Allegiant Travel CO (ALGT) Allegiant Travel Company, founded in 1997 and headquartered in Las Vegas, Nevada, operates as a leisure travel provider primarily catering to residents in smaller, under-served cities across the United States. The company specializes in offering direct, infrequent flights connecting these communities to popular vacation destinations. As of February 14, 2022, its aviation operations utilized a fleet of 110 Airbus A320 series airplanes. Beyond core airfare, Allegiant generates revenue from a variety of ancillary air-related offerings, including checked baggage charges, preferred seating, travel insurance, expedited boarding, service fees, onboard refreshments, and support for bookings via its call center. The company further broadens its services by providing third-party travel arrangements such as hotel accommodations and ground transport options, including car rentals and hotel shuttle services. Additionally, Allegiant engages in fixed-fee air transportation contracts and offers both regular and on-demand charter flights. Uniquely, its business portfolio also encompasses the operation of a golf course.
Sector: Air Transportation, Scheduled
Industry: Airlines, Airports & Air Services
Allegiant Travel Company NASDAQ:ALGT Industrials · Airlines, Airports & Air Services
CLOSED · Nov 6 +5.00%$91.97 CLOSED · Nov 6 Prev close $87.59 +5.00%Close $91.97 0.00% AH close $91.97 VOL 825K $ Vol $76.19M RVOL 1.54x
Mkt Cap $2.51B
VOL 825K sh
$ Vol $76.19M
RVOL 1.54×
Press Release ● Major ⚠ 4
ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2026 FINANCIAL RESULTS
Allegiant Travel reported Q3 2026 revenue of $961.6M, up 71.1% year over year, with GAAP diluted loss per share of $(0.56) and a near-breakeven adjusted loss of $(0.03) per share.
Adjusted operating margin expanded 340 basis points on a pro forma basis to 3.1% despite a 55.5% jump in fuel cost per gallon, as record TRASM of 14.18 cents (+28.3% pro forma) and a nearly 6% capacity reduction protected pricing.
The company reaffirmed full-year 2026 adjusted EPS guidance above $6.00 and guided Q4 adjusted EPS of $1.00-$1.50 with 6.0-7.0% adjusted operating margin, while net debt stands at $2.1B against $1.1B of liquidity.
CEO Greg Anderson highlighted 23.6% growth in co-brand credit card remuneration, the new Expedia partnership, and continued Sun Country integration, with an Investor Day set for December 7.
• 4d ago AI analysis › Press Release
Allegiant Partners with UNLV's College of Hospitality to Launch Customer Experience Training for Flight Attendants
Allegiant announced a partnership with UNLV's William F. Harrah College of Hospitality to deliver a customized two-day customer experience training program to its flight attendants.
The program launches in November with a rollout at East Coast bases before expanding network-wide through Spring 2027, and comes as Allegiant integrates Sun Country Airlines following the May 13, 2026 acquisition close.
The combined carrier operates nearly 200 aircraft serving almost 175 cities and approximately 22 million annual customers. This is a soft corporate-branding announcement with no financial or operational guidance attached.
• 6d ago AI analysis › Press Release
Allegiant Announces Resignation of Board Member Jude Bricker
Allegiant Travel Company accepted the resignation of director Jude Bricker, effective immediately, as he pursues other opportunities within the industry.
Bricker joined the board upon the closing of the Sun Country Airlines acquisition in May 2026 and previously served as Sun Country's CEO from 2017.
Chairman Maurice J. Gallagher thanked Bricker and said the board remains united in its commitment to the company's mission and strategic priorities.
• 12d ago AI analysis › Press Release
ALLEGIANT TRAVEL COMPANY SCHEDULES THIRD QUARTER 2026 EARNINGS CALL
Allegiant Travel Company has scheduled its third quarter 2026 financial results conference call for Wednesday, November 4 at 4:30 p.m. EST.
The call will be webcast live on the company's investor relations website and archived in the Events & Presentations section.
The release contains no financial results or guidance; per boilerplate language it also references Sun Country Airlines, with the combined operation serving approximately 22 million annual customers across more than 650 routes.
• 20d ago AI analysis › Press Release ⚠ 2
Allegiant Wins Top Award as the Best Low-Cost Airline in North America at 2026 World Airline Awards
Allegiant was named 2026's Best Low-Cost Airline in North America by Skytrax at the World Airline Awards — its third consecutive year winning the honor, an award ceremony known in the industry as the "Oscars of aviation."
The ranking is based on Skytrax's passenger satisfaction survey, the largest in the industry, with 24.8 million eligible entries from more than 100 customer nationalities collected between September 2025 and August 2026.
