ALGT - Allegiant Travel Company (ALGT) Q4 2023 Earnings Call Transcript

2024-02-05 22:07:06 ET

Allegiant Travel Company (ALGT)

Q4 2023 Earnings Conference Call

February 5, 2024 15:00 ET

Company Participants

Sherry Wilson - Director of Investor Relations

Maurice Gallagher - Executive Chairman & Chief Executive Officer

Greg Anderson - President

Scott DeAngelo - Executive Vice President & Chief Marketing Officer

Drew Wells - Senior Vice President & Chief Revenue Officer

Robert Neal - Senior Vice President & Chief Financial Officer

Micah Richins - President & Chief Operating Officer, Sunseeker Resorts

Conference Call Participants

Savi Syth - Raymond James

Brandon Oglenski - Barclays

Conor Cunningham - Melius Research

Duane Pfennigwerth - Evercore

Mike Linenberg - Deutsche Bank

Ravi Shanker - Morgan Stanley

Helane Becker - TD Cowen

Dan McKenzie - Seaport Global

Christopher Stathoulopoulos - Susquehanna Financial Group

Presentation

Operator

Hello and welcome to the Allegiant Travel Company Fourth Quarter and Full Year 2023 Earnings Call. [Operator Instructions] After the speakers remarks, there will be a question-and-answer session. [Operator Instructions]

I will now turn the conference over Sherry Wilson, Managing Director of Investor Relations. Please go ahead.

Sherry Wilson

Thank you, Sarah. Good afternoon, everyone and welcome to the Allegiant Travel Company's fourth quarter and full year 2023 earnings call. On the call with me today are Maury Gallagher, the Company's Executive Chairman and CEO; Greg Anderson, President; Scott DeAngelo, our EVP and Chief Marketing Officer; Drew Wells, our SVP and Chief Revenue Officer; Robert Neal, SVP and Chief Financial Officer and a handful of others to help answer questions.

We will start the call with commentary and then open it up to questions. We ask that you please limit yourself to one question and one follow-up. The company's comments today will contain forward-looking statements concerning our future performance and strategic plan. Various risk factors could cause the underlying assumptions of these statements and our actual results to differ materially from those expressed or implied by our forward-looking statements. These risk factors and others are more fully disclosed in our filings with the SEC. Any forward-looking statements are based on information available to us today. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise. The company cautions investors not to place due reliance on forward-looking statements which may be based on assumptions and events that do not materialize. To view this earnings release as well as the rebroadcast of the call, feel free to visit the company's Investor Relations site at ir.allegiantair.com.

And with that, I'll turn it to Maury.

Maurice Gallagher

Good afternoon, ladies and gentlemen. Thank you for your time today and welcome from Super Bowl headquarters here in Las Vegas. As you saw in our release, we continued to move ahead in our efforts to return pre-pandemic performances.

I'm happy to report on a number of areas that we're moving forward on all fronts. Sunseeker opened on December 15. It's a terrific nation of [indiscernible]. Micah Richins, who's on the call with us today and his partner in crime, Jason Shkorupa and their team have done [indiscernible] work completing and operating this magnificent and destination resort. Stay tuned for more updates in the coming months....

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