---
schema_version: "secwatch.filing_event.v1"
accession: "0001362468-24-000025"
form_type: "8-K"
ticker: "ALGT"
cik: "0001362468"
company_name: "Allegiant Travel CO"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:28:17.745166+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Allegiant: 2023 EPS $6.29, 10% margin; pilot union in trusteeship; Boeing MAX deliveries cut to 6 in 2024

## Summary
- 2023 net earnings of $6.29 per share; 10% operating margin; Sunseeker Resort opened Dec 15 with $30M pre-opening loss.
- Pilot union Teamsters Local 2118 placed under emergency trusteeship in March 2024; no substantive contract agreement in three years.
- Boeing MAX deliveries now expected at just 6 aircraft in 2024, down from planned 20+; 130 aircraft on order (50 firm + 80 options).
- 77% of 552 routes have no direct nonstop competition; ASM growth lagged fleet growth—ASMs/aircraft down >20% vs 2019.
- Pilot attrition high: hired 524 pilots through 2023 but net increase of only ~100; industry pilot pay up 40%.

## SEC filing metadata
- accession: 0001362468-24-000025
- form_type: 8-K
- ticker: ALGT
- cik: 0001362468
- company_name: Allegiant Travel CO
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362468/000136246824000025/0001362468-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362468/000136246824000025/algt-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001362468-24-000025
- JSON: https://secwatch.observer/filing/0001362468-24-000025.json
- Plain text: https://secwatch.observer/filing/0001362468-24-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.