Allegiant Travel Company is a leisure travel company that operates a low-cost airline and a vacation package business
It focuses on providing affordable air travel to travelers looking for vacation destinations, particularly to leisure markets across the United States. The company primarily serves underserved markets with a point-to-point service model, connecting small to medium-sized cities with popular tourist destinations, while also offering hotel accommodations, rental cars, and other travel-related services. Through its innovative approach and dedication to cost-effective travel, Allegiant aims to make travel accessible and enjoyable for a wide range of customers.
Operating a low-cost passenger airline, Allegiant’s stock looks poised for more upside after impressively exceeding its Q4 earnings expectations last Tuesday.
Stocks are struggling for direction today, as investors unpack this morning's private payrolls data and the ISM services index, which came in at 52.8% in January.
The firm concluded that the carrying value of Sunseeker Resort, including the Aileron golf course and related real estate, is no longer fully recoverable.
A recent analyst note from Bank of America outlines a mixed outlook for the U.S. airline industry in 2025. BofA emphasizes strong performance from network carriers and challenges for leisure-focused airlines.
Hurricane Milton has wreaked havoc on the state of Florida and closed multiple airports in the region, leading to thousands of flight cancellations due to the hurricane.
Biden administration proposes new rule banning junk fees for families to sit together on flights. Airlines charging fees include Delta, Southwest, American.
