Thread: SAVE stock
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Old 08-06-2021 | 11:48 AM
  #63  
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CAirBear
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Originally Posted by Margaritaville
Not that it matters, but allegiant makes most of their money on ancillary revenue, and a whopping percentage of that ancillary is kickbacks from customers buying package deals with rental cars, hotel stays, and attraction tickets. Allegiant does actually have a fully functioning travel agency attached to the airline, not just a bunch of annoying pop ups when someone tries to buy tickets.

But you already know that.

Your allegiant hate is getting a little comical. Methinks the lady doth protest too much.
Im not talking about Ancillary Revenue, chief. I’m talking abot “bundling” your hotel/car and whether else. It’s NOT some massive million dollar revenue operation that MG and company claim to be.

According to AR/MEC (between 2016-19) (and the actual quarterly financial statements) anything that didn’t have to do with flying was a very small percentage.

No $hit you make money off checked/carry on bag fees, seat selection etc. aka Ancillary. Again thats not what I’m talking about. I’m talking about “bundling”. I have lots of friends and even family that fly Allegiant out of DSM. I, personally, know of 2 that have ever bought everything at once. It’s more of a convenience feature for the type of Pax that is not travel savvy or just wants ZERO headache.

If I was truly bored I could be price out a Thur-Sun or Fri-Mon to what Ceasars/MGM properties charge vs what your “bundling” costs are. It’s not like these hotels are selling rooms to G4 for $10-20 (where G4 marks them up to $20-30 less than retail). I would be very surprised if there actual revenue for room sold is $20-30.

Yet again, a majority of your revenue generated is plane tickets, checked/carry on baggage fees, seat selection, priority etc.

As little as I gave a $hit about working for G4 I don’t hate. My GF can fly for free as a travel companion. Funny how it is I spent $104 for her CONFIRMED ticket to Houston-Hobby last month. Bought her ticket, carry on and picked her seat. I could have no done jack and just booked her a “free” ticket, yet I didn’t.

As little as I enjoyed G4 I actually do want them to do well in DSM. Many friends/family that do take them.
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