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Allegiant Announces Eight New Routes with One-Way Fares as Low as $39*
Prnewswire· 2024-07-16 13:00
The Airline Offers New Low-Cost Travel Options to Popular Destinations in 13 CitiesLAS VEGAS, July 16, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced eight new nonstop routes to 13 cities around the country. To celebrate, the company is offering one-way fares on the new routes as low as $39.*The routes, launching in November, will provide convenient, affordable air service to premier vacation destinations. These additional routes come at a time of high demand. With many travele ...
Allegiant Travel Company Schedules Second Quarter 2024 Earnings Call
Prnewswire· 2024-07-11 21:30
LAS VEGAS, July 11, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its second quarter 2024 financial results conference call for Wednesday, July 31 at 4:30 p.m. EDT. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site.Allegiant – Together We Fly™Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated ...
ALLEGIANT REPORTS MAY 2024 TRAFFIC
Prnewswire· 2024-06-28 21:00
LAS VEGAS, June 28, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2024.Scheduled Service – Year Over Year ComparisonMay 2024 May 2023 Change Passengers 1,414,692 1,405,428 0.7 % Revenue passenger miles (000) 1,263,087 1,270,338 (0.6 %) Available seat miles (000) 1,489,477 1,478,396 0.7 % Load factor 84.8 % 85.9 % (1.1) pts Departures 9,615 9,489 1.3 % Average stage length (miles) 882 884 (0.2 %) Total System* - Year Over Year Compar ...
Allegiant Named by Customers as Best Low-Cost Airline in North America at the 2024 World Airline Awards
Prnewswire· 2024-06-26 13:00
LAS VEGAS, June 26, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named 2024's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organization.Allegiant's President Gregory C. Anderson received the award during Skytrax's World Airline Awards ceremony held in London earlier this week. The awards ceremony, considered the "Oscars of the aviation industry," recognizes airlines around the world for exceptional customer service."We are incredibly hono ...
Chief Information Officer Robert P. Wilson III Retires from Allegiant
Prnewswire· 2024-06-10 21:00
LAS VEGAS, June 10, 2024 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) announced Robert P. Wilson III will retire as the company's chief information officer effective July 1. "Rob has played an important role in helping Allegiant become the company it is today," said President Gregory C. Anderson. "On behalf of the entire team and the company, I want to thank Rob for his many years of service. His dedication and commitment over the years have been key in our success. One of his biggest acco ...
Why Is Allegiant Travel (ALGT) Up 1% Since Last Earnings Report?
ZACKS· 2024-06-07 00:36
It has been about a month since the last earnings report for Allegiant Travel (ALGT) . Shares have added about 1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Allegiant Travel due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at Allegiant in Q1Qua ...
Allegiant (ALGT) Posts Unimpressive April Traffic Numbers
ZACKS· 2024-05-30 23:41
Allegiant Travel Company (ALGT) recently reported disappointing traffic numbers for April 2024 due to the softness in air travel demand. Scheduled traffic (measured in revenue passenger miles) fell 13% from the April 2023 levels. Capacity (measured in available seat miles) for scheduled service declined 11% from the April 2023 reading. The load factor (percentage of seats filled by passengers) in April 2024 declined to 82.4% from 84.3% a year ago as the traffic decrease was more than the capacity contractio ...
ALLEGIANT REPORTS APRIL 2024 TRAFFIC
Prnewswire· 2024-05-29 21:00
LAS VEGAS, May 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2024.Scheduled Service – Year Over Year Comparison April 2024 April 2023 Change Passengers 1,328,010 1,511,309 (12.1 %) Revenue passenger miles (000)                  1,232,419 1,417,077 (13.0 %) Available seat miles (000) 1,495,665 1,680,635 (11.0 %) Load factor 82.4 % 84.3 % (1.9) pts Departures 9,296 10,468 (11.2 %) Average stage length (miles) 911 911 0.0 %  Tota ...
Allegiant Salutes our Military Members and Veterans with Benefits for Passengers and Team Members
Prnewswire· 2024-05-23 21:00
The airline offers exclusive benefits and support programs through various initiatives LAS VEGAS, May 23, 2024 /PRNewswire/ -- As Memorial Day approaches, Allegiant (NASDAQ: ALGT) proudly supports and celebrates our U.S. active duty military, retired military veterans, members of the National Guard, military reserve and their dependents by offering select complimentary services and career support programs. "Allegiant celebrates the selfless sacrifices made by our troops and veterans. In the face of unimagin ...
Allegiant (ALGT) Grapples With Rising Expenses and High Debt
zacks.com· 2024-05-23 03:36
Allegiant Travel Company (ALGT) is being hurt by rising operating expenses. The northward movement in labor expenses is also hurting ALGT’s bottom line by pushing up operating costs. In first-quarter 2024, total operating expenses rose 15.5% year over year.ALGT’s weak liquidity position is also concerning. At the end of first-quarter 2024, the company’s total unrestricted cash and investments were $853.7 million, much lower than the long-term debt and finance lease obligations (net of current maturities and ...