Spirit taking on debt… to pay off debt
11-15-2022, 09:23 AM
#2
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,203
Of course, if about $200 million of that went into pilot pay, for 3200 pilots, that would be about $62,000 each. That might get retention up to where the existing aircraft and future aircraft deliveries could be fully utilized. That might bring in a lot more revenue than just parking aircraft.
11-15-2022, 10:05 AM
#3
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
11-15-2022, 06:50 PM
#6
Gets Weekends Off
Joined APC: Feb 2019
Position: baller, shot caller
Posts: 1,025
Halon and I are flying to LGA together next week. After we have the customary fist fight to determine who sits in the left seat, we're gonna hash out a TA for the pilot group and should have something good for Bendo to approve shortly thereafter.
My only demand is that I won't take the fat chick at the bar on the layover
My only demand is that I won't take the fat chick at the bar on the layover
11-16-2022, 02:57 AM
#7
Line Holder
Joined APC: Jun 2022
Posts: 30
Ding ding ding. Winner. It’s clear this management team is unhappy with the merger with JB so this is par for the course.
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11-16-2022, 03:49 AM
#8
Line Holder
Joined APC: Dec 2021
Posts: 73
I've heard this is to finance the massive pilot raises coming on this new extension. This will make Spirit the highest 320 operator in the industry and fix attrition, further increasing utilization and increase revenues over the next 2yrs making it easy to pay off this debt and be profitable.... dont kill the messenger! hahaha
11-16-2022, 07:50 AM
#9
Gets Weekends Off
Joined APC: Oct 2017
Posts: 3,283
Halon and I are flying to LGA together next week. After we have the customary fist fight to determine who sits in the left seat, we're gonna hash out a TA for the pilot group and should have something good for Bendo to approve shortly thereafter.
My only demand is that I won't take the fat chick at the bar on the layover
My only demand is that I won't take the fat chick at the bar on the layover
i’ll take the fat chick I don’t mind… A little more cushion for the pushin’
11-17-2022, 03:21 PM
#10
Line Holder
Joined APC: Apr 2022
Posts: 37
I've heard this is to finance the massive pilot raises coming on this new extension. This will make Spirit the highest 320 operator in the industry and fix attrition, further increasing utilization and increase revenues over the next 2yrs making it easy to pay off this debt and be profitable.... dont kill the messenger! hahaha
Lmaoooooooo
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