ALGT Stock Recent News
ALGT LATEST HEADLINES
For second consecutive year, Allegiant wins for its exceptional customer service LAS VEGAS , June 23, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named 2025's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organization. This is the second consecutive year Allegiant has won this award.
With inflation easing and consumer confidence rebounding, brokers favor stocks like BTSG, ALGT, CVI, ALTG and CBRL.
Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?
ALGT's April traffic jumps 17.4% year over year, but the load factor slips as capacity growth outpaces demand.
LAS VEGAS , May 30, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2025. Scheduled Service – Year Over Year Comparison April 2025 April 2024 Change Passengers 1,526,823 1,328,010 15.0 % Revenue passenger miles (000) 1,447,242 1,232,419 17.4 % Available seat miles (000) 1,802,989 1,495,665 20.5 % Load factor 80.3 % 82.4 % (2.1pts) Departures 11,010 9,296 18.4 % Average stage length (miles) 934 911 2.5 % Total System* – Year Over Year Comparison April 2025 April 2024 Change Passengers 1,543,689 1,344,077 14.9 % Available seat miles (000) 1,865,323 1,543,609 20.8 % Departures 11,433 9,637 18.6 % Average stage length (miles) 930 907 2.6 % *Total system includes scheduled service and fixed fee contract.
Escalated operating expenses do not bode well for ALGT. A weakening liquidity position also hurts the company's prospects.
The latest move is expected to boost ALGT's competitive position in the airline industry.
The Airline Offers New Low-Cost Travel Options to Popular Destinations in Eight Cities LAS VEGAS , May 21, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced five new nonstop routes to eight cities around the country. To celebrate, the company is offering one-way fares on the new routes as low as $39.
Passenger revenues at ALGT improve 6.3% year over year in the first quarter of 2025 and earnings per share surpass estimates.
ALGT, DELL and HPQ have been added to the Zacks Rank #5 (Strong Sell) List on May 7, 2025.