Allegiant Air
05-06-2016 | 05:59 PM
#2621
On Reserve
Joined: Feb 2010
Posts: 106
Likes: 0
From: Cessna 150
That's our biggest problem with this company. Maury Gallagher is CEO and chairman of the board. That means he has no boss that can make him change anything he doesn't want to. Most companies are smarter than that and separate the CEO from the board, but not Allegiant. It would take a very unlikely vote for the other members of the board to remove the Chairman and CEO. He isn't going anywhere unless he wants to leave.
05-06-2016 | 06:40 PM
#2622
Line Holder
Joined: Sep 2006
Posts: 928
Likes: 2
That's our biggest problem with this company. Maury Gallagher is CEO and chairman of the board. That means he has no boss that can make him change anything he doesn't want to. Most companies are smarter than that and separate the CEO from the board, but not Allegiant. It would take a very unlikely vote for the other members of the board to remove the Chairman and CEO. He isn't going anywhere unless he wants to leave.
It is befuddling to see a company in such dire need of improvements to its infastructure, processes and employee relations doing such a thing.
05-06-2016 | 08:06 PM
#2623
Gets Weekends Off
Joined: Feb 2016
Posts: 128
Likes: 0
That also helps explain the nearly $200 million is share repurchases in 2015 and Q1 2016; with a fresh authorization for yet another $100 million to continue doing the same....such repurchases serve to benefit only the majority shareholders (read:Maury) and management.
It is befuddling to see a company in such dire need of improvements to its infastructure, processes and employee relations doing such a thing.
It is befuddling to see a company in such dire need of improvements to its infastructure, processes and employee relations doing such a thing.
05-07-2016 | 11:28 AM
#2625
Gets Weekends Off
Joined: Jun 2011
Posts: 137
Likes: 0
From: A320
05-08-2016 | 09:09 AM
#2629
Gets Weekends Off
Joined: Jul 2008
Posts: 516
Likes: 0
From: 88 Gunner
Hundreds of pilots poised to leave Allegiant Air - Story
Allegiant made the news again. Hundreds of Pilots poised to leave due to unsafe business practices. Are you guys really trying to get out? I was thinking of leaving my regional after 9 years to go there, but I hear soo many bad things. I don't think its worth risking ruining my career.... It would be much safer for you guys to leave and come to a regional again haha. ExpressJet is hiring! :P
Allegiant made the news again. Hundreds of Pilots poised to leave due to unsafe business practices. Are you guys really trying to get out? I was thinking of leaving my regional after 9 years to go there, but I hear soo many bad things. I don't think its worth risking ruining my career.... It would be much safer for you guys to leave and come to a regional again haha. ExpressJet is hiring! :P
I used to think that as well. This place has its issues, but it's still much better than ASA. Working for a company selling its own tickets, as opposed to being left to Skywest's mercy is a huge benefit. Even if it means flying around in rattling and whistling MD-80
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