It's little surprise that the CEO of most America's most financially sound big airline, Ed Bastian of Delta, was also the highest paid. But how does he stack up to his peers?
Toledo, Ohio, has the unfortunate distinction of being the largest U.S. city, and one of the first, to entirely lose air service on a network carrier due to the pilot…
When Allegiant President John Redmond adds the CEO title in June, he'll have to deal with some of the same issues, such as the pandemic, that he's trying to handle now. Add one more thing to the list: Frontier could become a more formidable flight competitor if it gets the OK to merge with Spirit.
Allegiant Air's costs soared in the fourth quarter, as bad weather and crew shortages due to the Omicron variant forced it to cancel flights. The airline paid $23 million to passengers to compensate for cancelled flights in the quarter, compared with $4-5 million in compensation it pays in an ordinary year.
Allegiant Air, which long operated an all-Airbus fleet, surprised everyone with its order for up to 100 Boeing 737 Maxes. The Las Vegas-based budget airline says the move is "opportunistic," but whatever it is, it's a shot in the arm for beleaguered Boeing.
Most trans-border joint ventures are between major airlines, like Delta and Aeromexico. But Allegiant Air and Mexico's Viva Aerobus are proposing a low-cost-carrier alliance that they say would boost brand awareness for both airlines and give travelers more options.
Allegiant Air CEO Maurice Gallagher thought returning to 2019 levels of flying would be as easy as "turning on a switch." He was wrong, and disruptions cost the airline millions during the third quarter. Still, Allegiant managed a rare pandemic-era achievement by turning a profit and increasing revenues vs. the 2019 period.
In an industry record, four budget airlines generated more revenue from ancillaries than they did from ticket sales in 2020. More importantly, ancillary revenue grew across all of the largest airlines last year despite the crisis.