Allegiant Pilots Push for No-Confidence Vote on Executives

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Allegiant Air pilots, represented by the International Brotherhood of Teamsters Local 2118, are preparing a no-confidence vote targeting the airline’s management and board of directors. The union accuses leadership of “years of repeated failures, poor strategic decisions, and reckless spending” that it says have endangered the airline’s long-term stability.

According to the union, Allegiant’s market value has fallen by 50% over the past six months. It also points to a USD500 million loss tied to the Sunseeker Resort project, which was recently sold to Blackstone Real Estate for USD200 million. Other criticized ventures include investments in a GMS Racing NASCAR team and entertainment centers, which the union claims wasted millions.

“A no-confidence vote is not something any union takes lightly,” said Greg Unterseher, Trustee of Local 2118. “Pilots believe change is necessary to protect the airline, its employees, customers, and shareholders.”

Allegiant Air has not yet responded to requests for comment.

The vote comes as Allegiant reported a USD33.1 million net loss for the first half of 2025. Despite the setback, the airline closed the period with USD1.1 billion in liquidity, including USD852.7 million in cash and investments and USD275 million in available credit.

The outcome of the no-confidence vote could influence Allegiant’s future leadership and strategic direction at a time when the airline faces mounting financial and operational pressures.

Related News: https://airguide.info/category/air-travel-business/airline-finance/

Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com

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