Spirit of NKS
10-13-2014 | 12:15 PM
#8461
Gets Weekends Off
Joined: Aug 2011
Posts: 279
Likes: 0
Why only 20% for a 12yr CA? That's parity with Delta and United's A320 rates at their CURRENT values, which are expected to increase significantly in their upcoming cycles. I'm tired of dragging the anchor...
Please don't sell me short...you'll be looking at the higher longevity rates on our next cycle too.
Please don't sell me short...you'll be looking at the higher longevity rates on our next cycle too.
10-13-2014 | 12:21 PM
#8462
Gets Weekends Off
Joined: Feb 2014
Posts: 166
Likes: 0
I dont quite understand why everyone is trying to compare us to Delta. Delta is on pace to make almost 4 BILLION dollars this year. We might make 200 million. Say we have 1300 pilots on the list when the next TA is reached, if every pilot gets a 40k/per year raise that equals a 52 million dollar increase over our current contract. Over 25% of the yearly profit. I dont see any way the company would agree to a cost increase like that.
I hope it happens but I dont see anyway the company agrees to a contract like that in the next 4 years.
I hope it happens but I dont see anyway the company agrees to a contract like that in the next 4 years.
10-13-2014 | 01:32 PM
#8463
Banned
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
Holy stock price! $53.00 a share, down from $74.00 a few weeks ago. Tempted to buy but EBOLA............GOD D*AMN EBOLA
10-13-2014 | 02:05 PM
#8464
Gets Weekends Off
Joined: Feb 2013
Posts: 145
Likes: 0
From: A-320 Series
10-13-2014 | 02:52 PM
#8465
Line Holder
Joined: Sep 2014
Posts: 45
Likes: 0
From: A-320 Captain
Well, there are no other ultra low cost carriers although Frontier is soon to be one. But who cares, a Spirit pilot flies an Airbus into the same airports as any other airline and is held to the same standards as any other pilot and should be paid as any other pilot. Low cost airline does not mean low cost pilot...
10-13-2014 | 03:10 PM
#8466
Gets Weekends Off
Joined: Dec 2008
Posts: 550
Likes: 0
From: A320 CA
We might make 200 million. Say we have 1300 pilots on the list when the next TA is reached, if every pilot gets a 40k/per year raise that equals a 52 million dollar increase over our current contract. Over 25% of the yearly profit. I dont see any way the company would agree to a cost increase like that.
10-13-2014 | 03:19 PM
#8468
Banned
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
Which was done with just under 60 airframes. By the time the ink dries on the next CBA the operation may be upwards of 75-80 airframes, more than likely between 130-140 by time it becomes amendable. I've already financed the growth here once, not interested in doing so again.
10-13-2014 | 03:37 PM
#8469
Gets Weekends Off
Joined: Feb 2014
Posts: 166
Likes: 0
The yields are what concern me. The second quarter profit increase was do to higher fares. If we can't fill the planes we can't increase ticket prices. New cities and competing head to head with frontier is not going to help.
10-13-2014 | 06:42 PM
#8470
Banned
Joined: Feb 2008
Posts: 501
Likes: 0
From: A320 CA
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