U.S. LCCs Allegiant Air and JetBlue Airways saw challenges while Spirit Airlines continued to navigate significant financial and operational difficulties.
Allegiant Air is planning to achieve capacity growth through higher aircraft utilization in 2025 as new Boeing 737 MAX aircraft replace older Airbus A320s.
Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers and a struggling Spirit Airlines.
Hurricanes Helene and Milton have had an outsized impact on Allegiant Air operations, with about 25% of its seat capacity still affected to varying degrees.
Personnel changes were seen at several U.S., Caribbean and Indonesian airlines, a major U.S. supplier, and a pair of European industry service providers.
Boeing delivery delays continue to hamper Allegiant Air, as the ULCC no longer anticipates placing any MAX aircraft into service during the first half of 2024.
Allegiant Air has climbed back up from a 2022 position it describes as “the bottom of the industry, operationally” and sees a clear direction for improvements.