Allegiant Travel Company (ALGT)
ALGT Price and Sentiment
ALGT Latest news
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.
Allegiant's (ALGT) load factor expands 13.1 points year over year to 70.5% in September 2021.
LAS VEGAS, Oct. 18, 2021 /PRNewswire/ -- The Board of Directors of Allegiant Travel Company (NASDAQ: ALGT) today announced Sandra Douglass Morgan as its newest member. Morgan, an attorney and former regulator, is currently the owner and manager of Douglass Morgan, LLC, a legal and consulting firm, and is the immediate past chairwoman of the Nevada Gaming Control Board.
Allegiant Travel Company (NASDAQ: ALGT) September 2021 total system passengers increased 3.7% to 829,029, versus September 2019. Total system passengers improved 71.5% Y/Y, while Available seat miles improved 42.9% and Departures rose 42.2%.
MINNEAPOLIS, Oct. 14, 2021 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment manager with 16 years of experience investing in asset-rich opportunities, announced today it has provided a loan to Sunseeker, a wholly-owned subsidiary of Allegiant Travel Company (NASDAQ: ALGT), an integrated travel company with the world's leading ultra-low-cost carrier at its core.
LAS VEGAS, Oct. 14, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September 2021 as well as third quarter 2021. "We finished the quarter with capacity up just over 14 percent as compared with 2019," stated Gregory Anderson, executive vice president and chief financial officer.
LAS VEGAS, Oct. 13, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2021 financial results conference call for Wednesday, October 27 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.
Goldman Sachs analyst Catherine O'Brien downgraded JetBlue Airways, American Airlines and lowered the Price Target for Allegiant Travel and Spirit Airlines. O'Brien remains positive on the path to profitability recovery for the airlines over the medium-term but reduced December quarter and 2022 outlooks as she mark-to-markets for fuel and a worse short-term revenue environment than previously expected.
Allegiant Offers Special In-Flight Fundraiser During Breast Cancer Awareness Month; Proceeds will Benefit National Breast Cancer Foundation2021-09-29 12:53
LAS VEGAS, Sept. 29, 2021 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that, through October, it will donate a portion of proceeds from the sale of pink in-flight refreshments to the National Breast Cancer Foundation, Inc.® (NBCF).
Airline stocks are widely viewed as major beneficiaries of a global reopening. But some carriers look better than others, especially in the face of Delta-variant turbulence.