Allegiant Q1
04-28-2011, 06:13 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Aug 2008
Position: MD80 CA
Posts: 315
04-28-2011, 06:22 PM
#2
Gets Weekends Off
Joined APC: Jan 2006
Posts: 1,542
Revenue up 13.9% to almost 200 million dollars for the quarter. Operating income 27.8 million. Operating margin of 14.4%. That is absolutely incredible. I can't remember the last time I saw an airline with a double digit profit margin.
All for an average base fare of $89 each way... (About $120 including fees) That seems that they have a good business model going there.
All for an average base fare of $89 each way... (About $120 including fees) That seems that they have a good business model going there.
04-29-2011, 12:13 AM
#5
Gets Weekends Off
Joined APC: Apr 2006
Position: 737 FO
Posts: 260
Originally Posted by iahflyr
I can't remember the last time I saw an airline with a double digit profit margin.
04-29-2011, 03:49 AM
#6
Gets Weekends Off
Joined APC: Feb 2009
Position: right for a long, long time
Posts: 2,642
Originally Posted by Carl Spackler
I'm so proud that at Delta, our max pay rate for the MD88 is a massive $8/hour higher than Allegiant's. 
Carl
Carl
04-29-2011, 04:58 AM
#7
Line Holder
Joined APC: Dec 2010
Posts: 27
Just to remind everybody, Allegiant fired ALL their rampers and outsourced the jobs to another company to save a couple of bucks. Keep that in mind as you go around slapping each other on the back about how great your company is doing. They were your coworkers and friends. Was it worth it?
04-29-2011, 05:15 AM
#8
First Rule of Fight Club
Joined APC: Jan 2007
Position: My seat smells like cat pee
Posts: 1,536
Originally Posted by Bonk
Just to remind everybody, Allegiant fired ALL their rampers and outsourced the jobs to another company to save a couple of bucks. Keep that in mind as you go around slapping each other on the back about how great your company is doing. They were your coworkers and friends. Was it worth it?
04-29-2011, 06:48 AM
#10
Line Holder
Joined APC: Dec 2010
Posts: 27
Allegiant could have kept the rampies and still had a double digit margin. Instead they outsourced them with two weeks notice for the sake of a few more pennies. That's bad business and a terrible way to treat people. I sincerely hope they don't treat the pilots with the same indifference. Keep that in mind as fuel prices continue to skyrocket.
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