Allegiant Air
#5441
#5446
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Joined: Sep 2015
Posts: 94
Likes: 0
Some are holding CA in 12-18 months right now... Guessing that number won't hold. Lots bypass for QOL (base/schedule etc.). Currently around 840 pilots, I think the desired number is 1100 pilots by 2020 or 2021. The rest will depend on bypasses and attrition.
#5448
Line Holder
Joined: Jun 2015
Posts: 698
Likes: 12
From: A-320
New airbuses only contributed slightly in the form of increased depreciation and maintenance. The combined increase only represents 3% of total operating expenses.
Total Revenue is up 7.8% Q1 year over year. Total Operating expense are up 33.2%. The biggest players are fuel, up 57.8% and salary/benefits up 39% Q1 YOY. Total cost per available seat mile increased by 18.3% and the pilot contract represented 8% of that increase. The airline is overstaffed to support a training bubble.
When the dust settles after the transition my guess is that operating margin will be somewhere around 23% give or take, which would still be the highest among airlines.
As far as fuel, last year 2016 Q1 oil ranged from $29-$37 a barrel. This Q1 it has been around $50/barrel.
#5450
LAX and OAK can usually be had by the time you are out of training if you get the Bus. If you get the 80, LAS is quick, if not immediate. IWA is now Bus only and the wait is getting really long. I have been here 6 months, and I am expecting at least another year to get to IWA.
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