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Civil aircraft

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 […]

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Traffic results

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 […]

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Airline news

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 […]

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Airline news

Allegiant Travel Company Announces the Purchase of Two Additional A320 Aircraft

Allegiant Travel Company (Nasdaq:ALGT) today (24.02) announced that it has entered into an agreement to purchase two additional A320 aircraft. The aircraft are currently being operated by Philippine Airlines and are scheduled to enter the Allegiant operating fleet toward the end of 2015. „We continue to be successful in finding high quality, used aircraft to […]

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Financial results

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 […]