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LAS VEGAS , June 28, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2024. Scheduled Service – Year Over Year Comparison May 2024 May 2023 Change Passengers 1,414,692 1,405,428 0.7 % Revenue passenger miles (000) 1,263,087 1,270,338 (0.6 %) Available seat miles (000) 1,489,477 1,478,396 0.7 % Load factor 84.8 % 85.9 % (1.1) pts Departures 9,615 9,489 1.3 % Average stage length (miles) 882 884 (0.2 %) Total System* - Year Over Year Comparison May 2024 May 2023 Change Passengers 1,428,599 1,417,520 0.8 % Available seat miles (000) 1,538,208 1,527,737 0.7 % Departures 9,976 9,828 1.5 % Average stage length (miles) 877 881 (0.5 %) *Total system includes scheduled service and fixed fee contract.
LAS VEGAS , June 26, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named 2024's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organization. Allegiant's President Gregory C.
LAS VEGAS , June 10, 2024 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) announced Robert P. Wilson III will retire as the company's chief information officer effective July 1.
Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?
Allegiant's (ALGT) load factor for April 2024 drops to 82.4%, reflecting a decline of 1.9 points year over year.
LAS VEGAS , May 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2024. Scheduled Service – Year Over Year Comparison April 2024 April 2023 Change Passengers 1,328,010 1,511,309 (12.1 %) Revenue passenger miles (000) 1,232,419 1,417,077 (13.0 %) Available seat miles (000) 1,495,665 1,680,635 (11.0 %) Load factor 82.4 % 84.3 % (1.9) pts Departures 9,296 10,468 (11.2 %) Average stage length (miles) 911 911 0.0 % Total System* - Year Over Year Comparison April 2024 April 2023 Change Passengers 1,344,077 1,524,420 (11.8 %) Available seat miles (000) 1,543,609 1,720,040 (10.3 %) Departures 9,637 10,752 (10.4 %) Average stage length (miles) 907 908 (0.1 %) *Total system includes scheduled service and fixed fee contract.
The airline offers exclusive benefits and support programs through various initiatives LAS VEGAS , May 23, 2024 /PRNewswire/ -- As Memorial Day approaches, Allegiant (NASDAQ: ALGT) proudly supports and celebrates our U.S. active duty military, retired military veterans, members of the National Guard, military reserve and their dependents by offering select complimentary services and career support programs. "Allegiant celebrates the selfless sacrifices made by our troops and veterans.
DDD, ADNT and ALGT have been added to the Zacks Rank #5 (Strong Sell) List on May 21, 2024.
U.S. airlines are looking at fairly blue skies this summer, with legacy air carriers likely to fare better than low-cost airlines as they may catch tailwinds from the Paris Summer Olympics and the stronger demand for international travel.
Allegiant's (ALGT) first-quarter 2024 earnings decrease year over year while revenues increase.