Most of the letter is the same tired rhetoric they have been spewing since day one. Here are the excerpts and paragraphs that would send any sane Allegiant pilot into a tirade:

" We’re frugal and we try to get the most from every dollar we spend but we also believe in long-term value and in spending money for that value. When we apply that mindset to the question of pay – for any Allegiant job – it means we offer competitive pay and benefits in exchange for a good day’s work as well as a tuition reimbursement program, investing in the development of future leaders, bonus and profit sharing programs, recognition events and more."

That "frugality" does not apply to executive compensation.

"Our dislike of fixed costs helps explains some of our positions at the bargaining table. Some provisions of union contracts can add substantially to an airline’s fixed costs. The typical union contract runs hundreds of pages and is chock full of work rules, trip rigs, minimums, per diems and more. Most of these provisions cost money but often deliver little in the way of benefits to passengers, to shareholders, the airline or even the employees these rules supposedly benefit. These “soft costs,” as they’re sometimes called, are anything but soft to an airline’s bottom line as they can add millions in expenses without offsetting gains in productivity, safety or reliability."

Notice where employees are mentioned in the pecking order. This is not a coincidence. Actually, there may be a typo in there. Shareholders always come before passengers.