 751
Likes: 9
Default

Originally Posted by fcoolaiddrinker
…it’s hard for management to point to a bankrupt contract in any potential mediation. Making what master of puppets said pretty much irrelevant,
Funny, not funny. You should see the negotiating update from F9 this week saying exactly the opposite. They (company) claim they were DIRECTED by the NMB to draw comparisons to a couple startup airlines, a couple airlines with ages old contracts, and a bankrupt airline
Reply
Old 11-07-2025 | 06:19 PM
  #845  
MasterOfPuppets's Avatar
Gets Weekends Off
 
Joined: Feb 2012
Posts: 3,575
Likes: 176
From: 787
Default

Originally Posted by fcoolaiddrinker
It’s good to crunch the numbers but supposedly it’s 100 million. The only thing that really matters is snap back and any ability to make whole. If that language exists it really doesn’t matter what happens in the end as far as management at any other carrier being able to use this concession as a measuring stick in furniture negotiations. Even if that language doesn’t exist it’s hard for management to point to a bankrupt contract in any potential mediation. Making what master of puppets said pretty much irrelevant,
it’s not irrelevant because when things go down hill there is now a precedent. One airline had its pensions gutted in bankruptcy and then they all did. One airline gave up scope and they all did. So if you give up DC then we will all loose it.

the precedent isn’t just set on the way up. If Frontier and Jet Blue go bankrupt it will be the Spirit template they will follow as fellow ALPA carriers.
Reply
Old 11-07-2025 | 06:29 PM
  #846  
Gets Weekends Off
 
Joined: Dec 2012
Posts: 2,716
Likes: 39
Default

Originally Posted by MasterOfPuppets
it’s not irrelevant because when things go down hill there is now a precedent. One airline had its pensions gutted in bankruptcy and then they all did. One airline gave up scope and they all did. So if you give up DC then we will all loose it.

the precedent isn’t just set on the way up. If Frontier and Jet Blue go bankrupt it will be the Spirit template they will follow as fellow ALPA carriers.
Correct. There’s a bankruptcy precedent. One airline had a pension gutted in bankruptcy and others followed in bankruptcy. Cal never gave up a pension until they were outnumbered by new hires. That’s the part you left out. Just stay out and you won’t have to worry about it. Especially if there’s make whole language. We f9 ended up with UAL bankruptcy pay rates in bankruptcy so I’m well aware.
I'm not really looking to go tit for tat on pattern bargaining. Just looking at the fact that a contract in bankruptcy is viewed completely different than one that’s not. By everyone involved in negotiations. Management, union, nmb, ect…

Last edited by fcoolaiddrinker; 11-07-2025 at 06:42 PM.
Reply
Old 11-07-2025 | 06:41 PM
  #847  
On Reserve
 
Joined: Jun 2025
Posts: 102
Likes: 30
Default

Originally Posted by Freds Ex
Trimming pilot payroll by 19% isn’t going to solve anything. Just gives the creditors slightly more.
It’s only a 20% reduction that’s better than losing everything like the majority of the Furloughed Pilot group
Reply
Old 11-07-2025 | 06:50 PM
  #848  
MasterOfPuppets's Avatar
Gets Weekends Off
 
Joined: Feb 2012
Posts: 3,575
Likes: 176
From: 787
Default

Originally Posted by fcoolaiddrinker
Correct. There’s a bankruptcy precedent. One airline had a pension gutted in bankruptcy and others followed in bankruptcy. Cal never gave up a pension until they were outnumbered by new hires. That’s the part you left out. Just stay out and you won’t have to worry about it. Especially if there’s make whole language. We f9 ended up with UAL bankruptcy pay rates in bankruptcy so I’m well aware.
I'm not really looking to go tit for tat on pattern bargaining. Just looking at the fact that a contract in bankruptcy is viewed completely different than one that’s not. By everyone involved in negotiations. Management, union, nmb, ect…
that’s why I ask if there is a snap up in there. At United we gave huge concessions for COVID in return we got a SNAP back AND a raise on top of that.

if in this concession there is language that states a snap back to today’s rates and a gurantee for more money at certain profit triggers post bankruptcy. Then Spirit pilots could’ve in a good spot here.
Reply
Old 11-07-2025 | 07:16 PM
  #849  
Gets Weekends Off
 
Joined: Dec 2012
Posts: 2,716
Likes: 39
Default

Originally Posted by MasterOfPuppets
that’s why I ask if there is a snap up in there. At United we gave huge concessions for COVID in return we got a SNAP back AND a raise on top of that.

if in this concession there is language that states a snap back to today’s rates and a gurantee for more money at certain profit triggers post bankruptcy. Then Spirit pilots could’ve in a good spot here.

Yes. Completely agree and hoping that’s what happened. I’m out as I’m starting to feel like I’m hijacking.
Reply
Old 11-07-2025 | 07:24 PM
  #850  
MasterOfPuppets's Avatar
Gets Weekends Off
 
Joined: Feb 2012
Posts: 3,575
Likes: 176
From: 787
Default

Originally Posted by fcoolaiddrinker
Yes. Completely agree and hoping that’s what happened. I’m out as I’m starting to feel like I’m hijacking.

kind of hard to hijack a thread they don’t want to participate in…..
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
bigtime209
Envoy Airlines
55
07-15-2019 07:00 PM
Flea Bite
Major
10
05-15-2015 01:19 PM
Freighter Captain
Major
14
10-01-2005 09:52 AM
RockBottom
Major
0
05-26-2005 03:25 PM
SWAjet
Major
3
03-11-2005 10:15 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices