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Allegiant Air

Low-cost, all-jet leisure travel carrier

Overview

Allegiant Air is a low-cost, all-jet airline based in Las Vegas that serves leisure travelers by offering affordable air travel from smaller cities to vacation destinations. Tickets and bundled travel products such as hotel rooms, rental cars, and entertainment tickets are sold exclusively through Allegiant.com, with revenue coming from ticket sales and the bundles. The company differentiates itself by targeting travelers from smaller markets, using an online-only model, an all-jet fleet, and vacation-package offerings. Its goal is to provide affordable, convenient travel options by expanding its fleet and network and selling bundled experiences online.

Funded RecentlySignificant Headcount Growth

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About Allegiant Air

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

Industries

Automotive & TransportationAerospace

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Las Vegas, NV

Founded

1999

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What believers are saying

  • November 2, 2026 UNLV training shows management investing in service quality and retention.
  • Q3 2026 revenue reached $961.6 million, with bookings strong despite fuel spikes.
  • Allegiant added 30 routes and exercised six Boeing 737-8 options for 2028.

What critics are saying

  • Q3 2026 fuel costs rose 55.7 percent to $3.97 a gallon, crushing margins.
  • Allegiant borrowed $249.3 million in October 2026, signaling stretched liquidity around Boeing deliveries.
  • Persistent fuel spikes and Boeing delays can break Allegiant's low-fare economics by 2027.

What makes Allegiant Air unique

  • Allegiant's small-city nonstop model still exploits underserved leisure routes others ignore.
  • Its all-jet fleet and bundled hotel-car-ticket sales improve ancillary revenue capture.
  • The Sun Country acquisition created a larger value carrier with nearly 200 aircraft.

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Funding

Total Funding

$1.5B

Above

Industry Average

Funded Over

6 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

Stock Price

Growth & Insights and Company News

6 month growth

8%

1 year growth

9%

2 year growth

9%
The Markets Daily
Nov 6th, 2026
Allegiant Travel (NASDAQ:ALGT) Director Charles Pollard sells 10,000 shares of stock.

Allegiant Travel (NASDAQ:ALGT) Director Charles Pollard sells 10,000 shares of stock. Allegiant Travel Company (NASDAQ:ALGT - Get Free Report) Director Charles Pollard sold 10,000 shares of the business's stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $93.04, for a total value of $930,400.00. Following the sale, the director directly owned 16,000 shares in the company, valued at $1,488,640. This trade represents a 38.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Allegiant Travel price performance. Shares of ALGT traded up $4.38 on Friday, reaching $91.97. The stock had a trading volume of 825,236 shares, compared to its average volume of 552,331. Allegiant Travel Company has a twelve month low of $61.36 and a twelve month high of $123.63. The firm has a market capitalization of $2.51 billion, a PE ratio of 28.21, a PEG ratio of 0.29 and a beta of 1.65. The firm has a 50-day moving average of $75.38 and a 200 day moving average of $87.50. The company has a quick ratio of 0.80, a current ratio of 0.83 and a debt-to-equity ratio of 1.38. Allegiant Travel (NASDAQ:ALGT - Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The transportation company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.44) by $0.41. The firm had revenue of $961.56 million during the quarter, compared to analysts' expectations of $946.44 million. Allegiant Travel had a return on equity of 12.99% and a net margin of 1.65%. Allegiant Travel's revenue was up 71.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($2.09) earnings per share. Sell-side analysts expect that Allegiant Travel Company will post 5.59 EPS for the current year. Wall Street analyst weigh in. ALGT has been the topic of several recent research reports. Raymond James Financial reiterated a "strong-buy" rating and issued a $120.00 price objective on shares of Allegiant Travel in a research report on Thursday. Wall Street Zen downgraded shares of Allegiant Travel from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. Susquehanna cut their target price on shares of Allegiant Travel from $110.00 to $85.00 and set a "neutral" rating for the company in a research report on Wednesday, October 7th. Weiss Ratings raised shares of Allegiant Travel from a "sell (d-)" rating to a "sell (d)" rating in a report on Tuesday, August 11th. Finally, Zacks Research lowered shares of Allegiant Travel from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 15th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $124.15. Institutional trading of Allegiant Travel. Several institutional investors and hedge funds have recently made changes to their positions in ALGT. Russell Investments Group Ltd. increased its stake in Allegiant Travel by 4.0% in the third quarter. Russell Investments Group Ltd. now owns 27,465 shares of the transportation company's stock valued at $2,082,000 after purchasing an additional 1,065 shares during the last quarter. Maryland State Retirement & Pension System boosted its stake in Allegiant Travel by 67.2% in the 3rd quarter. Maryland State Retirement & Pension System now owns 5,468 shares of the transportation company's stock worth $414,000 after buying an additional 2,198 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in Allegiant Travel in the 3rd quarter worth about $1,421,000. Fulcrum Asset Management LLP acquired a new stake in Allegiant Travel in the 3rd quarter worth about $682,000. Finally, Oregon Public Employees Retirement Fund grew its holdings in Allegiant Travel by 7.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 5,500 shares of the transportation company's stock valued at $417,000 after buying an additional 400 shares during the period. 85.81% of the stock is currently owned by hedge funds and other institutional investors. About Allegiant Travel. Allegiant Travel Company is a leisure-focused travel company headquartered in Las Vegas, Nevada. Its principal operating subsidiary, Allegiant Air, is a low-cost airline that provides scheduled and charter passenger service, primarily connecting smaller and mid-sized U.S. cities with popular vacation destinations. Allegiant Air's business model emphasizes nonstop routes, low base fares and optional services such as seat selection, baggage, priority boarding and other travel-related amenities. Further reading. Receive News & Ratings for Allegiant Travel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegiant Travel and related companies with MarketBeat.com's FREE daily email newsletter.

