apnews.com
| Executive Name | Year | Bonus Type | Amount |
|---|---|---|---|
| Bendoraitis, John | 2023 | Performance Bonus (discretionary) | $940,500 |
| Bendoraitis, John | 2023 | Performance Non-Equity Incentive | $579,616 |
| Bendoraitis, John | 2024 | Performance Bonus | $1,163,225 |
| Bendoraitis, John | 2024 | Performance Non-Equity Incentive | $639,858 |
| Bendoraitis, John | 2025 | Bankruptcy Retention Bonus | $1,000,000 |
| Bendoraitis, John Total | $4,323,199 | ||
| Canfield, Thomas C. | 2024 | Performance Bonus | $939,063 |
| Canfield, Thomas C. | 2024 | Performance Non-Equity Incentive | $506,870 |
| Canfield, Thomas C. Total | $1,445,933 | ||
| Christie III, Edward M. | 2023 | Performance Bonus (discretionary) | $1,771,875 |
| Christie III, Edward M. | 2023 | Performance Non-Equity Incentive | $1,134,573 |
| Christie III, Edward M. | 2024 | Performance Bonus | $4,390,759 |
| Christie III, Edward M. | 2024 | Performance Non-Equity Incentive | $1,440,570 |
| Christie III, Edward M. Total | $8,737,777 | ||
| Cromer, Frederick S. | 2024 | Performance Bonus | $375,492 |
| Cromer, Frederick S. | 2024 | Performance Non-Equity Incentive | $277,508 |
| Cromer, Frederick S. | 2025 | Bankruptcy Retention Bonus | $1,200,000 |
| Cromer, Frederick S. Total | $1,853,000 | ||
| Davis, Dave | 2025 | Bankruptcy Retention Bonus | $2,900,000 |
| Davis, Dave Total | $2,900,000 | ||
| Haralson, Scott M. | 2023 | Performance Bonus (discretionary) | $1,410,000 |
| Haralson, Scott M. | 2023 | Performance Non-Equity Incentive | $600,837 |
| Haralson, Scott M. | 2024 | Performance Bonus | $270,000 |
| Haralson, Scott M. | 2024 | Performance Non-Equity Incentive | $171,350 |
| Haralson, Scott M. Total | $2,452,187 | ||
| Klein, Matthew H. | 2023 | Performance Bonus (discretionary) | $855,000 |
| Klein, Matthew H. | 2023 | Performance Non-Equity Incentive | $574,571 |
| Klein, Matthew H. | 2024 | Performance Bonus | $534,937 |
| Klein, Matthew H. | 2024 | Performance Non-Equity Incentive | $527,036 |
| Klein, Matthew H. Total | $2,491,544 | ||
| McMenamy, Brian J. | 2024 | Performance Bonus | $105,750 |
| McMenamy, Brian J. Total | $105,750 | ||
| Wiggins, Rocky | 2025 | Bankruptcy Retention Bonus | $1,000,000 |
| Wiggins, Rocky Total | $1,000,000 | ||
| Grand Total | $25,309,390 |
I am with you "in spirit" on the full pay to the last day; however, it may be a necessity to explore concessions as a means to protect your retreat from the airline. I think it is much easier to get a job when you have a job. Just my thoughts today.
It potentially harms your pay prospects at the next airline, as you now have to compete against that concessionary rate.
When I was at XJT we were in the middle of contract negotiations and voted down a proposal. At the same time PSA had taken concessions to get more flying, in the middle of a profitable period for the industry. It nuked our leverage.
They’re losing 200+ a quarter. 100 in concessions keeps the lights on a month or two, tops. They haven't turned a profit since 2019.
Did they get any debtor-in-possession financing lined up yet?
I’m not there anymore and have no additional inside baseball to offer, but as someone who was one of the designated “responsible adults,” I’m actually far more inclined to agree with this sentiment:
…owing to the public, situation-specific facts which lay bare how much of a botch Spirit management have truly made of it, along with some real serious questions over whether the management group is actually going to turn it around.
I second this. Airline management is like a step below finance bros, to keep the gig and not be too "employee friendly", you need to be the kind of person that I refused to be. Fake as hell with much more self preservation than empathy and a willingness to sell what's best for the company as best for the employees even when it is a bold faced lie. CC would be a great airline manager tho, that is the personality it requires to be a good little minion.
Good from who's viewpoint?