Allegiant Air

Allegiant Air

Low-cost airline for leisure travel

About Allegiant Air

Simplify's Rating
Why Allegiant Air is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Automotive & Transportation

Consumer Goods

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$746M

Headquarters

Las Vegas, Nevada

Founded

1999

Overview

Allegiant Air operates a low-cost airline that connects travelers from smaller cities to popular vacation spots. The airline uses an all-jet fleet and offers low fares, making air travel affordable. In addition to flights, Allegiant provides options for hotel rooms, rental cars, and entertainment tickets, which can all be booked through its website. Since starting in 1999 with just one plane, Allegiant has grown to over 92 aircraft and more than 350 routes across the U.S. What sets Allegiant apart from other airlines is its focus on leisure travel and the ability to bundle flights with other travel services, making it easier and cheaper for customers to plan their trips. The main goal of Allegiant Air is to provide convenient and cost-effective travel options for leisure travelers.

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Simplify's Take

What believers are saying

  • Increased demand for domestic leisure travel aligns with Allegiant's business model.
  • Bundling travel services is gaining popularity, enhancing Allegiant's vacation packages.
  • AI and machine learning can optimize Allegiant's flight routes and pricing strategies.

What critics are saying

  • Competition from ULCCs like Avelo Airlines could impact Allegiant's market share.
  • Reliance on legacy systems may hinder Allegiant's technological innovation.
  • Expansion of route network may strain operational resources and cause service disruptions.

What makes Allegiant Air unique

  • Allegiant Air connects small cities to leisure destinations with low-cost, nonstop flights.
  • The airline offers bundled travel packages, including hotels and car rentals, for convenience.
  • Allegiant's all-jet fleet ensures high efficiency and reliability in its operations.

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Funding

Total Funding

$746M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

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

Company News

Patch
Feb 18th, 2025
Allegiant Launches 7 New Flights To, From Sarasota Bradenton Airport

Allegiant launches 7 new flights to, from sarasota bradenton airport.

PhocusWire
Jan 30th, 2025
What A Former Airline Cio Sees From The Outside Looking In

Anyone who has served as chief information officer at a number of different airlines is likely to have experienced a lot of highs and lows.Technology and teams will have come and gone, investments will have been made and perhaps abandoned, airline distribution strategy will have been formulated, thrown out and come 'round again. Scott Allard served as CIO of Allegiant between 2011 and 2017 and prior to that held the same role at Spirit Airlines. He now advises airlines and airline technology companies on strategy. In an interview with PhocusWire, he discussed the challenges of legacy systems, the mistakes he sees being made and what he would do if he was a CIO again.As you look at your previous roles as chief information officer of Spirit and then Allegiant, what have you learned that you wish you knew at the time?As I started looking at this question, I thought I’d come back to it because it’s so hard. Then, I started examining myself, is it hard because I’m not admitting to my previous mistakes? Why I find it hard became an interesting thing for me, because I feel like I did everything I should have at the time, but clearly not. So, what is it that I wish I knew? The best answer I have is that technology has become more available to more team members over time. I worked in healthcare before I went to Priceline, surveying home grown systems around the company to assess the risks and offer some sort of mitigation to those risks of having employees build stuff

U.S. Trotting News
Jan 14th, 2025
OHHA to present Special Recognition Awards

Allegiant was named the 2024 3-year-old Filly Trotter of the Year by the U.S. Harness Writers Association.

Aviation A2Z
Dec 30th, 2024
American ULCC Added More than 450 New Flight Routes in 2024

Allegiant Air (G4) launched 60 new routes, compared to 25 in the previous year, while Avelo Airlines increased its network by 55 routes, up from 36 in 2023.

Travel + Leisure
Dec 6th, 2024
Allegiant's Latest Deals Include Flights to Tampa, Sarasota, and Las Vegas Starting at $38

Allegiant recently expanded their route network, with new service to Gulf Shores, AL, Colorado Springs, CO, and Columbia, SC.

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