Spot On Nevada
Nov 5th, 2026
Spiking jet fuel costs lead to losses for Allegiant Travel Co.

Spiking jet fuel costs lead to losses for Allegiant Travel Co. Demand continues to run high for Allegiant Air, but fuel costs elevated by the war in the Middle East put a damper on bottom-line profits for the Las Vegas company. |!| Las Vegas

AirlineGeeks
Nov 2nd, 2026
Denver Air Connection plans first Florida service.

Denver Air Connection plans first Florida service. Service will begin early next year. Monday, November 02, 2026 at 11:53 AM ET Edited By: Key takeaways: Denver Air Connection will launch its first-ever service to Florida, and it will be outside the scope of any Essential Air Service (EAS) contract. The only other place in the carrier's network that isn't directly part of an EAS contract is its service to Telluride, Colorado, from both Denver and Phoenix. Beginning January 9, 2027, DAC will begin nonstop flights from Muskegon, Michigan, to Orlando Sanford, with service operating on Saturdays using the 50-seat Embraer E145XR. While Muskegon itself only has one other destination, Chicago O'Hare, which is also operated by DAC under the EAS contract, DAC will compete indirectly with Allegiant, as it has a sizable operation and a base in Grand Rapids, Michigan, which is located only about 45 minutes east of Muskegon. The 1,030-mile route from Muskegon to Orlando Sanford on the E145 will become the longest at-risk flight operated by any EAS carrier, and one of the longest commercial airline flights operated by an Embraer E145 in the country, overtaking the current record holder, United's 830-mile route from Washington Dulles to Mobile, Alabama, by almost 200 miles. That record for the E145 is a little bit of a technicality, as JSX does operate a handful of flights over 1,000 miles with its Embraer E145s, but the carrier is not considered a commercial airline, and is instead classified as a "public charter operation." Muskegon Airport director Ken Efting did have something to say about this new service: "This is a historic milestone for MKG and the communities we serve...This is exactly the kind of opportunity we've been working toward, and it's a testament to our growing community support and strong partnership with Denver Air Connection." This isn't the first time an EAS carrier has operated at-risk service to the state of Florida from an EAS community. These smaller carriers sometimes begin flights to leisure destinations like Florida and other leisure-heavy destinations to entice higher passenger numbers that boost the communities they serve. Muskegon will join the small but growing list of Essential Air Service communities that are now connected with nonstop flights to the state of Florida, but they will be the only EAS community in Michigan to have Florida flights. Joey has always been interested in planes for as long as he can remember. He grew up in Central New York during the early 2000s when US Airways Express turboprops ruled the skies. Being from a non-aviation family made it harder for him to be around planes and would only spend about three hours a month at the airport. He was so excited when he could drive by himself, the first thing he did with his driver's license was get ice cream and go plane spotting for the entire day. He graduated from Western Michigan University in 2022 with a B.S. in Aviation Management & Operations and a Minor in Business, and currently works for a major airline in his hometown.

MarketScreener
Nov 2nd, 2026
Allegiant partners with UNLV's College of Hospitality to launch customer experience training for flight attendants.

