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Originally Posted by DirkDiggler9999
(Post 3990015)
I would imagine that all carriers would help out.
Where it gets tricky is if/when/how long it takes to lose access to the CASS system as that is what allows you to continue to have "cockpit access." If it comes to this and CASS is disabled on the airline end, then Jumpseat can still be offered, but only in a seat in the back. So, if it comes to that end, getting home early would be well advised. |
Originally Posted by GoCats67
(Post 3990121)
Definitely!
Where it gets tricky is if/when/how long it takes to lose access to the CASS system as that is what allows you to continue to have "cockpit access." If it comes to this and CASS is disabled on the airline end, then Jumpseat can still be offered, but only in a seat in the back. So, if it comes to that end, getting home early would be well advised. |
Originally Posted by Stankhunt42
(Post 3990115)
Most of us would float buddy passes to get yall home. Or give up a jumpseat to get you back by midnight. If that happens we gotta stick together.
Thank you ! filler |
Originally Posted by Acehole
(Post 3989955)
Who did you report that to exactly? Im guessing you didn't notice....
Sterileman is the guy who sits in your jumpseat and calls pro standards afterwords |
Originally Posted by FriendlyPilot
(Post 3988790)
What specifically is wrong about what I said? That Spirit had to take DIP financing to keep operating? The DIP is literally the only thing that kept Spirit from shutting down already.
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Sadly, operational performance over the last two weeks has been unimpressive.
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Originally Posted by DirkDiggler9999
(Post 3990554)
Sadly, operational performance over the last two weeks has been unimpressive.
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Originally Posted by sailingfun
(Post 3990556)
Spirits performance the last 3 days has been near perfect so something has improved.
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Originally Posted by sailingfun
(Post 3990556)
Spirits performance the last 3 days has been near perfect so something has improved.
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Originally Posted by sailingfun
(Post 3990556)
Spirits performance the last 3 days has been near perfect so something has improved.
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Originally Posted by DirkDiggler9999
(Post 3990567)
In the current predicament, operational performance needs to be perfect all the time. Time is running out. NK needs to show creditors and any potential buyers that it can be a stellar performing company. That has not happened over the last two weeks when it needs to happen. Nobody has made a move to buy and performance has not been good overall. These are two things that the next DIP payment requires. Crossing fingers that NK will survive the next 30 days.
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Originally Posted by AllOva736
(Post 3990580)
it’s hard to perform in that fashion when you trim every dollar from the operation that you can and then you cut front line employees pay during the holiday season when most of them think they’re losing their jobs anyways.
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Originally Posted by DirkDiggler9999
(Post 3990567)
In the current predicament, operational performance needs to be perfect all the time. Time is running out. NK needs to show creditors and any potential buyers that it can be a stellar performing company. That has not happened over the last two weeks when it needs to happen. Nobody has made a move to buy and performance has not been good overall. These are two things that the next DIP payment requires. Crossing fingers that NK will survive the next 30 days.
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Originally Posted by Stankhunt42
(Post 3990595)
Unfortunately time ran out a long time ago… too many will just continue to cash out sick time before they leave anyway. This is the final nail in the coffin. All the reserves that toed the line in years past are all gone. Of the people left planning to “ride it out” many are close to retirement, use NK as some kind of part time gig, extremely low time, or are people who have cheated the system for years and want to keep doing it. Not the ideal workforce from a management perspective. ALPA still seems like they are in screw the company mode which won’t help. Every week more and more are gone. This problem is only getting worse as legacy hiring picks up again at a massive pace.
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Originally Posted by DirkDiggler9999
(Post 3990567)
In the current predicament, operational performance needs to be perfect all the time. Time is running out. NK needs to show creditors and any potential buyers that it can be a stellar performing company. That has not happened over the last two weeks when it needs to happen. Nobody has made a move to buy and performance has not been good overall. These are two things that the next DIP payment requires. Crossing fingers that NK will survive the next 30 days.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
Originally Posted by LNAVVNAVPATH
(Post 3990603)
No one is buying us.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
The fleet now is majority CEO and the NEOs left don’t have powdered metal issues.
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Originally Posted by LNAVVNAVPATH
(Post 3990603)
No one is buying us.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
Originally Posted by LNAVVNAVPATH
(Post 3990603)
No one is buying us.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
Originally Posted by Noisecanceller
(Post 3990619)
The fleet now is majority CEO and the NEOs left don’t have powdered metal issues.
