ALLEGIANT COMMEMORATES 15 YEARS OF LOW-COST LEISURE TRAVEL
LAS VEGAS. Feb. 28, 2014 - Allegiant (NASDAQ: ALGT) today commemorates the 15th anniversary of the carrier`s first scheduled service from Fresno, Calif. to Las Vegas, Nev. on Feb. 28, 1999.
Starting with just one plane flying from Fresno, Calif. to Las Vegas, NV on Feb. 28, 1999, Allegiant has grown to a fleet of 68 planes, flying over 7 million passengers last year. Allegiant now serves 99 cities, more than any other domestic low cost carrier.
"The foundation of our business is providing access to affordable travel and stimulating demand for leisure travel through low fares and great deals on vacation products," said Andrew Levy, Allegiant Travel Co. President and COO. "We are proud to have grown a healthy airline, while keeping our fares well below the national average and expanding our service to 99 communities nationwide. We know our customers appreciate having access to nonstop flights from their local airport and the value that our unique product offers."
"Allegiant is a great partner for Las Vegas," said Cathy Tull, senior vice president of marketing for the Las Vegas Convention and Visitors Authority. "The airline continues to add new markets, providing increased accessibility to our visitors."
Over the years, Allegiant has carried over 40 million passengers, and the Company continues to grow, offering more nonstop service in more communities. In 2013, Allegiant announced service in 15 new cities and added 39 new routes to its network, at a time when many airlines are consolidating and cutting service. The company recently announced its 44th consecutive quarter of profitable operation while keeping its average one-way fare under $100.
Allegiant differs in many ways from other U.S. airlines. The Company is focused on low-cost, nonstop leisure travel, providing customers with low base fares while giving passengers the option to pay for the amenities they want, like luggage, seat assignments and priority boarding, without including the cost of things they don`t need in the price of the ticket.
Allegiant`s innovative business model has allowed it to grow from one plane and one route 15 years ago, to offering access to low-cost, nonstop travel in 99 communities nationwide. Allegiant also offers discounts on vacation packages, including hotels, rental cars and attraction tickets, through its website Allegiant.com.
To commemorate the anniversary throughout the month, the Company featured stories on Allegiant.com/Traveler-Spotlights and Facebook.com/Allegiant of individual travelers who have been able to travel more and spend less with Allegiant. The Company will also share stories of veteran employees, and thank travelers today by giving away roundtrip tickets to Allegiant customers every 15 minutes.
Allegiant, Travel is our deal.®
Las Vegas-based Allegiant Travel Company (ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, allegiant.com. The company has been named one of America`s 100 Best Small Companies by Forbes Magazine for four consecutive years. For downloadable press kit, including photos, visit: http://gofly.us/qSnWj.
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Source: Allegiant Travel Company via GlobeNewswire
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