Workflow
Allegiant to Launch New Flights for Boosting Connectivity
ALGTAllegiant Travel(ALGT) ZACKS·2025-05-21 16:46

Core Viewpoint - Allegiant Travel Company is expanding its network by introducing five new nonstop routes to eight cities, offering low-cost travel options with one-way fares starting as low as 39[1][2].Group1:NewRoutesThenewroutetoFortLauderdaleHollywoodInternationalAirport(FLL)includesSouthBend,IN,startingAugust29,2025,withonewayfaresaslowas39 [1][2]. Group 1: New Routes - The new route to Fort Lauderdale-Hollywood International Airport (FLL) includes South Bend, IN, starting August 29, 2025, with one-way fares as low as 59 [3]. - New routes to McGhee Tyson Airport (TYS) in Tennessee include Memphis, TN, starting September 4, 2025, with one-way fares as low as 39,andKeyWest,FL,startingOctober3,2025,withonewayfaresaslowas39, and Key West, FL, starting October 3, 2025, with one-way fares as low as 49 [4]. - New routes to Gulf Shores International Airport (GUF) in Alabama include Appleton, WI, starting October 2, 2025, with one-way fares as low as 59,andDesMoines,IA,startingOctober3,2025,withonewayfaresaslowas59, and Des Moines, IA, starting October 3, 2025, with one-way fares as low as 59 [5]. Group 2: Marketing Strategy - Allegiant is targeting football fans with limited-time flights to Las Vegas for the NFL season, available on a first-come, first-served basis [6]. - The company anticipates high demand for these specialty flights, which have been popular in previous NFL seasons [7]. Group 3: Stock Performance - Allegiant Travel Company is currently rated Zacks Rank 5 (Strong Sell) in the airline industry, indicating potential challenges in its stock position [7]. - Investors in the Transportation sector may also consider Copa Holdings (CPA) and Ryanair (RYAAY), both rated Zacks Rank 1 (Strong Buy) [8].