Spirit Pilots Respond To Airline's Second Quarter Financials | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-12.01.25

AirborneNextGen-
12.02.25

Airborne-Unlimited-11.19.25

Airborne-AffordableFlyers-11.20.25

AirborneUnlimited-11.21.25

LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Thu, Aug 04, 2016

Spirit Pilots Respond To Airline's Second Quarter Financials

Still No Pilot Contract Despite Airline Profits, Union Says

The pilots of Spirit Airlines, as represented by the Air Line Pilots Association, Int’l (ALPA), responded to Spirit Airlines’ financial results for the second quarter of 2016, which were announced on Friday, July 29. The company reported an adjusted net income of $78.5 million, an increase of 4.9 percent compared to the same quarter in 2015. This comes just a month after the pilots sought mediation from the National Mediation Board in order to achieve an amended contract.

“The success of Spirit Airlines is directly attributable to the work, dedication, and professionalism of this pilot group,” comments Capt. Stuart Morrison, chairman of the Spirit unit of ALPA. “We’ve been at the negotiating table for almost 18 months seeking industry-standard compensation. The company is clearly in a financial position to meet this demand.”
 
In the last year, Spirit Airlines earned over $300 million and currently has over $1.0 billion in cash and cash equivalents. The nearly 1,500 Spirit pilots are currently operating under a five-year contract that was ratified in August 2010, when the airline had approximately 400 pilots. This month marks the one-year anniversary of that contract becoming amendable.
 
“Spirit Airlines consistently posts greater profit margins than its competitors, while we work at rates that are close to the bottom of the industry,” continued Capt. Morrison. “We encourage Spirit management to come to the table with an economic offer that recognizes this pilot group’s contributions and brings our compensation in line with the industry.”

(Source: ALPA News Release)

FMI: www.alpa.org

 


Advertisement

More News

NTSB Prelim: Cirrus Design Corp SR20

The Airplane Made An Uncommanded Right Yaw And Roll, And He Was Unable To Maintain Control Of The Airplane On November 11, 2025, about 1750 central standard time, a Cirrus SR20, N8>[...]

ANN's Daily Aero-Linx (11.30.25)

Aero Linx: Florida Antique Biplane Association "Biplanes.....outrageous fun since 1903." That quote really defines what the Florida Antique Biplane Association (FABA) is all about.>[...]

ANN's Daily Aero-Term (11.30.25): Wind Shear Escape

Wind Shear Escape An unplanned abortive maneuver initiated by the pilot in command (PIC) as a result of onboard cockpit systems. Wind shear escapes are characterized by maximum thr>[...]

Aero-News: Quote of the Day (11.30.25)

“Working closely with the Polish Armed Forces, we’re focused on disciplined execution to help enhance Poland’s defense capabilities and keep up with the strong de>[...]

Airborne 11.26.25: Bonanza-Baron Fini, Archer v LA NIMBYs, Gogo Loses$$$

Also: Bell 505 on SAF, NYPA Gets Flak For BizAv 'Abuse', FAA Venezuela Caution, Horizon Update Textron Aviation has confirmed it will be ending production of the Beechcraft Bonanza>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC