Allegiant Air Wastes Millions, Still Won't Pay Pilots
https://teamster.org/2025/07/allegiant-air-wastes-millions-still-wont-pay-pilots/
Allegiant-Sunseeker-Resort
Teamsters Call Out Airline for Misplaced Priorities and Stalled Negotiations
Press Contact: Lena Melentijevic Email: lmelentijevic@teamster.org
(WASHINGTON) Allegiant Air pilots represented by Teamsters Local 2118 are raising serious questions about Allegiants leadership after the company this week sold its failed Sunseeker Resort while continuing to stall contract negotiations for 1,400 union pilots.
The airline claims the sale of its unsuccessful hotel project signals a renewed focus on its core airline operations, but their actions tell a different story.
Allegiants executives have wasted billions on failed side hustles while refusing to fairly pay the pilots who actually keep this carrier in the air, said Teamsters General President Sean M. OBrien. Allegiant owes our members over $200 million in hard-earned retention bonuses. The Teamsters demand accountability and a fair contract now from this greedy, corruptible employer.
Allegiant pilots have been stuck in negotiations for over four years. While others across the airline industry have secured pay increases and improved working conditions in recent years, Allegiant has refused to pay industry standard wages and is asking pilots to make concessions on quality of life and scheduling issues.
Since March 2021, Allegiants market value has decreased by 78 percent, with a current market cap of $1.3 billion. The company lost $520 million on the sale of its ill-fated Sunseeker Resort, which is equal to over half of the companys current market value. The sale of the South Florida hotel follows a pattern of frivolous spending by the airline. With impractical ventures outside its core airline operations, from sports stadiums to luxury hotels and golf courses, Allegiant has burned millions of dollars on corporate pet projects.
FULL story at link above.