Frontier Negotiations Discussion
11-27-2018, 05:32 PM
#3731
Gets Weekends Off
Joined APC: Apr 2016
Posts: 550
Take a look at Spirit's stock price today (SAVE). It's up 15% due to strong RASM/CASM spread forecasts, and the ability of ULCCs to prosper in this dynamic oil market through creative ancillary revenue schemes. They have outperformed almost EVERY stock YTD.
The race is on for Indigo to get this airline to an IPO, that is blatantly obvious. Economic conditions are at an all time high, and these guys are going to time this sale perfectly. Good for them.
Yet here we sit, arguing with each other over accepting a B scale contract. Why?
Does nobody see the leverage we possess?
The race is on for Indigo to get this airline to an IPO, that is blatantly obvious. Economic conditions are at an all time high, and these guys are going to time this sale perfectly. Good for them.
Yet here we sit, arguing with each other over accepting a B scale contract. Why?
Does nobody see the leverage we possess?
11-27-2018, 07:28 PM
#3732
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,490
I agree that an IPO seems likely in the near future, but it's not like they can't IPO with an unsettled contract. I'm sure they would prefer the contract be settled, but at this point any airline investor knows roughly where we are going to fall and probably don't care.
I believe we had way more leverage from not filling newhire classes. Unfortunately, that leverage is gone now. We have tons of new applicants.
I believe we had way more leverage from not filling newhire classes. Unfortunately, that leverage is gone now. We have tons of new applicants.
11-27-2018, 10:45 PM
#3733
Gets Weekends Off
Joined APC: Nov 2016
Posts: 541
I’m just trying to wrap my head around the bizarre justifications. B6 pilots deserve more because they started with more? Shouldn’t the pilot group that has been subsidizing corporate profits with cheap labor be the ones who deserve more? If one group starts as second class citizens and another starts as indentured servants, it doesn’t mean the servants should demand anything less than equality.
For the record I want to read our AIP before I say yay or nay.
11-27-2018, 10:51 PM
#3734
Gets Weekends Off
Joined APC: Apr 2016
Posts: 306
No, I’m not justifying anything. I’m not saying we deserve less. All I’m pointing out is the reality of the situation, as was the original poster on this topic. In any airline negotiations have you ever witnessed or know of any group that got a 60-70% raise DOS? Plus yearly step increases? It just doesn’t happen. That’s the problem starting two cycles behind.
For the record I want to read our AIP before I say yay or nay.
For the record I want to read our AIP before I say yay or nay.
11-27-2018, 11:37 PM
#3735
Gets Weekends Off
Joined APC: Apr 2016
Posts: 306
Well said! The union has mentioned several times during the Pub events, RGS lunches, etc., that all of these top airlines have gone through multiple negotiations to get where they are from the times of the concessionary days. Our pilot group voted in favor of concessions and the time lines associated with them, long ago. We now have our chance to start righting the ship and as our friend above stated in a different way, Rome was built brick by brick, as will be our new world contract. Don't get me wrong, I'd love to come out of this thing making $260/hr. However, if we come out retaining most of the items in our contract that make it bearable to work at this godforsaken airline, I'll be happy making $240 because $166 is highway robbery for what we do.
11-28-2018, 04:50 AM
#3736
Banned
Joined APC: Aug 2018
Posts: 330
Ha, I found this from back in February. It is either a great example of why you never negotiate on a public forum, or insight to who Moterboat really is... Very interesting none the less. Remember, anyone can post on here. Be careful, because the people spewing positive things attempting to sway your decisions may not be who you think they are.
11-28-2018, 05:37 AM
#3737
Line Holder
Joined APC: Apr 2018
Posts: 63
The amount they stand to lose with an unsettled contract is significant to say the least. My ex is a private equity attorney and they would always have to come to the table with unions prior to an IPO. By the way, attorneys and PE funds passionately hate unions and in general won’t buy a company with a union for private investment. Obviously, airlines are different, but we do have a lot of leverage here.
I agree that an IPO seems likely in the near future, but it's not like they can't IPO with an unsettled contract. I'm sure they would prefer the contract be settled, but at this point any airline investor knows roughly where we are going to fall and probably don't care.
I believe we had way more leverage from not filling newhire classes. Unfortunately, that leverage is gone now. We have tons of new applicants.
I believe we had way more leverage from not filling newhire classes. Unfortunately, that leverage is gone now. We have tons of new applicants.
11-28-2018, 06:11 AM
#3738
Gets Weekends Off
Joined APC: May 2018
Posts: 146
I agree that an IPO seems likely in the near future, but it's not like they can't IPO with an unsettled contract. I'm sure they would prefer the contract be settled, but at this point any airline investor knows roughly where we are going to fall and probably don't care.
I believe we had way more leverage from not filling newhire classes. Unfortunately, that leverage is gone now. We have tons of new applicants.
I believe we had way more leverage from not filling newhire classes. Unfortunately, that leverage is gone now. We have tons of new applicants.
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