ALGT News and Press, Allegiant Travel Company From 03/17/23

ALLEGIANT REPORTS FEBRUARY 2023 TRAFFIC PR Newswire LAS VEGAS , March 17, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for February 2023 . *Total system inc...

ALLEGIANT UNVEILS SPECIAL TOGETHER WE FLY LIVERY DEDICATED TO ITS EMPLOYEES PR Newswire PUNTA GORDA, Fla. , March 16, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) unveiled a special addition to its fleet this week: a one-of-a-kind livery designed by –...

2023-03-16 14:26:19 ET The remarkable post-pandemic momentum that airlines have enjoyed showed signs of cracks this week, and investors appear to be getting nervous. Shares of Delta Air Lines (NYSE: DAL) , Alaska Air Group (NYSE: ALK) , American Airlines Group (NAS...

2023-03-15 17:15:53 ET Summary Spread of banking crisis could result in reduction in top-line growth for airlines and hurt the U.S. Global Jets ETF. In such scenario, airlines would be left with a lower top-line growth while higher labor costs are locked in via collective bargaini...

2023-03-15 14:55:22 ET Delta Air Lines ( NYSE: DAL ) fell over 7% on Wednesday, leading a dip for airline stocks amid a spate of earnings updates and general jitters emanating from the financial sector. The Atlanta-based airline provided a Q1 forecast ref...

2023-03-13 16:19:23 ET Market turmoil appeared to weigh on the airline sector as the sector ( NYSEARCA: JETS ) -3.71% declined sharply on Monday. The implications of bank failures are important for the industry that has counted on a steady return to pre-pandemic ...

2023-03-10 07:14:58 ET Barclays cut its rating on Allegiant Travel Company ( NASDAQ: ALGT ) to Equal Weight from Overweight after shuffling preferences across the airline sector. Analyst Brandon Oglenski and team said they are stepping back from an incrementally more levered...

2023-03-06 15:54:13 ET The FAA paused traffic at both Jacksonville and Miami airports amid a traffic control issue on Monday afternoon, according to a safety notice. The notice indicated that both airports were “heavily impacted” by a radar issue, causing a gro...

Allegiant Travel (NASDAQ: ALGT) closed out 2022 with its highest revenue ever -- eclipsing its previous annual revenue record by 25%. While 2022 proved to be a challenging year for the ultra-low-cost carrier, Allegiant's low fares and nonstop flights remained in high demand. Taking Alle...

Allegiant ( NASDAQ: ALGT ) reported Tuesday preliminary passenger traffic results for January 2023, with revenue passenger miles up 27% Y/Y to 1.15M and load factor up 14.1pts to 83.2% for its scheduled service. Passenger traffic in scheduled services grew from 942,857 in Jan 2022...