The Financial Impact of IBT
Missed Opportunity, Major Losses
Allegiant pilots have faced significant financial setbacks under the IBT, missing a historic leverage cycle that delivered massive gains for peer airlines. While others secured game-changing contracts during the post-pandemic travel boom, Allegiant pilots lost out on hundreds of thousands per pilot. That window of opportunity has likely closed for good.
A Year Wasted, Value Slipping
In 2024, a year of IBT inaction left Allegiant pilots with no progress, their wages stagnating as inflation chipped away at their value. The time value of money made it worse—money they didn’t earn couldn’t grow, leaving them further behind. A full year slipped by with nothing to show for it, deepening the cost of delay.
Recession Threat, Future at Risk
As of April 2025, a faltering economy and Allegiant’s recent financial peril paint a grim picture. With travel demand at risk in a recession, Allegiant could face cuts and further stalled contracts. Pilots now confront the prospect of gaining nothing—hundreds of thousands already lost could be just the start if the market crashes and opportunities dry up.