Allegiant partners with UNLV's College of Hospitality to launch customer experience training for flight attendants. Published on 11/02/2026 at 04:01 am EST PRNewswire New Allegiant Training Program invests in flight attendant development through a first-of-its-kind collaboration with one of the world's leading hospitality schools. LAS VEGAS, Nov. 2, 2026 /PRNewswire/ - Allegiant (NASDAQ: ALGT) is taking the next step in its customer experience journey through a new partnership with the University of Nevada, Las Vegas (UNLV) William F. Harrah College of Hospitality, bringing a customized customer experience training program to flight attendants across its network. The program leverages UNLV's expertise in service culture and training to strengthen Allegiant's customer experience as the airline grows. "Continuous learning is essential in a dynamic industry like aviation," said Tyler Hollingsworth, Allegiant's Chief Operating Officer. "This program encourages our teams to embrace new ideas and apply fresh insights that can make a meaningful impact for in-flight team members." The curriculum was developed in collaboration with hospitality experts at UNLV and tailored specifically to Allegiant's operation and customer experience goals. Through a two-day training delivered at flight attendant bases, crew members from Allegiant will explore hospitality best practices, emotional intelligence, communication strategies, and the impact of customer interactions throughout the travel journey - giving flight attendants across the airline tools for delivering consistent service, regardless of which aircraft or route they're working. "At the heart of exceptional service is human connection," said Finley Cotrone, Professor and Director of the Sands Center for Professional Development. "It has been a privilege to work with the humans who make up the flight attendant training team. Their passion, expertise, and commitment will be instrumental in bringing this program to life." This marks the first collaboration of its kind between Allegiant and UNLV, representing a unique partnership between the airline industry and one of the world's leading hospitality education programs. The training program launches in November, with an initial rollout at East Coast bases before expanding across the network through Spring 2027. "As Allegiant continues to grow, investing in our flight attendants remains one of the most important investments we can make," said Nani Binder, Allegiant's Vice President of Inflight. "This training builds upon the incredible work our crews already do every day. Programs like this help elevate customer experience while recognizing the strengths, professionalism, and care our team members bring to each flight." The launch comes as Allegiant continues the integration with Sun Country Airlines, following the completion of the acquisition on May 13, 2026. Together, Allegiant and Sun Country form a leading value-focused airline in the United States, with a combined fleet of nearly 200 aircraft serving almost 175 cities. That scale and commitment to customer experience, builds on a strong foundation of recognition: Allegiant was ranked the #2 U.S. airline overall and top-ranked value carrier in The Wall Street Journal's 2025 airline rankings, named 2026's Best Low-Cost Airline in North America by Skytrax's World Airline Awards for the third consecutive year, and recognized among the top three U.S. airlines - and the #1 ultra-low-cost carrier - in J.D. Power's North America Airline Satisfaction Study. About Allegiant - Together We Fly(TM) Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Through Allegiant Air and Sun Country Airlines, the company serves approximately 22 million annual customers across scheduled passenger, charter and cargo operations. Together, the airlines operate more than 650 routes serving nearly 175 cities throughout the United States and select international destinations. Allegiant is committed to providing affordable travel options, operational excellence and long-term value for customers, employees, communities and shareholders. For more information, visit Allegiant.com. Media information, including photos, is available using the link below. Interview & B-Roll Package Media Contact Phone: 702-800-2020 Email: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-partners-with-unlvs-college-of-hospitality-to-launch-customer-experience-training-for-flight-attendants-302924505.html SOURCE Allegiant Travel Company (C) PRNewswire - 2026

AeroTime
Oct 24th, 2026
Leave a reply.

Leave a reply. Allegiant orders six more Boeing 737 MAX jets for 2028 delivery. October 23, 2026, 20:42 PDT Allegiant Air has ordered six additional Boeing 737 MAX aircraft for delivery in 2028, exercising its first purchase options under an agreement signed with Boeing in 2021. The Las Vegas-based airline disclosed the purchase on October 23, 2026. The six 737-8s bring its firm purchases under the agreement to 56 aircraft, of which 22 had been delivered as of October 23. Allegiant retains options for another 74 jets. Allegiant listed the six aircraft's combined list price at more than $720 million before discounts and price adjustments through delivery. It did not disclose the negotiated purchase price. The order extends Allegiant's investment in new Boeing aircraft after years of building its low-cost operation largely around used jets. When it announced the original 50-aircraft purchase in January 2022, Allegiant operated 108 Airbus A319s and A320s. The original deal included the smaller 737-7 and higher-capacity 737-8-200, with options for 50 more aircraft. Allegiant said the new jets would allow it to replace retiring aircraft and expand its fleet while lowering fuel consumption. Allegiant originally expected to receive its first MAX in 2023 and all 50 firm aircraft by the end of 2025, but deliveries were delayed. Its first 737-8-200 arrived in September 2024. In November 2024, the airline amended its agreement with Boeing to reduce the number of aircraft arriving in 2024 and 2025 and extend deliveries of the original order through the end of 2027. Allegiant said that agreement also included benefits and other considerations related to the delays. The first Allegiant MAX entered passenger service in October 2024. In an investor presentation that month, Allegiant said delivery delays were costing it approximately $30 million annually and that it was working with Boeing to seek compensation. At the time of the original announcement, Allegiant said the MAX aircraft would burn approximately 20% less fuel than its older Airbus A320-family jets while offering more seats. The airline also signed a 12-year maintenance agreement with CFM International covering the new aircraft's LEAP-1B engines. The latest purchase leaves 34 firm aircraft still to be delivered under the Boeing agreement.

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