Ok, I guess I have lost all credibility because the company is not making any profit after investing to get the Airbus online. How much are we losing per flight with the Airbus? I actually have no clue, I just assumed they were making money. And you know what assuming something does...Good thing we have the paid off Md 80s to pick up the slack.

 

Please re-read my post. You have it backwards: The Airbuses ARE making profits, higher profits than the -80 and investors are benefiting, on every flight. BUT the operation isn't.

I disagree with your characterization of 'investment' as those profits are not reinvested back to the operation, they are funneled to shareholders.

Like the -80 and 757, the already old airbuses are becoming unreliable because of lacking investment in maintenance, training, parts, etc.

Allegiant is a get rich scheme. Nothing more.

Peace out

 

Yep, just a get rich scheme. Like every other airline, Bring passengers where they want to go and collect their money. The great thing is the company doesn't even have to invest a cent into the operation as you say. The airplanes just magically appear and the FAA lets them fly, everything behind the scenes is free. A big Ponzi scheme that counts on another investor to bail out the last one because the company isn't making anything on any of their flights.
And yes, I read your posts. I'm just pointing out the fact that you say the company makes money on every flight but it is also a Ponzi Scheme.
Peace

 

-sigh-

Never said Allegiant was a Ponzi scheme. Again, the post said:
"This is no more an investment than a building rented out for a Ponzi scheme". The comparison being leasing Airbus to renting the building: neither were intended for the long term.

Did "every other airline" suffer a major accident and shut down because they contracted out their maintenance to the cheapest vendors available? Too bad there's not enough dough left over after the dividends for Allegiant to pay for quality maintenance. You think they'd learn but hey, it wasn't their fault. Approaching 50 engine failures and shutdowns, multiple air returns and emergencies declared almost daily. Yes, good thing the FAA is doing their due diligence. The only thing they've done was go after the pilots when the union pointed out maintenance deficiencies. Oh wait, they DID shut down our training department. Never mind.

Does "every other airline" get fined by the DOT for deliberately scamming their passengers with false advertising and deceitful sales tactics? Constantly selling seats and not being able to deliver because of configuration or equipment changes, breaking up families with small children...wheel chair passengers in the back (safety first!) yeah, Delta does all that too. What about selling travel 'insurance' only to credit (not reimburse) future flights? Google that. http://wfla.com/2015/07/08/allegiants-insurance-program-frustrates-tampa-bay-customers/

You're right, just like every other airline (travel company?). Keep guzzlin' the cool-aid man.

 

Hey MG! How's Allegiant running? You got a good gig man, you got a good gig! These are good problems to have!

Smells like him or an office errand boy....

 

Many airlines lease many of their aircraft. It reflects nothing about the companies choice of investment. I came across some financial docs from United and I believe half of their fleet was leased. I think the fact that there are added aircraft every year is more of an indicator of planned investment. Now that investment can't stop there. I really don't understand why management doesn't just give a bit. I think even a small show of good faith would go a long way. I hope the group stays strong and forces something.

 

It only smells like him of you smell the cheap, generic L.A. Looks hairgel.

Greeeeeezeball.

 

Are these aircraft leased from a company that Jeff Smisek owns?

 

I agree most airlines lease their aircraft, and I don't think that's really a problem.

However, do most airlines lease their planes from a company that is owned by that airlines CEO? I very highly doubt it.

When Allegiant pays an investor dividend, guess who gets most of the money? When Allegaint pays the rent for that new headquarters building (which is either the third or fourth hq building in the time I was there), guess who gets the money? When Allegiant buys fuel in SFB and PIE, guess who gets the money?

All that business is done with companies owned by MG.

 

buy the stock and enjoy the ride. that discounted stock purchased on may 1 has netted me 45% so far at this time. follow the money.