AIP reached
#352
The only people losing out on 25k in 6 months are first year fo's that would be moving to the new 2nd year pay scale and even that's a stretch. I don't think any other scale Is taking that big of an increase. I also don't see this dragging out as the company needs this deal more than we do. They said In the beginning they want a deal by March. For most captains to make up the difference in pay it's equal to picking up a two day or a few turns and for fo's it's even easier with 200% being handed out like candy.
The company recently took out a $600 million loan,
https://industry-update.com/spirit-a...w-debt/186114/
and this deal will absorb about 80% (considering finance charges) of that. MIGHT we get more of that $600 million if we turn this down? Maybe, but who knows? More than that? Not without a delay for management to come up with a new loan, because the money ain’t there until we start making a profit. And how long might that take? The only SURE things are this deal and a replay in 2 years or less in whatever the economic and pilot shortage situation exists at the time.
Last edited by Excargodog; 12-11-2022 at 08:13 AM.
#353
Gets Weekends Off
Joined APC: Apr 2013
Posts: 556
Hope we can kill the “we don’t deserve it” attitude before JCBA.
JB has been successful in moving into the pay scales(including slope) and retirement of United, Delta, AA over the last two cycles. I expect nothing less in the next two weeks when we agree on our own extension.
Good luck with your vote.
JB has been successful in moving into the pay scales(including slope) and retirement of United, Delta, AA over the last two cycles. I expect nothing less in the next two weeks when we agree on our own extension.
Good luck with your vote.
#355
Gets Weekends Off
Thread Starter
Joined APC: Oct 2017
Posts: 3,283
#356
Here’s a short video of the Alaska COO giving the pilot picket line the hairy eyeball:
https://youtu.be/irXxA9RQyCo
#357
Banned
Joined APC: Jul 2021
Posts: 551
Go look at Delta rates, check out their 330/777/350 widebody rates. Then subtract their narrow body rates, and multiply that difference by yearly credit rates.
See we will never get widebodies at Spirit (despite well over a decade of rumors). We probably won’t at JetBlue, and even those B6 pilots who firmly believe they will have to admit it wouldn’t happen until post merger and extremely capital intensive to get any fleet to an appreciable scale…. Ten years from now at best.
So that’s the price we pay here at Spirit for our infamous QOL, the opportunity cost of the widebody pay we will never see.
I’m fine with not making what a 350 captain makes. I’m fine with not having the sophisticated product other carriers tout. I’m fine with the comments people make when they learn what company I fly for. I’m fine with always being on ghetto end of every terminal. With all that in mind, there is an updated market cost for what it costs to crew a narrowbody N-registered jet, and no one here can sell me on the idea that any QOL should make me feel comfortable accepting less than that market rate.
#359
New Hire
Joined APC: Apr 2020
Posts: 3
Another consideration
Should be a "no" vote unless snap up provision to JBLU rates is included should they get new/higher rates before the acquisition. The pilot group with the higher rates will have more leverage for the seniority integration method used when the arbitrators collaborate to come up with a fair and equitable merged seniority list.
#360
Gets Weekends Off
Joined APC: Sep 2016
Posts: 933
And you can damn well bet B6 stood up in cold ass NY on the streets and demanded it for most of that journey to legacy rates. You get what you want when you demand it, not settle for what the company is willing to offer. Go to sleep.
Sent from my SM-G998U using Tapatalk
Last edited by Bgood; 12-11-2022 at 10:57 AM.
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