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The Zacks Analyst Blog Highlights: GOL Linhas Aereas Inteligentes, Delta Air Lines, Hawaiian Holdings, United Continental Holdings and JetBlue Airways
Rising travel demand leads to a solid July traffic for Allegiant (ALGT). However, load factor slips on capacity expansion outpacing traffic growth.
LAS VEGAS , Aug. 6, 2018 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for July 2018. Scheduled Service July 2018 July 2017 Change Passengers ...
There around 14 routes at the Sanford airport that are on a potential list for the St. Pete airport.
Cypress Semiconductor, Allegiant, Tesla and Google highlighted as Zacks Bull and Bear of the Day
St.Pete-Clearwater International Airport's boarding grew even more in June, thanks to Allegiant Air's newest service. June 2018 was the biggest June in the Pinellas County airport's history, which was a 12 percent increase over 2017. Year-to-date passengers were up by 11 percent over 2017, according to the airport's monthly passenger report.
A budget terminal? It’s a possibility at Raleigh-Durham International Airport, says Mike Landguth, CEO of the RDU Airport Authority.
Solid demand for air travel aids Allegiant (ALGT) in Q2. However, the company lowers full-year earnings outlook due to rising fuel costs.
LAS VEGAS, July 26, 2018 /PRNewswire/ -- Allegiant (ALGT) and Minor League Baseball™ (MiLB™) announced today a national partnership agreement designating Allegiant as the "Official Airline of Minor League Baseball." With more than 115 current overlapping markets in the U.S., the hometown airline of cities across the country is now the official airline of America's hometown baseball teams. "We're beyond excited to announce this new partnership with Minor League Baseball and to become the official airline for clubs nationwide," said Scott DeAngelo, Allegiant chief marketing officer. In addition to the designation as the "Official Airline of Minor League Baseball," Allegiant will engage with fans through various touchpoints in the ballpark as they cheer on their favorite MiLB teams.
The Las Vegas-based company said it had profit of $3.10 per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings ...
Allegiant Airlines tumbled the most in more than a year after higher jet-fuel prices and slower-than expected aircraft deliveries forced the carrier to cut its earnings forecast. Profit will be between $9 and $10 a share for this year, down from the $10 to $12 expected earlier, the carrier said in a statement, citing $35 million more in fuel costs. Allegiant adjusted its outlook for seat and flight capacity growth to between 9 percent and 11 percent, down from as much as 15 percent previously.
LAS VEGAS, July 25, 2018-- Allegiant Travel Company today reported the following financial results for the second quarter 2018, as well as comparisons to the prior year:. "We are proud to announce ...
NEW YORK, NY / ACCESSWIRE / July 25, 2018 / Allegiant Travel Company (NASDAQ: ALGT ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 25, 2018 at 4:30 PM Eastern Time. ...
Shareholder rights law firm Robbins Arroyo LLP announces the filing of a shareholder derivative complaint alleging breaches of fiduciary duty against the company's officers and directors on behalf of Allegiant Travel Company (ALGT). Allegiant is a low-cost passenger airline. On November 2, 2016, the Tampa Bay Times published an investigative report revealing the systematic nature of Allegiant's safety and maintenance problems and noting that approximately half of Allegiant's aircraft broke down in flight at least once during 2015.
LAS VEGAS, July 24, 2018 /PRNewswire/ -- Allegiant (ALGT) today announced the company is seeking a court order affirming that a pilot strike threat recently announced by International Brotherhood of Teamsters (IBT) Local 1224 is unlawful. The company has filed a complaint in United States District Court, District of Nevada, requesting a Declaratory Judgment affirming that pilots represented by the Teamsters may not strike as a remedy for a dispute over the timeline of negotiating an agreement on and implementing a new preferential bidding system. Under both the Railway Labor Act (RLA) and the collective bargaining agreement (CBA) between IBT and Allegiant, the IBT does not have a legal right to strike under these circumstances. Rather, this matter is considered a "minor dispute," requiring resolution through the grievance and arbitration procedures of the CBA and the RLA.
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