Communications Committee Update – September 11, 2025
Fellow Pilots,
On September 4th, 2025, Allegiant finalized the sale of the Sunseeker Resort to Blackstone Inc. for $200 million. This project cost the airline over $1 billion. The so-called “Best in Class” Board of Directors and C-suite personnel recovered what was initially thought to be around 28¢ on the dollar—but that figure doesn’t include closing costs, according to the SEC filing.
In reality, what cost the airline more than $1 billion will now return less than 28¢ for every dollar spent. Even more disturbing: none of the proceeds will go toward pilots. Not toward your retention bonus, not toward your retroactive pay, and not toward your new contract. Per the terms of the senior secured note, these funds may only be used to pay down debt or for other general corporate purposes. After applying the less than $200 million toward Sunseeker’s debt, Allegiant Travel Company will still owe more than $300 million related to this failed venture.
Ask yourselves: What kind of management team awards itself millions in bonuses while furloughing pilots?
- What would our daily operations look like if that billion dollars had been invested into the airline instead of the doomed Sunseeker project?
- Would we already have a fair contract?
- Would we be growing instead of stagnating?
- Would management still be claiming pilots are “bankrupting” the company with a fair deal?
Our Executive Chairman and his handpicked board of directors have always loathed pilots.
“Going forward we and the industry will be paying more for the same product”. Maurice J Gallagher Jr. 2023 Letter to the Shareholders.
The Board of Directors may see you as a “product” or a “part number,” but you are what makes this airline work. Without two pilots, this “travel company” won’t generate a dime of revenue. It’s time to hold them accountable—because the next “pet project” they chase could actually bankrupt the airline.
You’ll receive the Vote of No Confidence survey email on Friday. Please take 5 minutes to let management know we are not part numbers or product. This is your chance to let management know we do not have any confidence they can navigate the treacherous waters in which they have placed us in.
Q: What’s the purpose of a Vote of No Confidence?
A: A Vote of No Confidence is a legitimate tool unions use to inform stakeholders that senior management has lost the support of those they are supposed to lead. In recent years, EasyJet, PSA, and Southwest have all issued VONCs to remove ineffective leadership.
EasyJet VONC
SouthWest VONC
PSA VONC
In Solidarity,
Captain Kevin Winter
Communications Committee
