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Allegiant's sale of Sunseeker Resort, though at a loss, removes a major earnings drag and clarifies the investment case. The airline business faces typical industry risks but is positioned for efficiency gains with the Boeing 737 MAX fleet expansion. Despite sector-wide skepticism, Allegiant's low leverage and improved focus create a speculative buy opportunity with significant upside potential.
LAS VEGAS , Aug. 14, 2025 /PRNewswire/ -- The pilots of Allegiant Air (NASDAQ: ALGT), represented by the International Brotherhood of Teamsters Local 2118, announced today that they are preparing to hold a formal Vote of No Confidence in Allegiant's current management team and its Board of Directors. The decision comes after years of repeated failures, poor strategic decisions, and reckless spending by company leadership — actions that pilots say threaten the long-term health and stability of the airline, regardless of the outcome of ongoing contract negotiations.
LAS VEGAS , Aug. 13, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT), known for its commitment to convenient, nonstop air travel, today announced the addition of Atlantic City, New Jersey to the airline's growing network. Strengthening their position as a leader in leisure travel, Allegiant will serve four routes that connect popular coastal destinations.
LAS VEGAS , Aug. 12, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced five new nonstop routes connecting eight cities nationwide, including new service to Huntsville, Alabama via Huntsville International Airport (HSV). To celebrate, the company is offering one-way fares on the new routes as low as $39.
ALGT's second-quarter 2025 earnings decline year over year while revenues improve.
ALGT, CRNT and FG have been added to the Zacks Rank #5 (Strong Sell) List on August 7, 2025.
Allegiant's Allways Rewards Visa® and Allways Rewards Program Ranks No. 1 for Second Consecutive Year LAS VEGAS , Aug. 6, 2025 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) has once again claimed top honors in USA TODAY's 10Best 2025 Readers' Choice Awards, earning the No.
Allegiant Travel Company (NASDAQ:ALGT ) Q2 2025 Earnings Conference Call August 4, 2025 4:30 PM ET Call Participants Drew Wells - Executive VP, Chief Revenue Officer & Chief Commercial Officer Gregory Clark Anderson - President, CEO & Director Robert J. Neal - Executive VP & CFO Sherry Wilson - Managing Director of Investor Relations Conference Call Participants Andrew George Didora - BofA Securities, Research Division Atul Maheswari - UBS Investment Bank, Research Division Christopher Nicholas Stathoulopoulos - Susquehanna Financial Group, LLLP, Research Division Conor T.
Although the revenue and EPS for Allegiant Travel (ALGT) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Allegiant Travel (ALGT) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $1.77 per share a year ago.