The win comes mid-integration with Sun Country Airlines, which took the same honor in 2023; the combined carrier runs nearly 200 aircraft serving almost 175 cities, but the two still operate under separate brands and booking systems while Allegiant pursues a single operating certificate, with full integration expected over the next two years.
Allegiant also points to broader validation — #2 U.S. airline overall in The Wall Street Journal's 2025 rankings and a top-three finish (#1 among ultra-low-cost carriers) in J.D. Power's North America Airline Satisfaction Study.
• 1mo ago AI analysis › Press Release
Allegiant Announces Two New Nonstop Routes Connecting Flint-Area to Premier Florida Destinations
Allegiant launched two new year-round nonstop routes from Flint Bishop International Airport to Orlando and Fort Myers, with introductory fares starting at $69.
The carrier also added flight frequencies to existing routes connecting Flint to Sarasota and St. Pete-Clearwater to meet leisure travel demand.
Management emphasized the expansion provides greater flexibility and value for travelers seeking affordable vacation options.
• 2mo ago AI analysis › Press Release
Allegiant Pledges $20,000 to Dolly Parton Children's Hospital in Knoxville, Tennessee
Allegiant Travel Company pledged $20,000 to the Dolly Parton Children's Hospital in Knoxville, Tennessee, located near its McGhee Tyson Airport crew base.
The airline will also support the hospital's employee recognition program by providing flight vouchers for staff honored monthly through the Daisy, Sunflower, Lily and Bee Awards.
This initiative expands on Allegiant's relationship with the East Tennessee community, which includes operating a crew base in Knoxville and launching special themed flights in partnership with Dollywood.
• 2mo ago AI analysis › Press Release
Allegiant Announces Nine New Nonstop Routes, Expanding Spring Travel Options
Allegiant Travel Company announced nine new nonstop routes focused on leisure destinations in Florida, including seven hyper-seasonal routes for spring 2027.
The expansion includes a year-round route between Cincinnati (CVG) and Orlando (MCO) with introductory fares starting at $49 one-way, plus a seasonal route between Grand Forks (GFK) and Sanford (SFB).
New hyper-seasonal services will connect Boston and Providence to several Florida airports, operating from February through April 2027 to capture peak spring break demand.
• 2mo ago AI analysis › Press Release
Allegiant Airline Credit Card and Frequent Flyer Program Extend Years-Long Winning Streak in USA TODAY's Readers' Choice Awards
Allegiant's Allways Rewards Visa and Allways Rewards frequent flyer program were named No. 1 in USA TODAY's 10Best Readers' Choice Awards for best airline credit card and frequent flyer program, respectively.
The credit card secured the top spot for the eighth consecutive year, while the loyalty program won for the third straight year and fourth time overall.
CCO Drew Wells noted the recognition reflects the company's commitment to customer value as the program celebrates its 10th anniversary.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
ALLEGIANT TRAVEL COMPANYSECOND QUARTER 2026 FINANCIAL RESULTS*
Allegiant Travel Company reported Q2 2026 consolidated revenue of $943.5 million, up 36.9% year-over-year, including results from the recently acquired Sun Country Airlines. Adjusted diluted EPS surged 78% to $2.19, significantly beating guidance, while GAAP EPS reported a loss of $(0.21) due to one-time acquisition and integration costs.
Operational performance remained resilient with standalone Allegiant revenue growing 16.1% to a record $776.2 million on reduced capacity, expanding adjusted operating margins by 0.4 points to 9.0% despite a 73% increase in fuel costs.
Management raised full-year 2026 guidance for adjusted EPS to more than $6.00, citing strong leisure demand and successful integration progress. The balance sheet remains solid with $1.3 billion in total liquidity and net debt of $1.7 billion.
• 3mo ago AI analysis › Press Release
Allegiant Adds Free Drinks, Introduces New Class of Premium Seating
Allegiant announced that starting August 1, all passengers will receive complimentary soft drinks, juice, and water, while Visa cardholders get access to elevated options including alcohol up to a $16 value.
Slated for a spring 2027 debut, the new 'Allegiant First' premium cabin will feature eight seats with a 37-inch pitch, priority boarding, and included checked bags to enhance ancillary revenue.
The initiative supports the broader commercial strategy to integrate offerings with Sun Country Airlines and provide more flexibility for leisure travelers.
• 3mo ago AI analysis › Press Release
ALLEGIANT TRAVEL COMPANY SCHEDULES SECOND QUARTER 2026 EARNINGS CALL
Allegiant Travel Company scheduled its second quarter 2026 earnings conference call for Tuesday, August 4, at 4:30 p.m. EDT.
A live broadcast of the call will be available on the company's Investor Relations website, with an archived version to follow.
The company operates as an integrated travel provider with an airline focus, serving small-to-medium cities.
