Tag: Allegiant Air
-
Allegiant Announces Purchase of Four Additional Airbus Aircraft
Allegiant (NASDAQ: ALGT) today announces an agreement to purchase four additional Airbus A319 aircraft from Philippines-based low-cost carrier Cebu Pacific. The purchase marks another milestone for the company in its long-term transition to an all Airbus fleet. The aircraft in this agreement are scheduled for delivery in 2017 and 2018. Allegiant previously agreed to purchase…
-
Allegiant Reports December 2015 Traffic
Allegiant Travel Company (NASDAQ: ALGT) today (08.01) reported preliminary passenger traffic results for December 2015. Scheduled Service December 2015 December 2014 Change Passengers 839,848 716,694 17.2% Revenue passenger miles (000) 799,076 684,073 16.8% Available seat miles (000) 968,333 794,842 21.8% Load factor 82.5% 86.1% (3.6) pts Departures 6,142 5,044 21.8% Average stage length (miles) 926 926 0.0% 4Q 2015…
-
Allegiant Launches g4pilots.com
Allegiant Travel Company (NASDAQ: ALGT) today (29.09) launched a new website, g4pilots.com to provide up-to-date information about ongoing negotiations with the International Brotherhood of Teamsters (IBT), the union representing the company’s pilots. The site provides information about the progress of the negotiations, background on Allegiant’s operations and answers to frequently asked questions for pilots, employees…
-
Allegiant Travel Company Announces Pre-payment of Existing Term Loan
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 these transactions occurred on April 11, 2014. „This decision allows us to refinance more expensive debt and…
-
Allegiant Reports March 2014 Traffic
Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2014. Scheduled Service Mar. 2014 Mar. 2013 Change Passengers 850,775 788,405 7.9% Revenue passenger miles (000) 864,396 811,656 6.5% Available seat miles (000) 949,559 882,864 7.6% Load factor 91.0% 91.9% (0.9)pts Departures 5,616 5,219 7.6% Average stage length (miles) 987 992 (0.4%) 1Q14…
-
Allegiant Reports December 2013 Traffic
Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2013, fourth quarter and full year 2013. „We added the A320 to our certificate in late December,” said Andrew Levy, President and COO of Allegiant Travel Co. „At the end of December we had five A320s in service and expect to have seven…