Bad news
#35
Line Holder
Joined APC: Aug 2014
Posts: 72
It's not about stocks people. Allegiant had one of highest profit margins of all airlines. Allegiant's p/e ratio is high among its peers meaning that shareholders are more confident in Allegiant than other airlines. Allegiant's debt/equity ratio is 2/1 which is a little higher than normal due to leveraging assets to generate cash.
https://ir.allegiantair.com/news-releases/news-release-details/allegiant-travel-company-second-quarter-2020-financial-results
https://ir.allegiantair.com/news-releases/news-release-details/allegiant-travel-company-second-quarter-2020-financial-results
#39
Line Holder
Joined APC: Jan 2017
Posts: 99
A lot of huffing and puffing and double-talk. Them Flight Attendants sure know how to spin a yarn. So you wanna save a buck or two but you dont offer reduced credit time off.........in the slowest month of the year. My sympathy meter is at zero.
#40
Gets Weekends Off
Joined APC: May 2009
Position: pilot
Posts: 584
the new hire class that was stopped mid class had been given schedules to complete training in September. Now back on hold indefinitely. Some noncommittal references to the economy and the uncertainty of market moving forward. Put a new crew base back on hold. Nothing earth shattering just not good news... especially for the new hires.
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