Contract Negotiations room
#901
And we still have guys single engine taxiing and bailing out the company. SO pathetic. Where's the mass exodus?
#903
Gets Weekends Off
Joined APC: Sep 2014
Posts: 512
#905
Line Holder
Joined APC: Feb 2015
Posts: 33
Spirit reported first quarter 2017 cost per available seat mile ("ASM"), excluding special items and fuel (“Adjusted CASM ex-fuel”), of 5.62 cents5, an increase of 0.5 percent compared to the same period last year, driven primarily by higher depreciation and amortization and other operating expenses per ASM, largely offset by lower salaries, wages and benefits and lower aircraft rent per ASM.
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
#907
Gets Weekends Off
Joined APC: Sep 2014
Posts: 512
#908
Banned
Joined APC: Apr 2017
Posts: 409
FUPM
#909
line holder
Joined APC: Nov 2008
Position: CA
Posts: 69
FUPM
Spirit Pilots Respond to Company’s First Quarter Financials
Source: ALPA
28/04/2017
Today, Spirit pilots, as represented by the Air Line Pilots Association, Int’l (ALPA), responded to the Spirit Airlines’ (NASDAQ: SAVE) first quarter financials, which reported a net profit of $31.9 million and ended the first quarter of 2017 with $918.4 million in unrestricted cash, cash equivalents, and short-term investments. This marks the 27th consecutive quarter of profits for Spirit Airlines.
“Since we started current negotiations in February 2015, the company has made more than $642 million in net profits,” said Capt. Stuart Morrison, chairman of the Spirit unit of ALPA. “While pilots at comparable airlines have seen substantial improvements in compensation, our pilots continue to work under a seven-year old agreement that puts us well below the industry-standard.”
For more than two years, Spirit pilots have been in negotiations for a contract that provides industry-standard compensation. However, the company—while generating above industry average profit margins—is proposing a compensation package that would cement its pilots at the bottom of the industry and "offset" any increases in pay or benefits with work rule concessions.
“Our company is one of the fastest growing in the country—and, without a new contract, will not be able to attract the number of pilots needed to fuel this growth,” continued Capt. Morrison. “Spirit management continues to drag its heels and create labor uncertainty as we enter the busy summer travel season. Spirit pilots are demanding a contract that provides industry-standard compensation and a long-term future for this airline—and Spirit continues to show it can well afford it.”
Spirit Pilots Respond to Company’s First Quarter Financials
Source: ALPA
28/04/2017
Today, Spirit pilots, as represented by the Air Line Pilots Association, Int’l (ALPA), responded to the Spirit Airlines’ (NASDAQ: SAVE) first quarter financials, which reported a net profit of $31.9 million and ended the first quarter of 2017 with $918.4 million in unrestricted cash, cash equivalents, and short-term investments. This marks the 27th consecutive quarter of profits for Spirit Airlines.
“Since we started current negotiations in February 2015, the company has made more than $642 million in net profits,” said Capt. Stuart Morrison, chairman of the Spirit unit of ALPA. “While pilots at comparable airlines have seen substantial improvements in compensation, our pilots continue to work under a seven-year old agreement that puts us well below the industry-standard.”
For more than two years, Spirit pilots have been in negotiations for a contract that provides industry-standard compensation. However, the company—while generating above industry average profit margins—is proposing a compensation package that would cement its pilots at the bottom of the industry and "offset" any increases in pay or benefits with work rule concessions.
“Our company is one of the fastest growing in the country—and, without a new contract, will not be able to attract the number of pilots needed to fuel this growth,” continued Capt. Morrison. “Spirit management continues to drag its heels and create labor uncertainty as we enter the busy summer travel season. Spirit pilots are demanding a contract that provides industry-standard compensation and a long-term future for this airline—and Spirit continues to show it can well afford it.”
#910
Line Holder
Joined APC: Mar 2017
Posts: 32
Default
Calling all captains to step up and help support the first year pilots trying to hold the line at $38.50 per hour. If you are flying with a first year you know is only flying his or her line and not answering the calls from crew scheduling (they get the majority) then buy them coffee, beer, dinner...etc. 1st and even 2nd year guys are not thinking about that next toy when scheduling calls they are thinking about mortgage and credit card payments. If we want them to hold the line then we can help support them out on the road. Put your money where your mouth is!
Calling all captains to step up and help support the first year pilots trying to hold the line at $38.50 per hour. If you are flying with a first year you know is only flying his or her line and not answering the calls from crew scheduling (they get the majority) then buy them coffee, beer, dinner...etc. 1st and even 2nd year guys are not thinking about that next toy when scheduling calls they are thinking about mortgage and credit card payments. If we want them to hold the line then we can help support them out on the road. Put your money where your mouth is!
Thread
Thread Starter
Forum
Replies
Last Post