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ALLEGIANT SECURES SPOT ON THE WALL STREET JOURNAL'S 2023 LIST OF TOP AIRLINES

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Allegiant (ALGT) secures a top spot in The Wall Street Journal's list of top airlines for 2023, highlighting its exceptional value and quality services. The airline ranks third overall and first among Ultra-Low-Cost Carriers (ULCC). Allegiant boasts a 99.8% controllable completion rate and only 1.72 mishandled bags per 1,000 passengers, well below the industry average. The airline did not involuntarily bump any passengers in 2023, contributing to its recognition.
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Ultra-low-cost carrier recognized for excellence in passenger satisfaction

LAS VEGAS, Feb. 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) is thrilled to announce its recognition in The Wall Street Journal's annual list of top airlines. This acknowledgment highlights Allegiant's unique position in providing exceptional value and quality services within the aviation industry.

Allegiant, which ranked third on the list, finished as the top ULCC.

Earning a top position on The Wall Street Journal's esteemed list is a testament to Allegiant's dedication to providing unparalleled value and top-notch service to its customers. The airline boasted impressive operations, achieving a 99.8 percent controllable completion rate, second in the industry. However, Allegiant is number one in the industry at handling baggage, mishandling only 1.72 bags per 1,000 passengers, well below the industry average of 6.37. The airline also did not involuntarily bump a single passenger in 2023. Both categories played a significant role in the Wall Street Journal's recognition.

"We are so proud to be recognized as one of the top airlines in the U.S by the Wall Street Journal. Allegiant's unique business model and the role we play in the communities we serve has knitted us into the fabric of the nation's leisure travel industry," said Gregory C. Anderson, Allegiant president. "Our broad network of 550 routes provides our leisure customers with affordable, nonstop flights to visit the people and places that matter most. This achievement highlights our Team's unwavering dedication to delivering value, reliability and quality service to our leisure customers."

Allegiant's business model focuses on connecting small markets to popular vacation destinations. This strategy continues to be a key differentiator that separates the airline from other carriers. Additionally, Allegiant travelers do not have to manage layover and connections, as the airline operates all nonstop flights.

The airline's recognition by The Wall Street Journal reaffirms Allegiant's mission to reshape the leisure travel space. Their commitment to providing an exceptional travel experience at an affordable price point establishes Allegiant as a leader in the travel industry.

To view the full story, visit the Wall Street Journal. For flight days, times and the lowest fares, visit allegiant.com.

Allegiant – Together We Fly™

Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF

Media Contact
Phone: 702-800-2020
Email: mediarelations@allegiantair.com

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SOURCE Allegiant Travel Company

FAQ

What position did Allegiant (ALGT) secure in The Wall Street Journal's list of top airlines for 2023?

Allegiant ranked third overall and finished as the top Ultra-Low-Cost Carrier (ULCC).

What was Allegiant's (ALGT) controllable completion rate in 2023?

Allegiant achieved an impressive 99.8% controllable completion rate, second in the industry.

How many mishandled bags per 1,000 passengers did Allegiant (ALGT) have in 2023?

Allegiant only had 1.72 mishandled bags per 1,000 passengers, significantly lower than the industry average of 6.37.

Did Allegiant (ALGT) involuntarily bump any passengers in 2023?

No, Allegiant did not involuntarily bump any passengers in 2023.

What is Allegiant's (ALGT) business model focused on?

Allegiant's business model focuses on connecting small markets to popular vacation destinations with nonstop flights, eliminating layovers and connections.

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About ALGT

allegiant is more than an airline, it’s an innovative travel company dedicated to providing the best travel deals to its to its customers. linking small u.s. cities to world-class leisure destinations such as florida, las vegas, phoenix, california, hawaii, and myrtle beach, s.c., allegiant provides low-cost travel packages that include not only air, but hotel, rental car and entertainment tickets. allegiant was founded in 1997 in fresno, calif. in december 2000, allegiant filed for bankruptcy and maurice j. gallagher jr., the major creditor of the airline, gained control of the business during reorganization. in june 2001, gallagher restructured the airline to a low-cost model and moved the headquarters and operations to las vegas, where they remain today. allegiant’s unique strategy has allowed the company to remain profitable every quarter since 2003 despite industry challenges that include fluctuating fuel costs and an unstable economy. allegiant became a public company in dece