I believe Spirit is being setup 100% for a sale.. they know what they are doing.. I think the CEO has experience in this and the goal is setup Spirit for a buyout and walk away with millions$$ I think Frontier and Spirit Merger is right around the corner..

 

I'm a junior DFW FO. I move up 2 to 3 numbers per month due to upgrades.
We were upgrading about 14 per month systemwide this year. Oct we are upgrading 24 (3 from DFW). Don't know if that is an outlier or a trend. I understand there is virtually no movement for Captains in DFW. As soon as someone is about to advance a #, a moderately senior guy trades in from another base. We also have pilots leaving for greener pastures. I would imagine one per base per month. 1/4 of my class left with 1 year.

Regarding the no growth comment.. We average one new plane per month through 2021. 104 on property now. A couple deliveries have been brought forward from next year to later this year. 147 WERE on the books for the end of 2021. That number has increased to 160 without placing another order. We staff each plane with approx 8 Captains and 7 FOs. You can do the math on your upgrade potential. We are currently upgrading in the mid 900s seniority. The last guy I see on the recent vacancy award is #1735. There are well over 100 FOs in DFW and today you would have to be about sen #15 to upgrade.

 

In short, don't come here. Spirit has zero career progression right now. Horrible management relations, slowing growth and nothing better on the horizon. Spirit will never see a new conctract. Management has proven over and over that they have no interest in this company's future or their employees. The rich here are just trying to get richer and nobody else matters. Spirit will be sold with nobody's interest but the top few people in management.

 

52 week low for the stock WAS $37.17 on 9/16/16. It went to $60 by end of 2016 but is now $35 and change.. with $1 billion more new planes on property than this time last year, and hundreds more typed pilots.. Sounds like a no-brainer to me.

If I were a legacy CEO, I would say "AA, you take Spirit. UAL, you buy Frontier." ULCC = done. And they each get hundreds of new planes with typed pilots to replace their aging fleets.. But what do I know.

This places would be just fine though with a standard contract. Just sad that FOs are missing about $40 for every credit hour.. And Captains nearly twice that.

 

It's a lot more than $40/$80. Go reference the legacy profiles on this site

 

A 4th/5th year CA is about $115 short on pay alone, not including bonus, retirement, and any other compensation.

 

He is 100% correct. Don't kid yourself. This management group is a complete joke.

 

Maybe I'm reading into this too much but I have noticed there are no new routes announced after November. Maybe management is just adding frequency with the new planes that get delivered? Either way take it for what it's worth, but there isn't much of a career opportunity for a new hire.

 

Unless you get bought by UAL.

 

If that was the case the stock wouldn't be at a 52 week low and heading lower!! $34.94 !! Great job Bobby!!