Benzinga  Apr 14  Comment 
Allegiant Travel Company (NASDAQ: ALGT) has pre-paid the company's $125 million senior secured term loan facility, which was scheduled to mature in March 2017.  In addition, the company has borrowed $45.3 million from Wells Fargo Bank.  Both of...
TheStreet.com  Apr 8  Comment 
Update (9:48 a.m.): Updated with Tuesday market open information. NEW YORK (TheStreet) -- Deutsche Bank upgraded Allegiant Travel to "buy" from "hold," set a $130 target price and increased its estimates. The firm noted better sales trends...
StreetInsider.com  Apr 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Allegiant+Travel+Company+%28ALGT%29+Load+Factor+Fell+0.9+Points+in+March/9359243.html for the full story.
Benzinga  Mar 24  Comment 
Below are the top regional airlines stocks on the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Allegiant Travel Company (NASDAQ: ALGT) is 30.50%. Allegiant Travel's operating margin for the same period is...
Benzinga  Mar 10  Comment 
In a report published Monday, Raymond James analyst Savanthi Syth reiterated an Outperform rating on Allegiant Travel Company (NASDAQ: ALGT), and raised the price target from $118.00 to $120.00. In the report, Raymond James noted, “Following...
StreetInsider.com  Mar 6  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Raymond+James+Upgrades+Allegiant+Travel+Company+%28ALGT%29+to+Outperform/9253229.html for the full story.
BusinessWeek  Jan 31  Comment 
Allegiant Travel, JetBlue Airways, and Hawaiian Holdings disclose rising expenses for equipment, labor, weather, and even currency rates
SeekingAlpha  Jan 30  Comment 
Allegiant Travel (ALGT) Q4 2013 Earnings Call January 29, 2014 4:30 pm ET Executives Maurice J. Gallagher - Chairman and Chief Executive Officer Andrew C. Levy - President, Chief Operating Officer and Director Scott D. Sheldon -...
StreetInsider.com  Jan 29  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Allegiant+Travel+Company+%28ALGT%29+Tops+Q4+EPS+by+1c/9102473.html for the full story.


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Allegiant Travel Company focuses on transporting residents of small under-served cities within the U.S. Allegiant makes money by selling air travel from their low-cost passenger airline both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel related services. Building on the concept of relationships with premier leisure companies, Allegiant is designed to appeal to leisure travelers rather than business travelers.[1] With the consolidation of the airline industry and a market that does not consist of fragmented small airlines as in Europe, Allegiant is dependent upon the relationships it can leverage rather than mass-marketing.

Business Segments

  • Scheduled Service Revenue - 64.5% of total sales
  • Ancillary Revenue - 29.2% of total sales
  • Fixed Contract Revenue and Other - 6.3% of total sales

Allegiant separates revenue into three main categories as shown above. Allegiant recently implemented an open seating policy, which drove the take rate and additional revenue on priority boarding and assigned seat assignments since its implementation.[2] Further, Allegiant continues to add strategic hotel, ski resort, cruise line and other product partners to enhance our offerings to our leisure customer base.

Trends and Forces

High Unemployment and Rising Commodity Prices Drive a Continued Lag in Leisure Air Travel

Because Allegiant operates solely in the leisure travel industry, the demand and average fare the company can charge is more dependent upon commodity prices such as oil and unemployment than other larger airlines that serve other market segments such as business travelers or cargo. Allegiant does not hedge fuel price risk, but had entered into forward contracts to reduce exposure to fuel price volatility in the past.

No cmolpanits on this end, simply a good piece.

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