Profile: Allegiant Travel Co (ALGT.O)
18 Aug 2017
Allegiant Travel Company, incorporated on April 4, 2006, is a leisure travel company. The Company is focused on providing travel services and products to residents of under-served cities in the United States. It also provides air transportation under fixed fee flying arrangements. The Company's products and services include scheduled service air transportation, air-related ancillary products and services, third-party ancillary products and services and fixed fee contract air transportation. Its scheduled service air transportation includes scheduled air transportation on limited-frequency non-stop flights between under-served cities and leisure destinations. As of February 1, 2017, its operating fleet consisted of 47 MD-80 aircraft, 34 Airbus A320 series aircraft, and four Boeing 757-200 aircraft, and it was selling travel on 377 routes to 119 cities.
The Company's air-related ancillary products and services include providing unbundled air-related services and products in conjunction with air transportation. These optional air-related services and products include baggage fees, advance seat assignments, its own travel protection product, change fees, use of its call center for purchases, priority boarding, food and beverage purchases on board, and other air-related services. Its third-party ancillary products and services offerings include third-party travel products, such as hotel rooms, ground transportation, such as rental cars and hotel shuttle products, and attractions (show tickets) for sale to its passengers. Its fixed fee contract air transportation includes providing air transportation through fixed fee agreements and charter service on a year-round and ad-hoc basis. The Company's other revenue is generated from leased out aircraft and flight equipment, and other miscellaneous sources.
The Company had a route network with a national footprint, providing service on 353 routes (selling 377 routes) between 98 under-served cities and 20 leisure destinations, and serving 43 states, as of February 1, 2017. It provides service to the leisure destinations of Las Vegas, Nevada; Orlando, Florida; Phoenix, Arizona; Tampa/Saint Petersburg, Florida; Los Angeles, California; Ft. Lauderdale, Florida; Punta Gorda, Florida; the San Francisco Bay Area, California; Honolulu, Hawaii; Palm Springs, California; Austin, Texas; New Orleans, Louisiana; Jacksonville, Florida; Savannah/Hilton Head, Georgia, and West Palm Beach, Florida. It also provides service on a seasonal basis to San Diego, California, and Myrtle Beach, South Carolina.
The Company competes with Southwest Airlines, Frontier Airlines, Delta Airlines, American Airlines, Hawaiian Airlines, JetBlue Airlines, United Airlines, Alaska Airlines and Spirit Airlines.
Allegiant Travel Co
1201 N Town Center Dr
LAS VEGAS NV 89144-6307
Company Web Links
- BRIEF-Allegiant reports July 2017 traffic
- BRIEF-Allegiant Travel Company Q2 earnings per share $2.94
- BRIEF-Columbus announces spin-out and Nevada drilling update
- BRIEF-Allegiant Travel says through unit borrowed $34 mln under loan agreement secured by One Airbus A320 aircraft
- BRIEF-Allegiant reports June passengers traffic 1.2 million