Spirit mec, please release info on new ta!

[lostplnetairman]

And you have your app into Jetblue?

 

[kwick]

At the end of our contract jetBlue will be making lots more. Get your head out of your a$$.

Or they could be making half of
that, if their management decides.

 

[:-)]

Or they could be making half of
that, if their management decides.

Stop dreaming JB isnt going anywhere. If they go under due to economy so will we and our contract will also be used to wipe our asses

 

[Jetpipeovht]

So we should wait another 4 years to get JetBLue pay? Sounds awesome!

Nope, you're still short after 4 years.

Don't forget that you have been negotiating for almost 4 already. So 8 years to get not-quite JB pay is more realistic. Turn that sh*t TA down guys!

 

[Daytonaflyer]

I want to compare Spirit Air's new TA to the one Allegiant agreed to earlier this year because they look fairly similar, but I have a couple questions.

Is Spirit's new TA using that adjustable pay scale that Allegiant agreed to (ie. DOS+1, DOS+2, etc)? Is it based on profit margin? Could you guys be forced to take a pay cut even though the company is still making a profit like we could?
If so, how can you prove that the company is making the amount they claim since you are not a publicly held company?

It looks like Allegiant FO's pay scale is slightly higher through year 4, then Spirit's is higher for the remaining 11 years or so. Also Allegiant's CA pay scale is higher through year 5, then Spirit's is higher for the next 10 years.

Also Spirit's is based on a 72 hour guarantee, Allegiant's is based on a 70 hour guarantee, so that pretty much makes up for the pay difference the first few years.

Spirit's new pay scale is only for A319 aircraft. The A321's are paid at 110% of the TA pay rates. Any aircraft acquired over 180 seats will require a different pay scale. Allegiant's pay rates are for all narrow body aircraft, including 220 seat Boeing 757's.

Spirit Air's TA gives Captains a $3000 bonus, FO's a $7000 bonus and the option for profit sharing in the future if any other Spirit air employees receive profit sharing. Allegiant pilot agreed to a TA that took away their entire bonus effectively taking away about the same amount the Spirit guys are getting in bonuses this year.

Spirit's TA includes 401K matching of 8%, Allegiant's is now 4%. Is this correct?

Spirit Air gets up to $10,000 reimbursement for moving cost for pilots displaced from a base, or they can take a $5000 lump sum instead.
Allegiant pilots get only $500 for moving expenses in the event of displacement. Was this part of the TA or just in the contract?

I agree, Spirit's new TA isn't good, but it's definitely better than Allegiant's. Boo hoo, we're bottom of the barrel; We suck again!