Spirit Furloughing

[jhugz]

Now seeking $100 million in cuts from pilots or they're going to ask the court to reject the CBA.

If I was the MEC chair:

“You just gave yourself 5 million dollars worth of executive bonuses. Full pay to the last day. GFY.”

Which is why I’ll never hold a position like that.

 

[jhugz]

This is actually a brilliant move (still very scummy) from management to lower the JCBA when they merge with Frontier.

 

[Boots2Wings]

This is actually a brilliant move (still very scummy) from management to lower the JCBA when they merge with Frontier.

I hadn’t even considered that….brilliant, and scummy. Hope its incorrect, but thanks for priming my brain.

 

[///AMG]

I mean, I think every BOD and C suite has been doing the same thing. These guys just f***ed it away too. And by that, I mean that they did nothing at all like every other BOD and C suite, but the business model that they were cruising on autopilot on was flawed. People will look at them (these ones) as being worse, but they are all this bad. They should all be in prison on RICO charges.

 

[Autothrust Blue]

They should all be in prison on RICO charges.

I encourage you to email ricohotline@serioustrouble.show and ask if Spirit did the RICO.

 

[CoffeeIcePapers]

Now seeking $100 million in cuts from pilots or they're going to ask the court to reject the CBA.

Start with clawing back the multiple bonuses paid out to management over the last two years.

 

[woodreau]

This is actually a brilliant move (still very scummy) from management to lower the JCBA when they merge with Frontier.

Yeah I see this as a way for spirit to impose frontiers or Allegiant’s contract on the Spirit pilot group.

At least that was my first thought when I saw the email.

 

[CFIT99]

Start with clawing back the multiple bonuses paid out to management over the last two years.

that's not how unchecked capitalism works...c'mon bro, we got to make sure they land on their feet! Socialism for the rich, rugged individualism for everyone else.

 

[MikeD]

that's not how unchecked capitalism works...c'mon bro, we got to make sure they land on their feet! Socialism for the rich, rugged individualism for everyone else.

These guys put a lot of time, effort, thought, and experience into helping the business fail. They worked hard for their compensation!

 

[DropTank]

"Put the iPad down!"

(oof)

 

[HJB]

Spirit seeks to cut nearly half of its 214 planes from pre-bankruptcy fleet

Spirit Airlines, as part of its campaign to shrink to profitability, has asked a U.S. Bankruptcy Court for permission to terminate the leases of 87 Airbus jetliners.

www.sun-sentinel.com

 

[DropTank]

You do NOT downsize to profitability.

Just buying time for the C suite to drain as much as possible before the inevitable

 

[Cherokee_Cruiser]

If I was the MEC chair:

“You just gave yourself 5 million dollars worth of executive bonuses. Full pay to the last day. GFY.”

Which is why I’ll never hold a position like that.

Unfortunately, I believe this is a case of you can vote for what you want cut, or the judge chooses for you.

 

[jhugz]

Unfortunately, I believe this is a case of you can vote for what you want cut, or the judge chooses for you.

If that happens, it happens. For me, full pay to the last day.

 

[woodreau]

Another 365 furloughs and 170 downgrades

 

[jhugz]

Another 365 furloughs and 170 downgrades

Jesus. Sorry guys.

 

[Autothrust Blue]

Jesus. Sorry guys.

Not for nothing, but it must be pointed out that anyone who survives 320 initial at Spirit will enjoy the nap that is legacy training by comparison.