Spirit of NKS
#6294
#6295
Gets Weekends Off
Joined APC: Mar 2011
Position: Underemployed!
Posts: 116
An interesting article, and much less "the sky is falling" than many would have us believe.
Spirit Airlines' Biggest Shareholder Is Selling (SAVE)
Spirit Airlines' Biggest Shareholder Is Selling (SAVE)
#6296
On Reserve
Joined APC: Jul 2013
Posts: 21
Does any one have the address for home office in Fl?
Theres no job fair near me that spirit is attending (that I can find) so was thinking of maybe trying to walk in my resume.
Theres no job fair near me that spirit is attending (that I can find) so was thinking of maybe trying to walk in my resume.
#6298
Frontier has to clean up their balance sheet, get out from under a huge debt load, and restructure their entire company towards a new paradigm. They have a long way to go before they are a serious competitor in the ULCC area, but that's what Indigo is there for, to back them with the $ and the 'tough love' through the turbulent years to follow.
Frontier is likely bloated in many areas - they're going from a customer service airline with TV's in the seats to an airline that may have managers take out their own trash and no receptionist (), and they have to do all of it competing head to head against the world's largest airline (United) and the US's largest domestic carrier (Southwest). Not to mention the great situation that Republic and Bedford probably left them in. If there were rainbows and butterflies in the future, Bedford wouldn't be selling them.
The biggest threat to Spirit is Indigo has all of our inside info on our plans. They know our current weaknesses, all of growth plans, and how we deal with competition - Indigo had a hand in crafting these strategies. Now Indigo can try to build a better version of the same company, learning from the mistakes that Spirit made.
I'm not overly concerned about Spirit's future, but the future for Frontier - as a company - just got brighter. The situation for individual employees at the company may be a bit more mixed - Indigo (and Oaktree) left a wake of jilted former employees over their time at Spirit, and took their pilots into a strike. Indigo is now a leaner, and meaner, machine, and they have shown they are not afraid of rolling up their sleeves and getting dirty in an effort to achieve their goals.
The future will be interesting. Good luck to us all.
#6299
Line Holder
Joined APC: Sep 2005
Position: A 320 CA, retired
Posts: 89
"Originally Posted by BoredwLife View Post
Sounds about right. Indigos original game plan was to only be vested in NK for about 7 years. It has been close to 13, I will not be surprised to see him take Frontier into direct competition with us."
Sorry, but Indigo invested in 2006. They got out in 7 years as planned.
Sounds about right. Indigos original game plan was to only be vested in NK for about 7 years. It has been close to 13, I will not be surprised to see him take Frontier into direct competition with us."
Sorry, but Indigo invested in 2006. They got out in 7 years as planned.
#6300
Line Holder
Joined APC: Aug 2008
Position: A320 Captain
Posts: 97
The Sky Is Falling, the sky is falling.
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