Allegiant Air Is Bleeding Red Ink So Why Is It Optimistic?

 P. Pigeyre  / Airbus

Allegiant lost a lot of money in the second quarter but is optimistic about the future. P. Pigeyre / Airbus

Skift Take: Allegiant said it saw the “end of history” on March 1, but its focus on domestic, primarily leisure flights gives it cause for optimism. Still, the airline doesn’t think a meaningful recovery will occur until sometime next year at the earliest.

— Madhu Unnikrishnan

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Wyndham Achieves Pandemic Rarity for Hotel Industry: Profitability

Wyndham Hotels & Resorts

Wyndham is back to profitability after posting a $174 million loss in the second quarter, believed to be the worst from the pandemic. Wyndham Hotels & Resorts

Skift Take: Wyndham snapped quickly back to profitability from pandemic losses, but there is still plenty of work ahead to get back to 2019 performance levels.

— Cameron Sperance

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