52 A320 CEOs 15 A320 NEOs 23 A321 CEOs 21 A321 NEOs. Many of the 320s and a handful of the 321s still need to address the AD, it’s just a ways out. Bendo said it would last till 2031. |
Originally Posted by Stayontarget
(Post 3990648)
You must have missed the part about Volaris/Viva Aerobus merger announcement and forgotten about the previous merger attempts.
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Originally Posted by Stayontarget
(Post 3990648)
You must have missed the part about Volaris/Viva Aerobus merger announcement and forgotten about the previous merger attempts.
You must have missed the part that this isn’t Mexico |
Originally Posted by LNAVVNAVPATH
(Post 3990657)
This is what I should cling to? The hopes that Mexican ULCCs which have no Unions and pay their Captains $80,000 a year buy a 49% interest in us so we can have a Code Share via Cancun with Volaris? This is what’s going to save us now from the Billions of debt and the total lack of any profits going on 6 years in a row?
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Originally Posted by Stayontarget
(Post 3990705)
The big picture is that those that control billions and multiple airlines still have a goal and as recently as a year ago had Spirit as a part of that goal. Will it happen or succeed? I don’t know but hope is not lost yet.
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Originally Posted by LNAVVNAVPATH
(Post 3990721)
But now, it would be like when KMart bought Sears.
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Originally Posted by LNAVVNAVPATH
(Post 3990721)
You are talking about Indigo representing Frontier? This maybe would have worked back in 2022. But now, it would be like when KMart bought Sears.
The Monthly Fee Statement of Davis Polk & Wardwell shows that they had multiple offers to review at the end of December. The Viva and Volaris merger is just a hint that indigo and Franke are shaking things up. Lastly does a 10% cap on credit cards interest hurt legacies enough that basic economy can’t be subsidized to the same degree? Those effects are far off (if it happens at all) but the industry is constantly changing and Franke may still think having a bigger ULCC with low CASM puts you in a position to succeed in the long run. |
Originally Posted by LTJ9
(Post 3990728)
I don’t see the comparison to two struggling legacy retailers. If anything that would be more like the US Airways and AA merger. Spirit frontier could be compared to dollar tree buying family dollar, which didn’t work, but I think comparing airlines to retail (that were greatly affected by Amazon) is a lazy take.
The Monthly Fee Statement of Davis Polk & Wardwell shows that they had multiple offers to review at the end of December. The Viva and Volaris merger is just a hint that indigo and Franke are shaking things up. Lastly does a 10% cap on credit cards interest hurt legacies enough that basic economy can’t be subsidized to the same degree? Those effects are far off (if it happens at all) but the industry is constantly changing and Franke may still think having a bigger ULCC with low CASM puts you in a position to succeed in the long run. |
Originally Posted by LNAVVNAVPATH
(Post 3990721)
You are talking about Indigo representing Frontier? This maybe would have worked back in 2022. But now, it would be like when KMart bought Sears.
Frontier is currently showing a turn around from massive losses to a profit in Q4. It’s not a trend yet but it’s a start. New CEO, new VP of flight ops who happens to have experience in mergers, new CP incoming, investment in seats, major backend processes, 10% fleet growth and a large block hour increase in 2025. Then Indigo is trying to merge two Mexican carriers to be the dominant Mexican airline who would also happen to have a code share with possible the only American ULCC. I just have a hard time seeing all of these as coincidences any longer and see them as more of a plan that was supposed to happen twice before now. Will it happen and even if it does will it matter? I have no idea but I’m cautiously optimistic. |
Originally Posted by LTJ9
(Post 3990728)
I don’t see the comparison to two struggling legacy retailers. If anything that would be more like the US Airways and AA merger. Spirit frontier could be compared to dollar tree buying family dollar, which didn’t work, but I think comparing airlines to retail (that were greatly affected by Amazon) is a lazy take.
