ALGT Stock Recent News

Company engages Prospect Hotel Advisors for their specialized expertise LAS VEGAS , July 31, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today it has retained global hospitality asset management firm Prospect Hotel Advisors, LLC to conduct a strategic review of its hotel, Sunseeker Resort Charlotte Harbor. The recently opened resort, located in Southwest Florida, is a wholly owned subsidiary of Allegiant Travel Company and is Florida's premier gulf coast oasis, offering magnificent views, amazing pools, world class restaurants, championship golf, a full-service spa and many other amenities.

High fuel costs are likely to have hurt Allegiant Travel's (ALGT) bottom-line performance in Q2.

LAS VEGAS , July 25, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2024. Scheduled Service – Year Over Year Comparison June 2024 June 2023 Change Passengers 1,830,067 1,802,886 1.5 % Revenue passenger miles (000) 1,612,782 1,590,984 1.4 % Available seat miles (000) 1,862,875 1,766,164 5.5 % Load factor 86.6 % 90.1 % (3.5 pts) Departures 12,217 11,530 6.0 % Average stage length (miles) 868 868 0.0 % 2 nd Quarter 2024 2 nd Quarter 2023 Change Passengers 4,572,769 4,719,623 (3.1 %) Revenue passenger miles (000) 4,108,288 4,278,399 (4.0 %) Available seat miles (000) 4,848,017 4,925,194 (1.6 %) Load factor 84.7 % 86.9 % (2.2 pts) Departures 31,128 31,487 (1.1 %) Average stage length (miles) 885 887 (0.2 %) Total System* - Year Over Year Comparison June 2024 June 2023 Change Passengers 1,849,172 1,814,041 1.9 % Available seat miles (000) 1,931,393 1,805,699 7.0 % Departures 12,639 11,816 7.0 % Ave

ALGT, CRC and MP have been added to the Zacks Rank #5 (Strong Sell) List on July 25, 2024.

Allegiant Travel (ALGT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Anderson brings immense experience to the table, having joined Allegiant Travel (ALGT) in 2010.

Maurice J. Gallagher to transition to Executive Chairman LAS VEGAS , July 18, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today that Gregory C. Anderson has been named CEO and President of the Company succeeding Maurice J.

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 13 Cities LAS 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.

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.

Allegiant's (ALGT) load factor for May 2024 came in at 84.8%.