• 3mo ago AI analysis › Press Release
Expedia Group becomes Allegiant's first-ever authorized OTA partner
Allegiant Travel Company entered a 12-month exclusive strategic partnership with Expedia Group, marking the airline's first-ever authorized online travel agency (OTA) relationship.
Under the agreement, Allegiant's full network of 566 routes across 124 U.S. cities will be available across all of Expedia's U.S. consumer brands, significantly expanding the leisure carrier's discoverability.
Chief Commercial Officer Drew Wells highlighted the deal as a meaningful step in Allegiant's distribution evolution, providing access to Expedia's demand and marketplace capabilities.
• 3mo ago AI analysis › Press Release ● Major
ALLEGIANT TRAVEL COMPANY ISSUES SENIOR SECURED NOTES
Allegiant Travel Company closed a private offering of $650 million in aggregate principal amount of 7.125% Senior Secured Notes due 2031.
The company used the net proceeds to purchase $377.5 million in principal amount of its 7.25% Senior Secured Notes due 2027 and expects to redeem the remaining $25.5 million in the third quarter of 2026.
The new notes are secured by substantially all assets excluding aircraft, engines, and real property, and they also secure the company's currently undrawn $150 million revolving credit facility.
• 4mo ago AI analysis › Press Release ⚠ 1
ALLEGIANT TRAVEL COMPANY ANNOUNCES EARLY TENDER RESULTS AND RECEIPT OF CONSENTS FROM THE HOLDERS OF A MAJORITY OF THE OUTSTANDING PRINCIPAL AMOUNT OF ITS 7.250% SENIOR SECURED NOTES DUE 2027
Allegiant Travel Company received valid tenders for $377.5 million of its 7.250% Senior Secured Notes due 2027, representing approximately 94% of the outstanding principal amount.
Holders representing a majority of the notes consented to amendments that eliminate most restrictive covenants and reduce the redemption notice period to three business days, enhancing the company's operational flexibility.
Settlement is expected on June 24, 2026, contingent upon the company completing one or more debt financings, with early tender holders receiving total consideration of $1,005 per $1,000 principal amount.
• 4mo ago AI analysis › Press Release
ALLEGIANT TRAVEL COMPANY PRICES UPSIZED $650 MILLION OFFERING OF SENIOR SECURED NOTES
Allegiant Travel Company priced a $650 million offering of 7.125% Senior Secured Notes due 2031 at 99.479% of par.
The offering was upsized by $150 million from the initial $500 million target, indicating strong investor demand.
Proceeds will primarily refinance $403 million of existing 2027 notes, with the balance used for general corporate purposes.
• 4mo ago AI analysis › Press Release ⚠ 2
ALLEGIANT TRAVEL COMPANY ANNOUNCES LAUNCH OF TENDER OFFER AND CONSENT SOLICITATION FOR ITS 7.250% SENIOR SECURED NOTES DUE 2027
Allegiant Travel Company launched a tender offer to repurchase its $403 million of 7.25% Senior Secured Notes due 2027.
The company is offering $955 per $1,000 of principal, a 4.5% discount to par, with an additional $50 early tender premium for holders who tender by June 23, 2026.
The transaction includes a consent solicitation to amend the indenture, eliminating most restrictive covenants and certain events of default, subject to the successful completion of new debt financing.
• 4mo ago AI analysis › Press Release
ALLEGIANT TRAVEL COMPANY ANNOUNCES OFFERING OF SENIOR SECURED NOTES
Allegiant Travel Company has commenced a private offering of $500 million in Senior Secured Notes due 2031.
The net proceeds will be used to fully refinance the company's existing $403 million 7.25% Senior Secured Notes due 2027, with the balance available for general corporate purposes.
The new notes are secured by substantially all assets excluding aircraft and real property, and are guaranteed by all subsidiaries except Dustland, LLC and certain others.
• 4mo ago AI analysis › Press Release
Allegiant Adds Eight New Nonstop Routes, Expanding Service to Florida
prnewswire.com • 5mo ago Press Release
Allegiant Launches Special Offer to Passengers Affected by Closure of Spirit Airlines
Allegiant announced a special offer for passengers affected by Spirit Airlines' closure, providing a 50% rebate in Allways Rewards points for qualifying itineraries booked through May 12.
The airline will also temporarily freeze fares on overlapping routes to support travelers during the transition, having previously added 500,000 seats in markets where it competes with Spirit.
Chief Commercial Officer Drew Wells noted that while route overlap is limited, the company's priority is to help reaccommodate passengers and provide reliable service.
• 6mo ago AI analysis › Press Release ● Major
ALLEGIANT TRAVEL COMPANY SCHEDULES FIRST QUARTER 2026 EARNINGS CALL
prnewswire.com • 6mo ago 1 law-firm class-action alert