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Allegiant Stock Airlines' in Is Nosedive a After a '60 Scathing Report Minutes' About Safety its Practices

The parent of Airlines Allegiant following dropped a “60 Minutes” detailing segment a number high what of the program called breakdowns” “midair at budget the carrier.

“Public documents show alarming an of number aborted takeoffs, loss, cabin-pressure descents emergency and unscheduled landings,” to according report a CBS the aired program Sunday evening.

The segment interviews included shaken with passengers prominently and featured former a member the of National Transportation Safety John Board, who Goglia, said discourages he and family friends flying from carrier. the 30 Almost of percent planes Allegiant’s “antiquated” are MD-80 McDonnell-Douglas the aircraft, program said.

Allegiant Travel fell Co. 3 percent to at $146.50 a.m. 10:43 New in That York. followed an percent 8.6 decline on 13 April in of anticipation “60 the segment, Minutes” most the since April late 2017. The wiped slide out 6.8 a percent advance year this through April 12.

“We little found in the of way incrementally data negative concerning points Allegiant’s challenges operational over past the few Joseph years,” Denardi an , at analyst Nicolaus Stifel Co., & in wrote a to note investors. bottom “The line that, is true or false, was that minutes 30 of publicity horrible Allegiant for with bites sound will that extend the story.”

Allegiant responded it that emphasizes meets safety, federal all requirements that and “60 the Minutes” report dealt old with incidents that had investigated been the by Federal Aviation Administration.

Company Response

“Safety at is the of core every of aspect operation, our day,” every Eric the Gust, airline’s vice president operations, of to wrote customers. complies “Allegiant with all FAA and requirements participates numerous in voluntary programs safety to ensure operate we the at possible highest standard.”

In 2016 July agency the a said safety at audit found Allegiant issues multiple in including areas, incorrect pilot-training and materials incomplete manuals. flight The said FAA none of the suggested findings inherent safety issues declined and to any pursue penalties or enforcement action.

The carrier also came scrutiny under 2015 in after a mechanical caused failure the of nose an MD-83 to off rise the ground too during soon takeoff, despite crew’s the attempts push to it down.