TA Reached
#611
Whether one votes Yes or No, I sure hope everyone does everything they can to learn as much they can about this TA. Read the TA language, attend a roadshow, watch the video, ask questions of your reps, peruse the Spirit Investors page, ask questions of the crewmembers you fly with, please don't rely on just APC to form an opinion.
Just watched the road show online and it gives a lot of clarity to the “why” behind the “what” in this deal
#613
Gets Weekends Off
Joined APC: Sep 2014
Posts: 511
#614
Banned
Joined APC: Jul 2021
Posts: 551
Profit sharing aside, we aren’t a bonus/commission team that only gets a taste when times are good. We are an expense, the cost of doing business, and a critical role to n the operation. Markets drive those costs and business adapts, no different than when oil goes over $100 a barrel. That’s when the bean counters and brain trusts in the c-suite figure out the finances and earn those massive salaries.
I paid attention to the roadshow, and disagree. The market has spoken, and im here to safely fly planes, not discount myself to help their quarterly reports.
#615
Gets Weekends Off
Joined APC: Feb 2015
Posts: 256
I did as well and am a yes! My take is we have a lot of "younguns" around here that want their cake no matter what the cost. Makes me think of trying to explain economics to my kids. I'm sure all the hear is blah, blah, blah.......then they end with "so can we get it"??!!
#616
Gets Weekends Off
Joined APC: Mar 2017
Position: Student of the game
Posts: 1,026
I did as well and am a yes! My take is we have a lot of "younguns" around here that want their cake no matter what the cost. Makes me think of trying to explain economics to my kids. I'm sure all the hear is blah, blah, blah.......then they end with "so can we get it"??!!
Still confused on why you're a "yes" and then complaining about the "younguns." That statement makes literally 0 sense.
#617
Line Holder
Joined APC: Dec 2022
Posts: 38
The question you must ask yourself is if Spirit had profitable quarters for the last 5 years, would their offer have been significantly higher than it is now.
Profit sharing aside, we aren’t a bonus/commission team that only gets a taste when times are good. We are an expense, the cost of doing business, and a critical role to n the operation. Markets drive those costs and business adapts, no different than when oil goes over $100 a barrel. That’s when the bean counters and brain trusts in the c-suite figure out the finances and earn those massive salaries.
I paid attention to the roadshow, and disagree. The market has spoken, and im here to safely fly planes, not discount myself to help their quarterly reports.
Profit sharing aside, we aren’t a bonus/commission team that only gets a taste when times are good. We are an expense, the cost of doing business, and a critical role to n the operation. Markets drive those costs and business adapts, no different than when oil goes over $100 a barrel. That’s when the bean counters and brain trusts in the c-suite figure out the finances and earn those massive salaries.
I paid attention to the roadshow, and disagree. The market has spoken, and im here to safely fly planes, not discount myself to help their quarterly reports.
#618
Line Holder
Joined APC: Feb 2018
Posts: 49
Absolutely a yes here. The explanations are clear and concise on the SPA ALPA website. To vote no opens up far too many 'what ifs' and they're not worth the risk. A yes vote sets us up nicely to bargain in the TPA/JCBA where the real gains will be made. No need to climb a mountain in a single leap when clear steps are provided for those who's eyes are open. This isn't a true Sec. 6 and shouldn't be treated, or viewed, as such.
#619
Gets Weekends Off
Joined APC: Feb 2015
Posts: 256
The "younguns" meaning probationary pilots can't vote. Those who've been on property more than a year don't have that mindset because they haven't gotten crazy salary increases like the "younguns" received at the regionals.
Still confused on why you're a "yes" and then complaining about the "younguns." That statement makes literally 0 sense.
Still confused on why you're a "yes" and then complaining about the "younguns." That statement makes literally 0 sense.
#620
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
I am a yes.
Main reason; if this merger falls apart I would rather be sitting at these TA rates when we have to open section 6 with a non profitable company than our current 2018 contract. Also, if this merger fails and Frontier comes back, (Franke) I would much rather be at these TA rates than the 2018 rates while we slog it out with F9 for a JCBA against Franke.
This isnt about having "balls". This is based on my opinion that the insurance of locking down these TA rates is worth more than the possibility, not probability, that they come back to the table. And even IF they do, there is no guarantee that the time lost will be made up for with any, if any, increase in another TA.
Main reason; if this merger falls apart I would rather be sitting at these TA rates when we have to open section 6 with a non profitable company than our current 2018 contract. Also, if this merger fails and Frontier comes back, (Franke) I would much rather be at these TA rates than the 2018 rates while we slog it out with F9 for a JCBA against Franke.
This isnt about having "balls". This is based on my opinion that the insurance of locking down these TA rates is worth more than the possibility, not probability, that they come back to the table. And even IF they do, there is no guarantee that the time lost will be made up for with any, if any, increase in another TA.
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