captnate702

A question I keep asking myself and others is what does “industry standard” contract mean?

1. Is it a legacy standard contract where we only compare ourselves to larger more established airlines like AS, B6, DL, AA, UA, WN?

2. Does industry standard mean where we sit in the industry compared to our peers? Think NK, F9, SC, Avelo and Breeze?

I can assure you that “industry standard” does not mean a “legacy standard” contract to management. I am certain that management thinks we are way closer to tiny Avelo than to the big four.

For example, if we get a TA that “industry leading” for ULCC airlines but short of a legacy standard contract - how does that workout?

If the hope is that we will get a legacy standard contract then I think we will be in mediation for a decade.

Remember, the mediator we have was management at F9 and NK for a long time, I don’t think she’s gonna be impressed when Andrew says we should be released because management won’t match delta rates.

tom11011

Robles defined industry standard on the quarterly call this week.

tailendcharlie

I don't see management bending on the Allegiant flexibility model. You'll work Sun/Mon & have Tues off. Drive rental cars all over Florida. They'll change your RAP. Staff for normal months & flex up in busy months & pay you 70 hours in slow months. Senior pilots will still occasionally find themselves with a reserve line. Etc. Ad Nauseam. MG is not hiring an extra 30% pilots so we can all work 4 on/4 off. If AR's vision of Industry Standard is Allegiant pilots with the complete suite of Legacy work rules then I fear we will see this drag on for years eventually winding up at an impasse.

Jim Rockford

Those Max 7's are gonna be a long way off. It will be Halloween before those albatrosses ever turn a dime.

Margaritaville

"Unionization is one of those things that clogs the arteries and makes you less quick and not as nimble as you need to be on top of your game.” - Maury Gallagher

ESQ702

what was the definition?

Margaritaville

Was it a secret definition?

tom11011

Yes.

filler

tom11011

Today's call has reduced this unfortunately. With new Boeing delays, it looks like those 24 are now going to be 12 with 10 placed into service by year end.

We plan to retire 8 A320s this year down from 11. Retired one A319 and onboarded an A320. Sounds like only one more A320 this year to be added.

This would mean we will miss our 10% annual growth target for the second year in a row.

captnate702

Not sure this should be a surprise to anyone. Demand has fallen across the industry - at least domestically. The revenue gold rush from the pandemic revenge travel is completely gone. Now with Boeing being Boeing again there are obvious delays. Allegiant is frankly lucky to have such limited exposure to the Boeing and Pratt Whitney issues.

My biggest concern is what does this mean for our pilot group? We have full new hire classes and enough to pilots to fly the schedule while we wait for the Boeing. It just sucks that we couldn't capitalize on all the leverage we had during the pilot hiring spree and the revenge travel. Instead Robles and his cronies spent an entire year arguing about Training... that's what we got out of a generataional moment of leverage for pilots vs. management.