Allegiant Travel Company (ALGT) reported traffic numbers for February 2024.  Scheduled traffic (measured in revenue passenger miles) grew 0.4% from February 2023 levels. Capacity (measured in available seat miles) for scheduled service improved 2.1% from February 2023 reading. The load factor (percentage of seats filled by passengers) in February 2024 came in at 84%.Total departures (scheduled services) grew 0.2% in February 2024 from its year-ago levels. Moreover, its average stage length (miles) improved ...

LAS VEGAS, March 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for February 2024. "First quarter demand continued the trend of outperformance during peak weeks offset by a normalized off-peak demand profile," stated Drew Wells, Allegiant chief revenue officer. "Unitized revenue during the last two weeks of March exceeded prior year, highlighting continued demand strength. First quarter TRASM will come in slightly lower than initial expe ...

LAS VEGAS, March 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) and The Transport Workers Union of America, AFL-CIO Local 577 announce they have reached a tentative agreement on all remaining open issues for the successor to the parties' first collective bargaining agreement. The parties' first collective bargaining agreement became amendable on December 21, 2022, and Allegiant and the TWU were able to secure the new five-year tentative agreement in just over a year and a half of bargaining by building o ...

Allegiant Travel (ALGT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this travel services company have returned -16.7% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Transportation - Airline industry, to which Allegiant belongs, has lost 0.8% over this period. Now the key question is: Where could the stock be headed in the near term?While ...

Passengers can now enjoy more familiar favorites and brand new offerings LAS VEGAS, March 14, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) invites passengers to indulge in its new Spring inflight menu options. This update, designed to enhance the onboard experience, includes familiar favorites and brand-new offerings, ensuring a delightful journey for travelers. "Our goal with this menu update is to strike a perfect balance between beloved staples and exciting new discoveries," said Keny Wil ...

In the latest market close, Allegiant Travel (ALGT) reached $72.49, with a -0.67% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.65%. At the same time, the Dow lost 0.18%, and the tech-heavy Nasdaq lost 1.16%.The travel services company's shares have seen a decrease of 6.36% over the last month, not keeping up with the Transportation sector's gain of 2.19% and the S&P 500's gain of 3.4%.Investors will be eagerly watching for the performance of Allegiant Travel in its ...

Allegiant Travel (ALGT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this travel services company have returned -7.9% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Transportation - Airline industry, to which Allegiant Travel belongs, has gained 5.8% over this period. Now the key question is: Where could the stock be headed in the n ...

Allegiant Travel Company (ALGT) capitalizes on robust air travel demand and continuous fleet expansion, fueling its success. However, elevated labor and fuel expenses are impeding bottom-line progress.Factors Favoring ALGTAmid a robust surge in air travel demand, ALGT has been consistently sharing positive traffic numbers over the past few months. Passenger revenues, which accounted for the bulk (93%) of the top line, increased 8.7%, and operating revenues were up 9% on a year-over-year basis in 2023.The co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number 001-33166 Allegiant Travel Company (Exact Name of Registrant as Specified in Its Charter) Nevada 20-4745737 (State or Other Juri ...

Allegiant Travel Company (ALGT) reported disappointing traffic numbers for January 2024.  Scheduled traffic (measured in revenue passenger miles) fell 2.3% from January 2023 levels. Capacity (measured in available seat miles) for scheduled service improved 0.6% from January 2023 reading. The load factor (percentage of seats filled by passengers) in January 2024 was 80.7%.Total departures (scheduled services) fell 0.8% in January 2024 from its year-ago levels. However, its average stage length (miles) improv ...