Allegiant Air

Allegiant Air

Low-cost airline for leisure travel

About

Allegiant Air operates a low-cost airline that connects travelers from smaller cities to popular leisure destinations. The airline uses an all-jet fleet and offers low fares, making air travel affordable. In addition to flights, Allegiant provides travel-related services such as hotel bookings, car rentals, and entertainment tickets, which can all be purchased through its website. Since starting in 1999 with just one aircraft, Allegiant has grown to operate over 350 routes across the United States with a fleet of more than 92 aircraft. The company focuses on providing value to leisure travelers by offering both individual flight tickets and bundled vacation packages, making it easier and more cost-effective for customers to plan their trips.

Company Stage

IPO

Employees

1,001-5,000

Industries

Automotive & Transportation, Consumer Goods

Total Funding

$746M

Headquarters

Las Vegas, Nevada

Founded

1999


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Simplify's Take

What believers are saying

  • Increased demand for domestic leisure travel boosts Allegiant's growth potential.
  • The rise of remote work supports frequent short-haul leisure trips, benefiting Allegiant.
  • Allegiant's expansion with 44 new routes in 2025 enhances its market presence.

What critics are saying

  • Competition from ultra-low-cost carriers like Avelo Airlines may impact Allegiant's market share.
  • Rapid route expansion could strain operational resources and affect service quality.
  • Economic downturns may reduce demand for leisure travel and bundled packages.

What makes Allegiant Air unique

  • Allegiant targets underserved airports, expanding into new markets like Gulf Shores and Columbia.
  • The airline offers bundled travel services, including flights, hotels, and car rentals.
  • Allegiant focuses on non-traditional leisure destinations, attracting travelers seeking unique experiences.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Employee Stock Purchase Plan

Profit Sharing

Medical Travel Reimbursement

Legal, Identity and Pet Insurance

Employee Assistance Program

Tuition Reimbursement

Flight Benefits

Paid Vacation

Paid Sick Leave

Paid Holidays

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