PossibleDeviation

The sky isn't falling and we'll likely have a favorable judges decision in the next couple weeks. Regardless make a decision and act on it. Dragging your feet is only hurting you if you end up leaving.

RiddleEagle18

JB 2023 attrition data. If any NK guys get the 4th quarter numbers and don’t mind posting.

The vast majority of JB attrition is sub 2 years FO’s. We almost never have CAs leave outside of retirements.

thanks to CLR_STATUS on bluepilots who tracks all this. Here is the 2023 data.



497 hired
354 left(includes retirements)

46 retirements
5 retired early

% of SL loss
2020 - 1.7%
2021 - 3.0%
2022 - 6.9%
2023 - 7.1%

Loss to hire ratio
2020 - 79.5%
2021 - 34.2%
2022 - 41%
2023 - 71.1%


upcoming retirements.

2024 64
2025 67
2026 65
2027 110
2028 121
2029 151
2030 135
2031 155
2032 167
2033 200
2034 190
2035 214
2036 169
2037 187

RemoveB4flght

Q4:
128 hired
68 left to other airlines
30 left due training/other
net 26

2024:
912 hired
389 left to other airlines
131 left due training/other
net 392

Bluedriver

Do you also have the 2024 winning lottery ticket numbers, and the 2024 high points of the S&P 500 and NASDAQ?

putzin

Damn, the years go by so quick! 🤣🤣

RemoveB4flght

yes. Filler.

Marvin2222

https://www.bizjournals.com/southflorida/news/2024/01/04/spirit-airlines-25-aircraft-sale-leaseback-500m.html

does any one have a subscription to this page?

I assume they’re talking about the 319’s?

Excargodog

Probably not. The 319s are going away. These are sale leasebacks. It's not uncommon. You sell the planes and lease them back, freeing up cash at the cost of paying lease fees. Then you use the money received to buy more aircraft oe equipment. Scarcely unique to NK, most airlines have some leasebacks.
https://www.mototok.com/blog/top-10-...sing-companies

Fox51

Spirit sells over two dozen aircraft in a near $500M saleleaseback transaction
By Cortney Moore – Reporter, South Florida Business Journal Jan 4, 2024

Spirit Airlines, Inc. marked the start of the new year with a major transaction.
On Jan. 3, the Miramar-based company (NYSE: SAVE) sold and leased back 25 aircraft and
used the funds to repay about $465 million in debt related to those planes, according to a
filing with the U.S. Securities and Exchange Commission. Net cash proceeds amounted
to about $419 million.


The SEC filing was signed by Thomas Canfield, Senior Vice President and General
Counsel at Spirit Airlines.

Spirit’s sale-leaseback comes nearly six weeks after the airline revealed it suffered a
multimillion-dollar loss and revenue decline in the third quarter of 2023. The budget
airline reported a net loss of $157.6 million in Q3 and $100 million decrease in quarterly
revenue to $1.3 billion.

The South Florida-based airline is awaiting a merger trial ruling that’ll determine if the
ultra low-cost carrier can be purchased by JetBlue Airways Corp. (NASDAQ: JBLU).
JetBlue, a New York-based discount airline, proposed a $3.8 billion acquisition of Spirit
in 202. But the merger has been put on hold due to a civil antitrust lawsuit filed by the
U.S. Justice Department, the Attorneys General of the Commonwealth of Massachusetts,
the State of New York and the District of Columbia.

JetBlue is a low-cost airline based in Long Island City, New York.

The federal and state agencies sued to block the proposed merger in March 2023 with
claims that allege the acquisition would eliminate competition and raise costs for
consumers. The lawsuit went to trial from October to December.

U.S. District Judge William Young, who will determine the merger’s future, said the deal
might be able to go through if JetBlue divests additional assets, according to Reuters. A
final ruling has yet to be issued.

As of 12 p.m., Spirit’s stock traded at $15.79 — a 1.1% decrease from the previous day's
closing price.

Marvin2222

great bit of information. Thanks.