Spirit of NKS
This does absolutely nothing to change my contract expectations, and it shouldn't do anything to change yours.
Gets Weekends Off
Joined APC: Aug 2011
Posts: 279
The decrease in RASM was expected. We're dumping a large number of seats onto the market and it takes time for new routes to mature. We're still making a sh!tload of $$$.
This does absolutely nothing to change my contract expectations, and it shouldn't do anything to change yours.
This does absolutely nothing to change my contract expectations, and it shouldn't do anything to change yours.
Who cares a flip 'bout the stock, all that does is effect how much baldanza and the fat cats make. It does nothing to determine how much we should be paid. This will just mean we will be flying bigger planes with more people in them. We should be paid like it.
Gets Weekends Off
Joined APC: Aug 2011
Posts: 279
Well, I care...cause I own it.
Gets Weekends Off
Joined APC: Dec 2009
Position: Airplane
Posts: 2,385
Gets Weekends Off
Joined APC: Feb 2014
Posts: 166
Only about half the RASM decline was from growth, the rest was related to pricing. DFW was hit especially hard due to SW expansion and cheap fares.
Stock doesn't drop 10% for no reason.
Stock doesn't drop 10% for no reason.
Banned
Joined APC: Jan 2008
Position: A-320
Posts: 784
All stock is down today. I think We'll survive...
Gets Weekends Off
Joined APC: Aug 2011
Posts: 279
Yes, I was going to mention SWA... They compete with us now on every route we fly out of DFW, they fly out of Love... I'm not sure how long AA and SWA can keep their pricing down to compete with ours??
Gets Weekends Off
Joined APC: Feb 2014
Posts: 166
Really the only thing that scared me on the call was how significant of an effect SW had on DFW when they are planning large expansion out of FLL next.
Gets Weekends Off
Joined APC: Apr 2015
Position: A320 Left
Posts: 134
If a Spirit pilot values his/her investment in Spirit stock, he/she must realize that the moves BBB takes to keep the stock overvalued are in direct conflict with our expectations of making higher wages as a Spirit pilot.
There was a time in the world when business managed themselves for profitable operations. If their management was basically intelligent and honest, they managed themselves for profits in the long term.
That time is past. Wealth is created now with increases in stock valuation, not in running a profitable operation. BBB will do what he has to keep the stock value up. Our best hope of a pay raise will be when the participants on these investor calls get scared of labor unrest.
When's the next picket event at Mirimar? at Wall Street? Delta sent their pilots to Wall Street to picket ten years ago, we should do the same.
There was a time in the world when business managed themselves for profitable operations. If their management was basically intelligent and honest, they managed themselves for profits in the long term.
That time is past. Wealth is created now with increases in stock valuation, not in running a profitable operation. BBB will do what he has to keep the stock value up. Our best hope of a pay raise will be when the participants on these investor calls get scared of labor unrest.
When's the next picket event at Mirimar? at Wall Street? Delta sent their pilots to Wall Street to picket ten years ago, we should do the same.
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