Teamsters Pilots Question Allegiant's Priorities as Labor Dispute Looms
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2024.07.30
https://teamster.org/2024/07/pilots-question-allegiants-priorities-as-labor-dispute-looms/
Press Contact: Daniel Moskowitz Phone: (770) 262-4971 Email: Dmoskowitz@teamster.org
(WASHINGTON) In advance of Allegiant Travel Companys Allegiant (NASDAQ: ALGT) 2024 second-quarter earnings announcement tomorrow, Allegiant Air pilots and their union are raising questions about the companys direction and decision-making as pilots continue to work under an outdated labor agreement negotiated in 2016. The 1,300-member pilot group is represented by Teamsters Local 2118. Allegiant Air is a low-cost U.S. air carrier focused on leisure travel.
Allegiant pilots are proud to serve their customers and get them safely to their destinations every day. They are invested in Allegiants success and are urging management to invest in pilots as other airlines have done to prevent another avoidable labor dispute with the carrier, said Captain Jim Clark, Assistant Trustee at Local 2118.
Across the airline industry, pilots have secured significant improvements to their working conditions and compensation in recent years. However, as contract negotiations between Allegiant Air and Teamsters Local 2118 enter their fourth year, Allegiant Air is demanding that pilots agree to concessionary changes to their schedules and other parts of their contract that impact quality of work life to pay for increases in compensation that still leave Allegiant pilots far behind their industry peers operating the same type of aircraft.
The companys website states, Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, but instead of making investments in pilots the priority, Allegiant leaders have poured money into other projects like The Sunseeker Resort hotel in Charlotte Harbor, Florida. Following previously reported significant cost overruns, the companys 2024 first quarter Allegiant Travel Companys 8-K reported hotel losses and other problems, such as low occupancy, alongside overall disappointing earnings for the period.
FULL story at link above.