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Low-cost airlines are down 25%-40% off their spring highs, approaching prices not seen since January 2021. Yet the fundamentals underpinning the domestic carriers are steadily improving. The article presents 3 airline stocks that have one-year consensus analyst targets of 50-70% a...
guvendemir/E+ via Getty Images Airline stocks are taking back the ground lost yesterday and more as positive updates on booking trends override concerns over the Delta COVID variant. U.S. domestic airline names are outperforming global carriers for the most part. Analysts have also been out t...
Allegiant Travel Company Schedules Second Quarter 2021 Earnings Call PR Newswire LAS VEGAS , July 19, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its second quarter 2021 financial results conference call for Wednesday, July 28...
guvendemir/E+ via Getty Images Airline and cruise line stocks are slumping to start the week on concerns that the Delta variant of COVID-19 will slow down travel recovery and potentially extend the timelines for business and international travel to return to 2019 levels. The U.S. is averaging...
Allegiant Travel ([[ALGT]] -1.2%) reports total system passengers declined 1.8% to 1.64M vs. June 2019 and rose 88.2% Y/Y.Scheduled service revenue passenger miles +3% to 1.4M vs. May 2019 and +87.1% Y/Y.Scheduled load factor increased 20,400 bps Y/Y to 77.7%.Total system capac...
Allegiant Reports June 2021 Traffic PR Newswire LAS VEGAS , July 13, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2021 as well as second quarter 2021. "Demand st...
Allegiant Announces 23 New Nonstop Routes With One-Way Fares As Low As $39* Four new cities among the offerings, including Melbourne, Fla.; Amarillo, Texas; Washington, D.C. and Minneapolis PR Newswire LAS VEGAS , June 29, 2021 /PRNewswire/ -- Allegiant (...
anyaberkut/iStock via Getty Images Travel trends in the U.S. hit a post-COVID high, according to tracking by Bank of America. Once again, leisure travel was very strong to offset weakness with corporate travel. Lodging card spending improved to +4% compared to the 2019 level vs. the trailing ...
Allegiant Travel ([[ALGT]] -2.0%) reports May total system passengers declined 18.3% to 1.05M vs. May 2019 and grew 186.4% Y/Y.Scheduled service revenue passenger miles contracted 18.7% to 888,735 vs. May 2019 and jumped 172% Y/Y.Scheduled load factor improved 21,400 bps t...
Allegiant Reports May 2021 Traffic PR Newswire LAS VEGAS , June 15, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2021 . "We have been pleased to see leisure deman...
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Allegiant Announces President Greg Anderson as Next CEO PR Newswire Maurice J. Gallagher to transition to Executive Chairman LAS VEGAS , July 18, 2024 /PRNewswire/ -- Allegiant Travel Company ( NASDAQ: ALGT ) announced today that Gregory C. ...
Allegiant Announces Eight New Routes with One-Way Fares as Low as $39* PR Newswire The Airline Offers New Low-Cost Travel Options to Popular Destinations in 13 Cities LAS VEGAS , July 16, 2024 /PRNewswire/ -- Allegiant Travel Company ( NASDAQ: ALGT ...
Allegiant Travel Company Schedules Second Quarter 2024 Earnings Call PR Newswire LAS VEGAS , July 11, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its second quarter 2024 financial results conference call for Wednesday, July 31...