• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Allegiant Air pilots vote to authorize strike action, union says

by November 8, 2024
written by November 8, 2024

(Reuters) -Allegiant Air’s pilots have voted in favor of authorizing a strike action if the carrier fails to reach a fair agreement, the Teamsters union said on Thursday.

The union, which represents 1,300 pilots of the low-cost U.S. carrier, said 97.4% of the Allegiant Air pilots voted for authorizing a strike.

“Allegiant pilots are some of the most overworked and underpaid in the airline industry,” the union said in a statement, adding that they are seeking industry-standard compensation and improvements to scheduling.

Teamsters said the union and Allegiant are currently in mediation sessions conducted by the federal National Mediation Board (NMB).

“Allegiant remains committed to negotiating in good faith,” the carrier said in an emailed response to Reuters, adding that it offered its pilots an average increase in hourly wages of 50%, with an average 70% increase over 5 years.

“Additionally, we have offered a significant increase in retirement benefits, long term disability, and extensive scheduling and quality of life improvements,” it added.

The Nevada-based airline with a market capitalization of $1.3 billion reported a fall in third-quarter revenues to $562.2 million, from $565.4 million a year earlier.

Last year, Allegiant Air ratified a two-year extension of a contract agreement, with Teamsters union representing 683 workers, including line and heavy maintenance technicians as well as store employees and some administrative maintenance staff.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Australia stocks higher at close of trade; S&P/ASX 200 up 0.84%
next post
TSMC sales grow 29% in October, but at slower pace from prior month

You may also like

Adani, Ambani news units sue OpenAI over copyright,...

March 13, 2026

China’s DeepSeek sets off AI market rout

March 13, 2026

BASF results down on impairments, restructuring

March 13, 2026

Nasdaq futures tumble as China’s AI push rattles...

March 13, 2026

European chipmakers slump as traders gauge DeepSeek AI...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China Vanke’s CEO, chairman resign amid growing liquidity...

March 13, 2026

Italy’s MPS shares fall ahead of Mediobanca board...

March 13, 2026

UMG shares rally after new multi-year pact with...

March 13, 2026

British Land stock drops following stake sale

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Trump administration alleges Nike discriminated against white workers

      March 13, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      March 13, 2026
    • Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy

      March 13, 2026
    • Cardi B’s cameo in Bad Bunny’s Super Bowl halftime show leads to dispute on prediction markets

      March 13, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (690)
    • Stock (6,426)

    Latest News

    • Trump administration alleges Nike discriminated against white workers
    • Landmark trial accusing social media companies of addicting children to their platforms begins

    Popular News

    • British Land stock drops following stake sale
    • After-hours movers: United Airlines, Interactive Brokers, J.B. Hunt and more

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy