30 January 2014
Allegiant Travel Company (NASDAQ: ALGT) employee group Allegiant Air Pilots Executive Council said it plans to begin formal dialogues with Allegiant stakeholders and other influential voices in the financial community, including institutional shareholders, equity analysts, corporate lenders and insurers, in order to address operating and safety concerns that exist at the airline.
Capt. David Bourne, director of Airline Division at the International Brotherhood of Teamsters, said, “We believe Allegiant´s financial backers have a right to know what is going on and be given a chance to weigh in on vital changes needed for Allegiant´s long-term success before it´s too late.”
The Airline Professionals Association Teamsters Local 1224 is affiliated with the International Brotherhood of Teamsters Airline Division and represents nearly 4,000 members among ten air carriers that operate both passenger and cargo aircraft. The IBT Airline Division represents more than 80,000 employees in the aviation industry. Founded in 1903, the International Brotherhood of Teamsters represents more than 1.4m hardworking men and women in the United States, Canada and Puerto Rico.