Allegiant Air will continue to serve Owensboro, Kentucky, but is waiting on a U.S. Transportation Department (DOT) response to its request to change service in 10 other markets.
Allegiant Air will furlough 275 pilots in October, after posting a $95 million net loss in the 2020 second quarter (Q2), despite outperforming its peers on a host of key metrics.
Several US states have reported increases in the number of people with the virus, which has negatively impacted bookings and tempered third-quarter expectations.
Allegiant Air will relax its pace of growth in the 2020 third quarter (Q3) citing deteriorating booking trends caused by a surge in COVID-19 cases across the U.S.
Allegiant Air sees signs of life in some domestic leisure markets where government restrictions have been relaxed, although the timeline to recovery in other key destinations remains unclear.
Allegiant Air has received permission from the U.S. Transportation Department (DOT) to reduce service at a host of domestic airports below minimum levels outlined in the CARES Act coronavirus stimulus law.
A group of U.S. Senate Democrats called on airlines to release an estimated $10 billion in full cash refunds for flights canceled by passengers owing to the COVID-19 pandemic.
A trade group representing leisure airlines and ULCCs said the U.S. Government’s proposed “continuation of service” obligation for carriers receiving federal aid unfairly discriminates against airlines with seasonal demand profiles.
