Spirit of NKS, Part IV
#91
Gets Weekends Off
Joined APC: Jun 2008
Posts: 647
It's amazing how they preach they want efficient schedules and don't want to pay us for sitting around but then build pairings with one leg worth 2.5 hours two out of four days.
There's pairing in ORD for March that has 3 legs in 4 days and it's only worth 18 hours. Real efficient.
There's pairing in ORD for March that has 3 legs in 4 days and it's only worth 18 hours. Real efficient.
#92
Oh... and that was at a *regional* of all places, so yeah... it can be done.
I challenge anyone to show me how 4 days off between trips costs the company a single penny.
#93
Sorry to double post, but 2 separate topics.
Can anyone tell me what this means? Specifically "Guidance."
Spirit Airlines dips after guidance rattle investors - Spirit Airlines (NASDAQ:SAVE) | Seeking Alpha
The text in question:
Spirit Airlines Dips After Guidance Rattle Investors
Feb. 7, 2017 1:50 PM ET|About: Spirit Airlines (SAVE)|By: Clark Schultz, SA News Editor
Spirit Airlines (SAVE -2.9%) trades lower after topping Q4 estimates as investors focus on the company's guidance.
Can anyone tell me what this means? Specifically "Guidance."
Spirit Airlines dips after guidance rattle investors - Spirit Airlines (NASDAQ:SAVE) | Seeking Alpha
The text in question:
Spirit Airlines Dips After Guidance Rattle Investors
Feb. 7, 2017 1:50 PM ET|About: Spirit Airlines (SAVE)|By: Clark Schultz, SA News Editor
Spirit Airlines (SAVE -2.9%) trades lower after topping Q4 estimates as investors focus on the company's guidance.
#94
New Hire
Joined APC: Feb 2017
Posts: 9
Sorry to double post, but 2 separate topics.
Can anyone tell me what this means? Specifically "Guidance."
Spirit Airlines dips after guidance rattle investors - Spirit Airlines (NASDAQ:SAVE) | Seeking Alpha
The text in question:
Spirit Airlines Dips After Guidance Rattle Investors
Feb. 7, 2017 1:50 PM ET|About: Spirit Airlines (SAVE)|By: Clark Schultz, SA News Editor
Spirit Airlines (SAVE -2.9%) trades lower after topping Q4 estimates as investors focus on the company's guidance.
Can anyone tell me what this means? Specifically "Guidance."
Spirit Airlines dips after guidance rattle investors - Spirit Airlines (NASDAQ:SAVE) | Seeking Alpha
The text in question:
Spirit Airlines Dips After Guidance Rattle Investors
Feb. 7, 2017 1:50 PM ET|About: Spirit Airlines (SAVE)|By: Clark Schultz, SA News Editor
Spirit Airlines (SAVE -2.9%) trades lower after topping Q4 estimates as investors focus on the company's guidance.
Bob remarked that he doesn't look at anything from 2014 and before because Spirit was allowed to run a free for all in any market without price competition. Now we are seeing the competition so RASM is dropping YOY, but our CASM continues to drop as well, preserving those 20% margins.
It's always funny that the company continues to beat street estimates as it produces high margins, while continuing to lower costs, but analysts still want revenues to increase as well.
Too bad "High Fives" and "Shout outs" dont generate revenue for the company.
In the end, I dont care. They get paid to worry about that, I fly planes. Our CFO still has scorched earth smell on him from his destruction of Pinnacle Airlines, hoping he read a book or two to prevent it from happening again.."CFO for Dummies"
#96
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,933
o 12-year A330 Captain rates will be $290 on the date of signing, increase to $300 in 2017, and reach $337 in the last year of the PWA;
o 12-year B767 Captain rates will be $240 on the date of signing, increase to $250 in 2017, and reach $281 in the last year of the PWA;
o 12-year A321 Captain rates will be $235 on the date of signing, increase to $245 in 2017, and reach $275 in the last year of the PWA;
o 12-year B717 Captain rates will be $210 on the date of signing, increase to $220 in 2017, and reach $247 in the last year of the PWA.
Hawaiian Air Line Pilots Reach Preliminary Contract Agreement | Hawaii News and Island Information
#97
Gets Weekends Off
Joined APC: Jun 2015
Position: A320 Right
Posts: 378
I hope the union is paying attention.
"The First Officer percentage of Captain’s pay (the “FO slope”) will increase immediately.
All HA pilots will receive very substantial ratification bonus payments consistent with industry rates that would have been in place for the equipment each of us has flown since the amendable date of the contract.
Our trip rig has been significantly enhanced (3.5:1) to provide more pay and credit for inefficient pairings.
An average min day (Minimum Flight Grouping Credit) has been established that provides pay and credit for inefficient trips.
Recurrent training pay and credit has been increased.
Retiree health benefits have been monetized and secured by a VEBA trust like the one that exists for our LTD benefits. That means that our retiree health benefits will continue to be industry leading, and be protected against merger or Company economic downturns."
This line from Bob during the call gives me hope-"And over this period of time the ask of the pilots has gone up several times."
"The First Officer percentage of Captain’s pay (the “FO slope”) will increase immediately.
All HA pilots will receive very substantial ratification bonus payments consistent with industry rates that would have been in place for the equipment each of us has flown since the amendable date of the contract.
Our trip rig has been significantly enhanced (3.5:1) to provide more pay and credit for inefficient pairings.
An average min day (Minimum Flight Grouping Credit) has been established that provides pay and credit for inefficient trips.
Recurrent training pay and credit has been increased.
Retiree health benefits have been monetized and secured by a VEBA trust like the one that exists for our LTD benefits. That means that our retiree health benefits will continue to be industry leading, and be protected against merger or Company economic downturns."
This line from Bob during the call gives me hope-"And over this period of time the ask of the pilots has gone up several times."
#99
Edit: Just found it. This is directly off the ALPA site.....
"The pilots and the company began talks on a new contract in May 2015. The pilots’ goal was to conduct a streamlined negotiation with a limited number of issues in order to achieve an agreement by the contract amendable date of Sept. 14, 2016."
So they started negotiating a couple of months after we did and their contract was amendable a full year after ours. 🤢
#100
Gets Weekends Off
Joined APC: Oct 2010
Posts: 4,603
o 12-year A330 Captain rates will be $290 on the date of signing, increase to $300 in 2017, and reach $337 in the last year of the PWA;
o 12-year B767 Captain rates will be $240 on the date of signing, increase to $250 in 2017, and reach $281 in the last year of the PWA;
o 12-year A321 Captain rates will be $235 on the date of signing, increase to $245 in 2017, and reach $275 in the last year of the PWA;
o 12-year B717 Captain rates will be $210 on the date of signing, increase to $220 in 2017, and reach $247 in the last year of the PWA.
Hawaiian Air Line Pilots Reach Preliminary Contract Agreement | Hawaii News and Island Information
o 12-year B767 Captain rates will be $240 on the date of signing, increase to $250 in 2017, and reach $281 in the last year of the PWA;
o 12-year A321 Captain rates will be $235 on the date of signing, increase to $245 in 2017, and reach $275 in the last year of the PWA;
o 12-year B717 Captain rates will be $210 on the date of signing, increase to $220 in 2017, and reach $247 in the last year of the PWA.
Hawaiian Air Line Pilots Reach Preliminary Contract Agreement | Hawaii News and Island Information
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