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Old 06-30-2008, 03:17 PM   #4 (permalink)
roz
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Default Re: Spirit Furloughs

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Originally Posted by roz View Post

What I have been told is that Jacob was a terrible negotiator and that some of the leases for the 319's are way too expensive and Oaktree is balking. So, they have to create a hardship scenario to force a renegotiation.
If they can't renegotiate, they are going to use the hardship scenario to abandon the leases. It would be 90 more in addition to this latest round of 7 voluntary leaves and 38 furloughs.
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