Shares of Allegiant Travel Company (ALGT) performed well on the bourse on Sept. 20, 2024, closing the trading session at $45.81 per share, up 6.39% from the previous day's closing. The upside was owing to the improved third-quarter 2024 guidance revealed by the company on the back of upbeat travel demand.ALGT now anticipates its third-quarter capacity (measured in available seat miles) for scheduled service to increase 1.6% on a year-over-year basis. This marks an improvement from the prior expectation to i ...

LAS VEGAS, Sept. 20, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2024."As we have progressed through the third quarter, we have continued to observe a strong demand environment," noted Drew Wells, Chief Commercial Officer of Allegiant Travel Company. "While we expected the year-over-year unit revenue cadence to improve through the end of the quarter, the environment has certainly outperformed our initial expectations. Although ...

LAS VEGAS, Sept. 5, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that Scott DeAngelo, executive vice president and chief marketing officer, has resigned. His last day with the company will be Sept. 30.DeAngelo joined the company in 2018 and immediately set to work establishing a marketing and advertising strategy that has led to multiple awards and recognitions, including USA TODAY's Readers' Choice Awards for Best Airline Credit Card and Best Frequent Flyer Program."We are grateful to Scot ...

It is a well-documented fact that inflation in the United States has been cooling over the past few months. The favorable inflation readings have made market watchers hopeful of a rate cut soon. Lower interest rates bring down borrowing costs, boosting economic growth. Healthy economic data released recently also bode well.To take advantage of this brightening picture, investors are advised to have broker-favored stocks like AdvanSix (ASIX) , Allegiant Travel Company (ALGT) , CVR Energy (CVI) , Warner Bros. ...

Allegiant Travel Company (ALGT) recently reported disappointing traffic numbers for July 2024. Scheduled traffic (measured in revenue passenger miles) fell 1.7% from the July 2023 levels. Capacity (measured in available seat miles) for scheduled service grew 2.4% year over year. As traffic failed to outpace capacity expansion, the load factor (percentage of seats filled by passengers) in July 2024 declined to 87.5% from 91.2% a year ago.Total departures (scheduled services) improved 2.7% in July 2024 from a ...

LAS VEGAS, Aug. 20, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for July 2024.Scheduled Service – Year Over Year ComparisonJuly 2024 July 2023 Change Passengers 1,897,963 1,934,464 (1.9 %) Revenue passenger miles (000) 1,683,321 1,711,901 (1.7 %) Available seat miles (000) 1,923,205 1,877,266 2.4 % Load factor 87.5 % 91.2 %  (3.7pts) Departures 12,580 12,252 2.7 % Average stage length (miles) 870 867 0.3 %   Total System* - Year Over Year ...

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.Below are the ratings of the most accurate analysts for three high-y ...

Allegiant Rewards Visa® Is Top Ranked For Sixth Consecutive Year LAS VEGAS, Aug. 7, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) travelers have spoken, and their customer satisfaction and loyalty has propelled the airline to new heights once again. The premier airline for leisure travel, connecting small to medium-sized cities to top vacation destinations, has been named as the number one Best Airline Credit Card and Best Frequent Flyer program in USA TODAY's 10Best 2024 Readers' Choice Awards.This is the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 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 ...

Allegiant Travel Company (NASDAQ:ALGT) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Sherry Wilson – Managing Director-Investor Relations Maury Gallagher – Executive Chairman and Chief Executive Officer Greg Anderson – President and Incoming Chief Executive Officer Scott DeAngelo – Executive Vice President and Chief Marketing Officer Drew Wells – Senior Vice President and Chief Revenue Officer Robert Neal – Senior Vice President and Chief Financial Officer Micah Richins – Pr ...