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ALGT
$102.99
Allegiant Travel Com
$.65
.64%
ALGT
Earnings Whisper ®
N/A
4th Quarter December 2024
Consensus: $1.92
Revenue: $615.65 Mil
Tuesday
Feb 4
4:00 PM ET
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Latest EPS
Wednesday, October 30, 2024
ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2024 FINANCIAL RESULTS
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Resistance
$107.09
$106.06
$104.52
$103.49
Support
$101.95
$100.92
$99.38
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Growth
Description
Allegiant Travel Company, through its subsidiary Allegiant Air LLC, operates a low-cost passenger airline. It focuses on linking leisure travelers in small and medium sized cities to world-class leisure destinations. The company focuses on unbundling its air-related products and services like baggage fees, advance seat assignment among others. Allegiant, which also offers air transportation through fixed fee flight arrangements, focuses on generating significant additional ancillary revenues thanks to its unique business model. By focusing on leisure travelers only, this unique business model enables the company to avoid heavy costs of serving a variety of customers. In order to reduce costs, Allegiant usually purchases used aircraft with useful remaining years. Additionally, this non-traditional approach also brings down distribution- related expenses.
Peers
United Airlines
Southwest Airlines
American Airlines Group
Alaska Air Group
JetBlue Airways
Copa Holdings S.A.
SkyWest
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Allegiant Travel Com