Spirit of NKS, Part II
#821
Banned
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
It might turn out ok Guys. Big Momma Continental had 777 F/Os making $30/hr with no health insurance for a year. Sure they went on Food stamps but looooooooooooook at em now
#822
Periods of horrible pay isn't unique to Spirit Airlines. Those airlines improved, we will too.
Deep Breath
#824
Gets Weekends Off
Joined: Dec 2005
Posts: 9,347
Likes: 329
Guys! You can't honestly be comparing our 2010 contract rates (when Continental and USAir among others had similar rates) to the Republic contract that came out last week in the midst of a pilot shortage. If our TA comes out with a pathetic first year rate, okay it's game on, but this is not apples to apples...
It might turn out ok Guys. Big Momma Continental had 777 F/Os making $30/hr with no health insurance for a year. Sure they went on Food stamps but looooooooooooook at em now
#825
Gets Weekends Off
Joined: Oct 2010
Posts: 4,603
Likes: 0
Continental actually had no health insurance for 6 months not a year. We still do 90days which is ridiculous.
And yes first year is actually lower than $38.50 because training pay is a complete slap in face to any professional. Which is why now that upgrade time has become an eternatity we are no longer attracting professionals. You simply just don't make much money in the right seat. The only hope was to upgrade fast and make legacy narrow body FO pay without the retirement. Moving forward we are going to attract some real gems and/or some good guys that will just rotate in and then out to a legacy. Very similar to early 2001 and you can see the peaches we got around that time frame. Obviously there are some exceptions.
And yes first year is actually lower than $38.50 because training pay is a complete slap in face to any professional. Which is why now that upgrade time has become an eternatity we are no longer attracting professionals. You simply just don't make much money in the right seat. The only hope was to upgrade fast and make legacy narrow body FO pay without the retirement. Moving forward we are going to attract some real gems and/or some good guys that will just rotate in and then out to a legacy. Very similar to early 2001 and you can see the peaches we got around that time frame. Obviously there are some exceptions.
#826
So you're sayin' I got a chance to become something here at spirit if I just stay on and let those guys who can get hired on to the legacies leave? I'm thinking the future is rosy for guys like me.
#827
Gets Weekends Off
Joined: Apr 2015
Posts: 134
Likes: 0
From: A320 Left
Looks like the JetBlue MEC is working to help feed hungry families on Thanksgiving. Meanwhile, the Spirit MEC can't get a contract that allows our FO's to feed their families. Something is wrong with this picture.
#828
Spirit: How to Invest with Warren Buffet
Spirit Airlines: "That was a tough one. Remember that last time when Ben Baldanza [CEO] was on, the stock was down 50 straight points. And yet here I am still telling you to be in Delta. And if not Delta, then SouthWest Air. They have better growth prospects."
Better growth prospects? Spirit is doubling in size over the next several years while gaining the attention of the big three. Seems like decent prospects to me? I'll never understand investing...
Spirit Airlines: "That was a tough one. Remember that last time when Ben Baldanza [CEO] was on, the stock was down 50 straight points. And yet here I am still telling you to be in Delta. And if not Delta, then SouthWest Air. They have better growth prospects."
Better growth prospects? Spirit is doubling in size over the next several years while gaining the attention of the big three. Seems like decent prospects to me? I'll never understand investing...
#829
Banned
Joined: Dec 2009
Posts: 3,655
Likes: 0
From: Narrow/Left Wide/Right
Spirit: How to Invest with Warren Buffet
Spirit Airlines: "That was a tough one. Remember that last time when Ben Baldanza [CEO] was on, the stock was down 50 straight points. And yet here I am still telling you to be in Delta. And if not Delta, then SouthWest Air. They have better growth prospects."
Better growth prospects? Spirit is doubling in size over the next several years while gaining the attention of the big three. Seems like decent prospects to me? I'll never understand investing...
Spirit Airlines: "That was a tough one. Remember that last time when Ben Baldanza [CEO] was on, the stock was down 50 straight points. And yet here I am still telling you to be in Delta. And if not Delta, then SouthWest Air. They have better growth prospects."
Better growth prospects? Spirit is doubling in size over the next several years while gaining the attention of the big three. Seems like decent prospects to me? I'll never understand investing...
#830
And, there is a very valid argument that Spirit, or the ULCC market in the USA, could more than double again from Spirit's 145 aircraft by 2021 fleet plan.... 300 a/c in the U.S. would put the ULCC market on par with our European brethren....
Last edited by Tranquility; 11-11-2015 at 06:11 PM.
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