The Monthly Fee Statement of Davis Polk & Wardwell shows that they had multiple offers to review at the end of December. The Viva and Volaris merger is just a hint that indigo and Franke are shaking things up. Lastly does a 10% cap on credit cards interest hurt legacies enough that basic economy can’t be subsidized to the same degree? Those effects are far off (if it happens at all) but the industry is constantly changing and Franke may still think having a bigger ULCC with low CASM puts you in a position to succeed in the long run. |
Originally Posted by Stayontarget
(Post 3990755)
My question is does basic economy set the low end of the prices or do the ULCCs? If it’s BE than ya the ULCCs are probably in big trouble. According to the, very old now and prior to BE, study describing the jetblue effect the low end sets the prices. So If we aren’t fighting with each other do we get to ratchet up the prices over time? Do we get rid of overlap to compete more effectively? Certainly more possible.
Frontier is currently showing a turn around from massive losses to a profit in Q4. It’s not a trend yet but it’s a start. New CEO, new VP of flight ops who happens to have experience in mergers, new CP incoming, investment in seats, major backend processes, 10% fleet growth and a large block hour increase in 2025. Then Indigo is trying to merge two Mexican carriers to be the dominant Mexican airline who would also happen to have a code share with possible the only American ULCC. I just have a hard time seeing all of these as coincidences any longer and see them as more of a plan that was supposed to happen twice before now. Will it happen and even if it does will it matter? I have no idea but I’m cautiously optimistic. And let’s say there is a Merger, we don’t have the cash on hand right now to make payroll at the end of the month unless we get another round of DIP financing this week. Zero chance we can make it long enough to go through the regulatory approval to complete an entire merger. We will be out of liquidity by the time we have our first scheduled hearing with the DOJ. |
Sun Country and Allegiant now joining up.
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Originally Posted by LTJ9
(Post 3990728)
I don’t see the comparison to two struggling legacy retailers. If anything that would be more like the US Airways and AA merger. Spirit frontier could be compared to dollar tree buying family dollar, which didn’t work, but I think comparing airlines to retail (that were greatly affected by Amazon) is a lazy take.
The Monthly Fee Statement of Davis Polk & Wardwell shows that they had multiple offers to review at the end of December. The Viva and Volaris merger is just a hint that indigo and Franke are shaking things up. Lastly does a 10% cap on credit cards interest hurt legacies enough that basic economy can’t be subsidized to the same degree? Those effects are far off (if it happens at all) but the industry is constantly changing and Franke may still think having a bigger ULCC with low CASM puts you in a position to succeed in the long run. one things for sure news has to come soon |
[QUOTE=CincoDeMayo;3990770]Sun Country and Allegiant now joining up.[/
Only one dance partner left |
Again everyone here is getting lost in the weeds here. For starters, if Franke/Indigo is your knight in shining armor that should be a reality check for you. At the end of the day it’s already over stop debating over retail metaphors to relate it too. No one left to staff it leading to massive losses on top of more massive losses. Get those apps out…
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Originally Posted by Stankhunt42
(Post 3990859)
Again everyone here is getting lost in the weeds here. For starters, if Franke/Indigo is your knight in shining armor that should be a reality check for you. At the end of the day it’s already over stop debating over retail metaphors to relate it too. No one left to staff it leading to massive losses on top of more massive losses. Get those apps out…
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Originally Posted by Stankhunt42
(Post 3990859)
Again everyone here is getting lost in the weeds here. For starters, if Franke/Indigo is your knight in shining armor that should be a reality check for you. At the end of the day it’s already over stop debating over retail metaphors to relate it too. No one left to staff it leading to massive losses on top of more massive losses. Get those apps out…
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Originally Posted by LTJ9
(Post 3990728)
Franke may still think having a bigger ULCC with low CASM puts you in a position to succeed in the long run.
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Originally Posted by StoneQOLdCrazy
(Post 3990876)
He may think that. Doesn't mean he's right.
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Originally Posted by skigambia
(Post 3990865)
I love it when people feel the need to instruct other people on what they should do, especially when it comes to major personal, life decisions.
I will always advise people to do things like not smoke crack….or leave a company that is about to bankrupt for one that isn’t. I will concede you are correct, unemployment is a personal decision and I was out of line. |
Originally Posted by Stankhunt42
(Post 3990859)
Again everyone here is getting lost in the weeds here. For starters, if Franke/Indigo is your knight in shining armor that should be a reality check for you. At the end of the day it’s already over stop debating over retail metaphors to relate it too. No one left to staff it leading to massive losses on top of more massive losses. Get those apps out…
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