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Old 12-25-2018, 07:41 AM
  #381  
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April 2019.
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Old 12-25-2018, 08:46 AM
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Originally Posted by j3cub View Post
April 2019.
Scott Sheldon - Allegiant Travel Co.

Yeah. Hi. This is Scott. Yeah, if you look at the number of MD-80 shells (00:23:36), there will be some folks that will be going through training to be available for the March peak. And if you kind of back into any sort of pilot per aircraft metric back to when we had a single fleet type adjusted for the new 117 rules, you could come to a number where you're carrying $30 million to $35 million in excess labor as we grow into it over the next couple years.
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Old 12-25-2018, 08:54 AM
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Originally Posted by crxpilot View Post
Scott Sheldon - Allegiant Travel Co.



Yeah. Hi. This is Scott. Yeah, if you look at the number of MD-80 shells (00:23:36), there will be some folks that will be going through training to be available for the March peak. And if you kind of back into any sort of pilot per aircraft metric back to when we had a single fleet type adjusted for the new 117 rules, you could come to a number where you're carrying $30 million to $35 million in excess labor as we grow into it over the next couple years.


Yes, but that is based on the idiotic staffing levels that the company thinks we can achieve. The hiring date truly comes down to the success of union negotiations on PBS. That is when we will know that actual staffing levels that can company can get away with.


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Old 12-25-2018, 08:32 PM
  #384  
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Originally Posted by crxpilot View Post
Scott Sheldon - Allegiant Travel Co.

Yeah. Hi. This is Scott. Yeah, if you look at the number of MD-80 shells (00:23:36), there will be some folks that will be going through training to be available for the March peak. And if you kind of back into any sort of pilot per aircraft metric back to when we had a single fleet type adjusted for the new 117 rules, you could come to a number where you're carrying $30 million to $35 million in excess labor as we grow into it over the next couple years.
Let's put some money in this, whoever gets closer to the first new hire class wins everything.
10$ a piece.
I say April 2020.
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Old 12-26-2018, 06:24 AM
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The only way a class is happening Spring of 2019 is if they found a bunch of airplanes somewhere that haven't been announced yet. Attrition alone isn't enough.

Management is serious about the reduced staffing model. It will succeed until it fails. Then the next hiring wave begins.

I'm sticking with late 2019.

Originally Posted by skydisaster View Post
Yes, but that is based on the idiotic staffing levels that the company thinks we can achieve. The hiring date truly comes down to the success of union negotiations on PBS. That is when we will know that actual staffing levels that can company can get away with.


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Is the union actually negotiating? All I read is the Eric update, nothing from the union and it seems like the company is imposing not negotiating.
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Old 12-27-2018, 05:14 AM
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I wasn’t that concerned about a lot of the extra curricular activities by Allegiant until today. Every other airline and almost every other stock shot up around 5%. Allegiant went down.

I hope this event is a bit of a wake up call to re-evaluate some decisions.
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Old 12-27-2018, 11:35 AM
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Originally Posted by labbats View Post
I wasn’t that concerned about a lot of the extra curricular activities by Allegiant until today. Every other airline and almost every other stock shot up around 5%. Allegiant went down.

I hope this event is a bit of a wake up call to re-evaluate some decisions.
Dropped below $100 today. Granted, the market is down but yesterday's dismal performance while the airline sector soared (6% - 9%) concerned me too. I can't imagine shareholders being overly thrilled, having enjoyed the summer of 2015 when ALGT was climbing above $230.

Stocks rise and fall and often have little to do with underlying fundamentals, however analysts have questioned G4's diversification, claiming it detracts from a company's core business, pointing to similar actions that failed other companies in the past. They've been wrong before, hopefully they're wrong again.
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Old 12-27-2018, 12:35 PM
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Originally Posted by tyler durden View Post
Dropped below $100 today. Granted, the market is down but yesterday's dismal performance while the airline sector soared (6% - 9%) concerned me too. I can't imagine shareholders being overly thrilled, having enjoyed the summer of 2015 when ALGT was climbing above $230.

Stocks rise and fall and often have little to do with underlying fundamentals, however analysts have questioned G4's diversification, claiming it detracts from a company's core business, pointing to similar actions that failed other companies in the past. They've been wrong before, hopefully they're wrong again.
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Old 12-28-2018, 05:49 AM
  #389  
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I am hearing rumors of interviews restarting as well. One thing companies use is the volume of PRIA requests, I wouldn't be surprised if the G4 HR department has been hit with a bunch of them, which is often a sign of impending resignations.. then again, maybe they found new airframes. Who knows.
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Old 12-28-2018, 06:07 AM
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They found new planes, just flew 314NV the other day inducted 12/12/18
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