Welcome to our dedicated page for Allegiant Travel Company news (Ticker: $ALGT), a resource for investors and traders seeking the latest updates and insights on Allegiant Travel Company stock.
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Allegiant Travel Company (ALGT) introduces 10 new nonstop routes to 14 cities in the US, offering low-cost one-way fares starting at $45. The expansion aims to connect underserved markets with vacation destinations, emphasizing convenience and accessibility for travelers.
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0.74%
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Allegiant Travel Company (NASDAQ: ALGT) reported a GAAP diluted loss per share of $(0.13) for the fourth quarter of 2023. However, diluted earnings per share, excluding special charges, were $0.11 for the same period. The full-year 2023 GAAP diluted earnings per share were $6.29, while diluted earnings per share, excluding special charges, were $7.31. The Sunseeker Resort officially opened on December 15, 2023. The total operating revenue for the year 2023 was $2,509.9 million, with an operating expense of $2,288.9 million. Allegiant's chairman and CEO, Maurice J. Gallagher, Jr., expressed satisfaction with the 2023 performance, highlighting the company's commitment to delivering a reliable operation and the successful opening of Sunseeker Resort. He also emphasized the company's focus on restoring margins to historical levels and its ambitious plans to position itself as an integrated travel company. President Gregory Anderson highlighted the operational excellence that helped drive out nearly $100 million in irregular operations costs from the business, resulting in near industry-leading margins.
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-7.6%
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Allegiant Travel Company (NASDAQ: ALGT) has rescheduled its earnings conference call to Monday, February 5 at 3:00 p.m. EST. The live broadcast will be available through the company's Investor Relations website. Allegiant is an integrated travel company with a focus on connecting customers with world-class vacation destinations through nonstop flights and low fares.
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Allegiant Travel Company (NASDAQ: ALGT) reported its preliminary passenger traffic results for December 2023, fourth quarter 2023, and full year 2023. The company saw a decrease in passengers, revenue passenger miles, and available seat miles in December 2023 compared to the previous year. However, the full year 2023 results showed an increase in passengers, revenue passenger miles, and available seat miles. The company also provided estimated average fuel costs per gallon for December 2023, 4th quarter 2023, and full year 2023.
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Allegiant Travel Company (NASDAQ: ALGT) has scheduled its fourth quarter and full-year 2023 financial results conference call for Monday, February 5 at 12:30 p.m. EST. The company is an integrated travel company with a focus on connecting customers with world-class vacation destinations. Allegiant Air has low average fares and serves communities across the nation. The company's webcast of the conference call will be available through the Investor Relations website, and it will also be archived on the site.
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3.68%
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Allegiant Travel Company (NASDAQ: ALGT) reported a 9.2% increase in passengers, 7.7% increase in revenue passenger miles, and 10.5% increase in available seat miles for November 2023 compared to November 2022.
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0.84%
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Allegiant Travel Company (NASDAQ: ALGT) celebrates the opening of Sunseeker Resort Charlotte Harbor, a 22-acre hotel-resort in Southwest Florida, marking a major milestone in the company's evolution as an integrated travel company.
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Allegiant Travel Company (ALGT) refreshes inflight menu with top shelf alcoholic beverages and well-known brands like Don Julio Reposado Tequila, Ryder Estate Wines, and Grandma's Chocolate Chip Cookies. The company's flexibility and quick response to consumer trends set it apart in the industry.
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3.19%
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Allegiant Travel Company (NASDAQ: ALGT) has been ranked as a 2024 Four Star Low-Cost Carrier by the Airline Passenger Experience Association (APEX) for the fifth consecutive year. The award is based on passenger feedback from nearly one million flights on over 600 airlines worldwide.
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1.37%
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Allegiant Travel Company (ALGT) fulfilled the wish of a 14-year-old boy with a critical illness to be a pilot for a day through its partnership with Make-A-Wish. Since 2012, Allegiant has flown over 2,000 kids and their families to their wish destinations, donating more than $7 million to Make-A-Wish. The company also provides office space and donates a portion of in-flight snack sales to the organization.
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Allegiant Travel Company
Nasdaq:ALGT
ALGT Rankings
ALGT Stock Data
1.01B
14.51M
17.03%
86.57%
4.08%
Scheduled Passenger Air Transportation
Transportation and Warehousing
United States of America
LAS VEGAS
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