Allegiant 2nd Quarter Results!

[Ameriagle]

Here is the link:

http://money.cnn.com/news/newsfeeds/articles/prnewswire/200807222028PR_NEWS_USPR_____LATU125.htm


Nice to see a small profit!

 

[labbats]

The decline is due principally to the purchase of $25 million in aircraft to support 2009 growth."

During the second quarter, we placed one additional (owned) aircraft in service, bringing our operating fleet to 37. At the end of the second quarter, we exercised the purchase option on five aircraft subject to capital lease.

We expect to make more new service announcements shortly.

So when is hiring going to ramp up?

Congrats on the strong second quarter amidst all the turmoil.

 

[Golden Falcon]

Geez looks like you can add Allegiant to the list of properly managed carriers, including Southwest and......mmm and......okok Southwest

 

[Cornelius]

Wish my company made a little money. Good job!

 

[BuckMurdock1]

So when is hiring going to ramp up?

That seems to be the 2.6 million$$ question. As of now, they are still saying no hiring or classes until 2009.

 

[CoolSidePillow]

Well they also do not service big markets, the have low pay, and do not have to get hotel rooms. That all helps keep the cost down.

 

[temcgrew]

Well they also do not service big markets, the have low pay, and do not have to get hotel rooms. That all helps keep the cost down.

So let me get this straight:
No big markets like EWR, JFK, DAL, ORD
No hotel rooms so no 4 day trips and home every night
Low Pay? We have had pay raises as well as profit sharing and 401k matching. Not to shabby for a small startup.

Sounds like a good deal to me!!

 

[armani]

Any Airline that can make money and keep crews off the street right now is a GREAT DEAL. Allegiant is doing things right.

 

[a320drivr]

You now have 37 airplanes. Get a descent pay scale and start making what a MD80 Capt. should make.

 

[yzf6]

You now have 37 airplanes. Get a descent pay scale and start making what a MD80 Capt. should make.

A pay scale that goes down?