ALGT News and Press, Allegiant Travel Company From 04/16/23

2023-04-16 07:02:35 ET Summary Spirit is currently trading at a deep discount to the acquisition price that JetBlue has offered. The market is implying that the transaction is unlikely to be completed and investors need to analyze the stand-alone entity. The stand-alone entity...

2023-04-13 09:44:13 ET Allegiant Travel ( NASDAQ: ALGT ) reported preliminary passenger traffic results for March 2023, with revenue passenger miles down 0.3% Y/Y to 1.59B and load factor up 1.7pts to 88.2% for its scheduled service. Passenger traffic in scheduled services gre...

ALLEGIANT REPORTS MARCH 2023 TRAFFIC PR Newswire LAS VEGAS , April 13, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2023 . *Total system includes schedule...

2023-04-11 11:15:47 ET The fear of a recession on the horizon is understandably coaxing investors to avoid “quite cyclical airlines,” the expected contraction in 2023 is not as negative for airlines as previous market downturns. Overall, equity analyst Brandon R. Oglenski ...

2023-04-03 12:06:18 ET Airline stocks traded lower on Monday in reaction to the surprise production cut announced over the weekend by major oil producers in the OPEC+ group. Saudi Arabia, the top producer in the group that includes Russia, will cut 500K barrels per day . The total n...

ALLEGIANT WINS THREE NATIONAL AWARDS RECOGNIZING COMPANY FOR FOSTERING INNOVATIVE AND DIVERSE WORKPLACE CULTURE PR Newswire LAS VEGAS , March 30, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced it has earned three prestigious accolade...

2023-03-28 10:08:00 ET With demand for flights skyrocketing, airline stocks have the potential to recover from their pandemic-induced slumps. While the operating environment remains challenging, well-positioned airlines stand to benefit from the current wave of demand -- as do their investo...

2023-03-27 08:27:05 ET One of the first indications of possible weakening of airline demand arrived on Monday. U.S. airline bookings fell -3.0% vs. 2019 for the week that ended on March 19 to worsen from the -1.2% pre-pandemic comparison for the prior week, per credit and debit card dat...

2023-03-17 09:19:16 ET Allegiant Travel Company ( NASDAQ: ALGT ) reported preliminary passenger traffic results for February 2023, with revenue passenger miles up 12.2% Y/Y to 1.18M and load factor up 7.6pts to 85.4% for its scheduled service. Passenger traffic in schedule...

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...