Originally Posted by
Margaritaville
You’re funny. Allegiant is small, but per capita, is the most profitable, has the least debt, and the most cash on hand. Of course it’s a lower total amount than Delta, but a way higher percentage overall.
Well, you are currently about the same size as Frontier (just over 100 planes?) and, according to your quarterly results, you ended Q2 with just shy of 58 million cash on hand with 643 million in long term debt. By comparison, F9 had just under 625 million cash on hand with just under 105 million in long term debt and turned a small profit in Q2. There’s obviously much more that goes into the health of a company than just those metrics, but I’m just addressing the comparisons you mentioned. I’m not saying that Allegiant isn’t in a better position than a lot of other airlines, but you really need to step away from the koolaid. I think you may have OD’d and it might be time to induce vomiting and contact a poison control center immediately.
https://www.transtats.bts.gov/databa...&Subject_ID2=0