QUOTE AND NEWS
Benzinga  Jan 11  Comment 
Stifel Nicolaus raised the price target for Allegiant Travel Company (NASDAQ: ALGT) from $155 to $173. Allegiant Travel shares closed at $178.05 on Tuesday. BMO Capital boosted the price target for Noble Energy, Inc. (NYSE: NBL) from $45...
Benzinga  Dec 12  Comment 
Labor and fleet transition costs are likely to exert pressure on Allegiant Travel Company (NASDAQ: ALGT)'s earnings in 2017 and 2018, Imperial Capital’s Michael Derchin said in a report. He downgraded the rating on the company from Outperform to...
Motley Fool  Dec 9  Comment 
Investors flocked back to Spirit Airlines and Allegiant Travel following Donald Trump's victory in the U.S. presidential election.
Forbes  Dec 5  Comment 
In trading on Monday, airlines shares were relative laggards, up on the day by about 0.1%. Helping drag down the group were shares of Alaska Air Group (ALK), down about 2.3% and shares of Allegiant Travel (ALGT) down about 2% on the day. Also...
Benzinga  Nov 22  Comment 
  Goldman Sachs cut the price target on FireEye Inc (NASDAQ: FEYE) from $15 to $11. FireEye shares closed at $13.87 on Monday. UBS lowered the price target on Embraer SA (ADR) (NYSE: ERJ) from $28 to $19. Embraer shares closed at...




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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.

That saves me. Thanks for being so seisnble!

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