Halfway through 2023, U.S. airlines have focused on capacity restoration and surging demand—now many are eying optimization and better efficiency.

The bonus would be paid out once Allegiant and its more than 1,000 pilots forge a new collective bargaining agreement.

Although JetBlue has made significant cuts to its 2023 earnings outlook, its operating revenue in Q2 grew 6.7% year-on-year to $2.6 billion.