StandBy1
GATOR NATION!!!
- Joined
- Feb 21, 2005
- Posts
- 34
Whoops I meant threads. Here's one:Does Spirit really hire guys right out of Riddle? I hope thats a joke.
http://forums.flightinfo.com/showthread.php?t=108419&highlight=erau+spirit
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Whoops I meant threads. Here's one:Does Spirit really hire guys right out of Riddle? I hope thats a joke.
the A320 probably the most advanced aircraft in the sky;
Luckly for us at Spirit it is a privately held company...so we can see the impending doom...and will hear about us closing while driving to work.
Ahhhhhh, the wisdom of having faith in Oaktree and Indigo.....
I'm just certain they hold the best interests of the company and it's employees dear to heart.....
...so W&B delays will result in a NOI from Jeff C...
Spirit fuel use reduction plan...
-Using GPU and air carts where available to minimize APU use for the flight crews...but maintenance can run the APU for 8-12 hours over night.
-Planning flights with not extra fuel.
-Changing the W&B program to the crews so W&B delays will result in a NOI from Jeff C.
...thats all I can come up with for now.
What's an NOI? Sounds like some kind of dicipline...
Ok, but what about the hedging? Do we know what % of NK's current and future fuel needs are hedged, and at what price?
Fuel Hedges
In April, 2005, Spirit implemented a fuel price hedging strategy to mitigate the risk of rising oil prices. Over the course of the second quarter, Spirit invested in fuel hedge positions that essentially cap the price that Spirit will pay for 100% of its remaining 2005 jet fuel consumption at levels well below today's market prices. The Company intends to maintain this strategy on a go-forward basis.