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Spirt to layoff

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the other thread

the other thread is a bunch of crap. this deserves to be separate. It is official. I saw it on the local news down here in Florida.

Is there gonna be any airlines left by the fall?
 
the other thread is a bunch of crap. this deserves to be separate. It is official. I saw it on the local news down here in Florida.

Is there gonna be any airlines left by the fall?

It's on the news, it must be true!!!


Spirit Airlines President Says No Layoffs Planned

POSTED: 3:19 pm EDT June 3, 2008
UPDATED: 8:48 pm EDT June 3, 2008


MIAMI -- The president of Spirit Airlines said Tuesday the carrier has no plans for layoffs, despite reports that implied it is laying off half of its employees.

According to letters released Tuesday by union leaders, the airline may lay off or move up to 60 percent of its flight attendants and 45 percent of its pilots in an effort to cut costs and deal with soaring fuel prices.

The Miramar-based discount carrier wrote in the notification letters that it plans to close its hubs in New York's LaGuardia Airport and San Juan, Puerto Rico, and shrink its main Fort Lauderdale hub by Aug. 1. The airline is also closing its Detroit hub for flight attendants, according to the letters.


Spirit told NBC 6 no layoffs are planned. The airline's hub will stay in Fort Lauderdale, but the carrier may relocate crews to different cities to save money.

The letters, required by law under the Worker Adjustment and Retraining Notification Act, were sent out Friday by Jeff Carlson, the airline's vice president of flight operations. Carlson wrote in the letters that the airline will furlough or displace up to 448 flight attendants and 242 pilots.

"It's kind of unfortunate that it got put out that way," said Spirit President and CEO Ben Baldanza.

He said the letters began as a precaution to keep the airline alive and then became a rumor that the carrier was dying.

"The Spirit management team, the owners of Spirit and all of the employees of Spirit are completely committed to working through a very tough economic environment with high fuel prices, doing what it takes to keep the airline stable, solid and growing over time, and that's exactly what we're all here to do 24-7," he said.

Baldanza said the airline will not raise airfares and has no plans to cut any routes. He said the carrier is even adding new destinations.

"If we make the actual decision to shrink at all -- to reduce one frequency on one route or return some airplanes or do anything -- if we made that decision, which we have not made yet, we would absolutely talk to all the employees affected directly about that change and what that meant for them," he said.

But the letters sparked concern from the pilot and flight attendants unions.
 
Hi.

My buddy at Spirit emailed me about 4 days ago to tell me he was going to be furloughed. He just joined in Feb.

cliff
YIP
 
wow... this thread is the most uninformed crap I've seen on here in a long time. SJU is not closed yet. Nor is LGA. No one is furloughed... yet. WARN act only. Now we have our CEO scrambling on the news to say nothing is happening. Starting mediated contract talks next week. That's all that anyone KNOWS. Oh yeah- Spirit is and always has been a privately held company... so no stock.
 
A thought.

Maybe it has been discussed on other threads, but has anyone suggested that this is posturing on the part of management?

Since you are not a public company and stock price isnt a concern, would it be possible that managment is using the bad news of the industry and announcments of capacity reductions as a spring board for mediated talks?

Maybe a long shot, but the executives of the industry are proven to be more than willing to go below the belt.


Medeco
 
Certainly a possibility, especially with Ex-Con-Jon on the board of directors and the positive influence and upstanding business practices he brings to NK.
 
Hey Troll565

Not that it matters much... but...

you make all us Spirit pilots look like idiots when you call someone "numbnuts" and say we don't have any stock. I was simply ill-informed with my earlier response.

FYI... we are a corporation licensed in Michigan. Stock is required for every corporation, that is why it is a corporation. We have 23,000,000 shares to be exact. Go look it up youself. Neat huh! By the way... just because our stock is not publicly traded doesn't mean it does not have value. And you can bet our fearless leader will be getting a bonus if he increases that value by whatever means.
 

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