Spirit to Furlough 260 Pilot and defer aircraft

https://www.cnbc.com/2024/04/08/spirit-airlines-will-defer-airbus-orders-furlough-260-pilots.html

AIRLINES

Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity​

PUBLISHED MON, APR 8 20246:37 AM EDTUPDATED MON, APR 8 20245:15 PM EDT

Leslie Josephs@LESLIEJOSEPHS

 

[bafanguy]

If other airlines keep hiring at current rates, it may be that attrition from Spirit will take care of that 260 pilots. Many Spirit pilots are actively seeking employment elsewhere so I wouldn't be surprised to see attrition save the furloughs..or greatly reduce them.

 

[FlyBigE]

It should, but I know many carriers are also reducing hiring numbers dramatically due to delivery issues with Airbus and the PW engine and Boeing having issues with the 737 program. Hopefully attrition saves Spirit from furloughs.

 

[bafanguy]

I wonder if the carriers that stopped "hiring" have stopped interviewing too. I suppose that they could still interview, give out CJOs and put them in a pool to await for the dust to settle.

 

[FlyBigE]

I know some carriers are filling pools. Hiring is definitely cooling. I think companies are waiting and trying to get a read on the Airbus / Boeing issues as well as inflation and maybe a change in administrations. Lots of moving parts right now.

 

[snoopy14]

Any Spirit insiders know if downgrades are on the table?

 

[b757driver]

If other airlines keep hiring at current rates, it may be that attrition from Spirit will take care of that 260 pilots. Many Spirit pilots are actively seeking employment elsewhere so I wouldn't be surprised to see attrition save the furloughs..or greatly reduce them.

Hiring is definitely cooling according to many reports and pilot blogs.
Furloughs are the price you pay for being in the industry.
Been there, done that, got the T-shirt 20 years ago! Some things never change. This is one of them. Have you heard about the other rumor, the one about the shortage of pilots? I have, again, 20 years ago. It’s called cyclical, like the stock market. Did no recruiter or pilot career advisor like Kit Darby tell you what you can expect once onboard? Shame on him, I guess you have to experience it then, no choice.
Oh, and if they tell you that furloughs “build character”, take it from someone who knows, it might, the first time around, but more! Dunno, try it……and let us know.