Allegiant Q1
#1
#2
Gets Weekends Off
Joined APC: Jan 2006
Posts: 1,603
Revenue up 13.9% to almost 200 million dollars for the quarter. Operating income 27.8 million. Operating margin of 14.4%. That is absolutely incredible. I can't remember the last time I saw an airline with a double digit profit margin.
All for an average base fare of $89 each way... (About $120 including fees) That seems that they have a good business model going there.
All for an average base fare of $89 each way... (About $120 including fees) That seems that they have a good business model going there.
#6
#7
Line Holder
Joined APC: Dec 2010
Posts: 27
Just to remind everybody, Allegiant fired ALL their rampers and outsourced the jobs to another company to save a couple of bucks. Keep that in mind as you go around slapping each other on the back about how great your company is doing. They were your coworkers and friends. Was it worth it?
#8
Just to remind everybody, Allegiant fired ALL their rampers and outsourced the jobs to another company to save a couple of bucks. Keep that in mind as you go around slapping each other on the back about how great your company is doing. They were your coworkers and friends. Was it worth it?
#10
Line Holder
Joined APC: Dec 2010
Posts: 27
Allegiant could have kept the rampies and still had a double digit margin. Instead they outsourced them with two weeks notice for the sake of a few more pennies. That's bad business and a terrible way to treat people. I sincerely hope they don't treat the pilots with the same indifference. Keep that in mind as fuel prices continue to skyrocket.
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