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Allegiant Pilots Local 2118 Prepare for Vote of No Confidence in Management

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Allegiant Air (NASDAQ: ALGT) pilots, represented by Teamsters Local 2118, are preparing for a Vote of No Confidence in the company's management and Board of Directors. The decision follows several significant corporate setbacks, including a 50% decline in market value over six months and a $500 million loss on the Sunseeker Resort project.

The pilots criticize management's strategic decisions, citing failures including the shutdown of GMS Racing NASCAR team and investments in "Allegiant Nonstop" entertainment centers. Teamsters General President Sean O'Brien described the management culture as "toxic," while pilots expressed concerns about leadership's spending practices, including the use of private jets for base visits while claiming inability to afford new pilot contracts.

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Positive

  • None.

Negative

  • 50% collapse in company's market value in six months
  • $500 million loss on failed Sunseeker Resort project
  • Shutdown of GMS Racing NASCAR team
  • Wasteful spending on unrelated ventures and private jets
  • Vote of No Confidence indicates severe leadership crisis

News Market Reaction 1 Alert

-0.20% News Effect

On the day this news was published, ALGT declined 0.20%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LAS VEGAS, Aug. 14, 2025 /PRNewswire/ -- The pilots of Allegiant Air (NASDAQ: ALGT), represented by the International Brotherhood of Teamsters Local 2118, announced today that they are preparing to hold a formal Vote of No Confidence in Allegiant's current management team and its Board of Directors. The decision comes after years of repeated failures, poor strategic decisions, and reckless spending by company leadership — actions that pilots say threaten the long-term health and stability of the airline, regardless of the outcome of ongoing contract negotiations.

"Contract or not, [Maury] Gallagher and [Greg] Anderson's management team have proven that they don't have what it takes to lead an airline," said Captain Kevn Winter on behalf of Local 2118. "The last several years have been failure after embarrassing failure. If pilots had even 1% of this level of failure in the flight deck, our careers would be over. It is time for management to be held accountable."

Teamsters General President Sean O'Brien delivered a direct assessment of Allegiant's leadership culture: "[Allegiant] management culture is toxic. It is fueled by arrogance and protected by yes men and women who could never do the pilots' job."

Most recently, Allegiant's leadership has presided over a 50% collapse in the company's market value in just six months, a $500 million loss on the failed Sunseeker Resort project, the shutdown of its GMS Racing NASCAR team, and millions wasted on unrelated ventures such as the "Allegiant Nonstop" entertainment centers. Pilots say these failures, combined with tone-deaf public relations and lavish executive perks, have eroded trust and jeopardized the airline's future.

"We are doing this to protect the airline and the Allegiant brand that we built," said Captain Tyler Heavey. "This management team seems ready to destroy what we've built because of ego and greed."

One pilot pointed to the company's recent base visits in private jets as the latest sign of misplaced priorities:

"Flying fancy private jets around the country to meet with pilots — just to tell them that you 'can't afford' a new contract is a level of tone-deaf arrogance the industry hasn't seen since Frank Lorenzo's Eastern Airlines disaster in the 1990s.

"A no confidence vote is not something any Union takes lightly," said Greg Unterseher, Trustee of Local 2118. "The pilots believe a change is necessary in the best interest of the airline, its employees, its customers, and its shareholders." The Teamsters emphasize that the upcoming Vote of No Confidence is about more than contract talks — it is a call for new leadership and stronger corporate governance capable of ensuring the airline's long-term stability, safety, and success.

Founded in 1903, the International Brotherhood of Teamsters represents over 1.3 million hardworking people in the U.S., Canada, and Puerto Rico. Visit Teamster.org for more information. Follow us on X @Teamsters and on Facebook at Facebook.com/teamsters.

Contact:
Josh Martin, (725) 308-2755
jmartin@apa2118.org

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-pilots-local-2118-prepare-for-vote-of-no-confidence-in-management-302530624.html

SOURCE APA Local 2118

FAQ

Why are Allegiant Air (ALGT) pilots calling for a Vote of No Confidence in 2025?

Allegiant pilots are calling for the vote due to management's repeated failures, including a 50% market value decline, $500 million Sunseeker Resort loss, and questionable spending decisions that pilots say threaten the airline's stability.

What major financial losses has Allegiant Air (ALGT) experienced in 2025?

Allegiant has suffered a 50% collapse in market value over six months and a $500 million loss on the failed Sunseeker Resort project.

How has Allegiant Air's management spending affected the company in 2025?

Management has been criticized for wasteful spending on failed projects like Sunseeker Resort, GMS Racing NASCAR team, Allegiant Nonstop entertainment centers, and using private jets for base visits while claiming inability to afford new pilot contracts.

What are the main concerns raised by Allegiant Air pilots about company leadership?

Pilots cite concerns about poor strategic decisions, reckless spending, failed projects, tone-deaf public relations, lavish executive perks, and decisions that threaten the airline's long-term stability.

What is the Teamsters' position on Allegiant Air's management in 2025?

The Teamsters, representing Allegiant pilots, describe the management culture as toxic and state that a leadership change is necessary for the airline's long-term stability, safety, and success.
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