Originally Posted by
G4er
Yep, just a get rich scheme. Like every other airline, Bring passengers where they want to go and collect their money. The great thing is the company doesn't even have to invest a cent into the operation as you say. The airplanes just magically appear and the FAA lets them fly, everything behind the scenes is free. A big Ponzi scheme that counts on another investor to bail out the last one because the company isn't making anything on any of their flights.
And yes, I read your posts. I'm just pointing out the fact that you say the company makes money on every flight but it is also a Ponzi Scheme.
Peace
-sigh-
Never said Allegiant was a Ponzi scheme. Again, the post said:
"This is no more an investment than a building rented out for a Ponzi scheme". The comparison being leasing Airbus to renting the building: neither were intended for the long term.
Did "every other airline" suffer a major accident and shut down because they contracted out their maintenance to the cheapest vendors available? Too bad there's not enough dough left over after the dividends for Allegiant to pay for quality maintenance. You think they'd learn but hey, it wasn't their fault. Approaching 50 engine failures and shutdowns, multiple air returns and emergencies declared almost daily. Yes, good thing the FAA is doing their due diligence. The only thing they've done was go after the pilots when the union pointed out maintenance deficiencies. Oh wait, they DID shut down our training department. Never mind.
Does "every other airline" get fined by the DOT for deliberately scamming their passengers with false advertising and deceitful sales tactics? Constantly selling seats and not being able to deliver because of configuration or equipment changes, breaking up families with small children...wheel chair passengers in the back (safety first!) yeah, Delta does all that too. What about selling travel 'insurance' only to credit (not reimburse) future flights? Google that. http://wfla.com/2015/07/08/allegiants-insurance-program-frustrates-tampa-bay-customers/
You're right, just like every other airline (travel company?). Keep guzzlin' the cool-aid man.