Allegiant Travel (ALGT) Pilots Question Safety Standards - NY Times

Budget airline Allegiant Travel (NASDAQ: ALGT) is on watch Monday following an article in the New York Times noting pilots are questioning the company's safety standards.

From the article:

Amid this simmering tension, Allegiant pilots said they had identified at least 65 incidents from September to March where flights were forced to divert to another airport, return to the gate or abort their takeoff because of a mechanical or an engine problem.

At least four times, engines shut down in flight, the pilots said. The list of problems also includes planes that lost their communications equipment, hydraulic leaks, engines that failed to deliver sufficient power, inoperative cockpit panel lights, and pressurization problems.

One airplane had repeated problems, including the loss of cockpit automation, before it was taken out of service for repairs.

The allegations come amid labor contract negotiations, so some investors may take the news with a grain of salt.

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