Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $212.73 USD
Change Today +0.64 / 0.30%
Volume 201.9K
ALGT On Other Exchanges
Symbol
Exchange
Berlin
As of 5:20 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

allegiant travel co (ALGT) Key Developments

Allegiant Travel Company Reports Consolidated Unaudited Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Capital Expenditures Guidance for the Full Year of 2015

Allegiant Travel Company reported consolidated unaudited earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total operating revenue of $322,102,000 compared with $290,541,000 for the same period last year. Operating income was $92,756,000 compared with $56,413,000 for the same period last year. Interest income was $542,000 compared with $234,000 for the same period last year. Income before income taxes was $86,336,000 compared with $53,131,000 for the same period last year. Net income attributable to the company was $54,339,000 or $3.18 diluted per share compared with $33,499,000 or $1.86 diluted per share for the same period last year. EBITDA was $117.715 million compared with $76.370 million for the same period last year. For the quarter, the company reported revenue passenger miles of 2,307,065,000, available seat miles of 2,690,457,000, load factor of 85.7% and operating revenue per ASM of 11.97 cents compared to revenue passenger miles of 2,030,638,000 available seat miles of 2,289,201,000, load factor of 88.7% and operating revenue per ASM of 12.69 cents reported a year ago. For six months, the company reported total operating revenue of $651,341,000 compared with $593,066,000 for the same period last year. Operating income was $200,854,000 compared with $113,686,000 for the same period last year. Interest income was $647,000 compared with $439,000 for the same period last year. Income before income taxes was $187,709,000 compared with $107,476,000 for the same period last year. Net income attributable to Allegiant Travel company was $119,205,000 or $6.93 diluted per share compared with $67,720,000 or $3.72 diluted per share for the same period last year. EBITDA was $250.200 million compared with $152.216 million for the same period last year. Capital expenditures were $132.5 million against $257.0 million a year ago. For the six months, the company reported revenue passenger miles of 4,498,533,000, available seat miles of 5,216,488,000, load factor of 86.2% and operating revenue per ASM of 12.49 cents compared to revenue passenger miles of 4,112,138,000, available seat miles of 4,670,340,000, load factor of 88.0% and operating revenue per ASM of 12.70 cents reported a year ago. For the full year of fiscal 2015, the company expects capital expenditures to be $290 million.

Allegiant to Launch Nonstop Flights from Memphis to Austin and Tampa / St. Pete

Allegiant Travel Company has announced that it will launch nonstop flights from Memphis to Austin and Tampa /St. Pete, beginning October 1, 2015. Allegiant began service to Memphis last May with flights to Ft. Lauderdale, Las Vegas and Orlando /Sanford. With today's announcement, Allegiant will offer service to five popular vacation destinations from Memphis. New routes announced are the nonstop service from Memphis International Airport (MEM) to: Austin-Bergstrom International Airport (AUS) - Operates twice weekly starting October 1, 2015; and St. Pete-Clearwater International Airport (PIE) - Operates twice weekly starting October 1, 2015.

Allegiant Travel Company Reports Preliminary Passenger Traffic Results for the Month and Second Quarter Ended June 2015

Allegiant Travel Company reported preliminary passenger traffic results for the month and second quarter ended June 2015. For the month, on the basis of scheduled service, the company’s passengers were 934,332 against 803,001 a year ago. Revenue passenger miles were 867,613,000 against 762,068,000 a year ago, Available seat miles were 978,592,000 against 841,417,000 a year ago. Load factor was 88.7% against 90.6% a year ago. For the month, on the basis of total system, passengers were 945,224 against 813,149 a year ago. Revenue passenger miles were 875,645,000 against 770,028,000 a year ago, Available seat miles were 999,222,000 against 857,208,000 a year ago. Load factor was 87.6% against 89.8% a year ago. For the second quarter, on the basis of scheduled service, the company’s passengers were 2,426,985 against 2,110,481 a year ago. Revenue passenger miles were 2,279,600,000 against 2,002,546,000 a year ago, Available seat miles were 2,628,205,000 against 2,328,546,000 a year ago. Load factor was 86.7% against 89.5% a year ago. For the month, on the basis of total system, passengers were 2,462,822 against 2,143,662 a year ago. Revenue passenger miles were 2,307,065,000 against 2,030,638,000 a year ago, Available seat miles were 2,690,457,000 against 2,289,201,000 a year ago. Load factor was 85.7% against 88.7% a year ago.

Allegiant Travel Company, Q2 2015 Earnings Call, Jul 29, 2015

Allegiant Travel Company, Q2 2015 Earnings Call, Jul 29, 2015

Allegiant Travel Company to Launch Four New Nonstop Services to Fort Lauderdale

Allegiant Travel Company has announced that it will launch nonstop jet services to Fort Lauderdale from four cities across the US, beginning October 2, 2015, including one city new to the Allegiant network. New routes announced to Fort Lauderdale include: Portsmouth, N. H., beginning October 1, 2015; Akron-Canton, Ohio, beginning October 2, 2015; Rochester, N.Y., beginning October 9, 2015; and Grand Rapids, Mi., beginning December 16, 2015. The new routes will expand on the service Allegiant currently operates to Fort Lauderdale-Hollywood International Airport.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ALGT:US $212.73 USD +0.64

ALGT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Air Arabia PJSC 1.61 AED +0.03
AirAsia Bhd 1.36 MYR +0.02
Copa Holdings SA $75.53 USD +1.66
Spirit Airlines Inc $59.82 USD +0.11
Virgin America Inc $33.34 USD +1.32
View Industry Companies
 

Industry Analysis

ALGT

Industry Average

Valuation ALGT Industry Range
Price/Earnings 26.6x
Price/Sales 3.0x
Price/Book -- Not Meaningful
Price/Cash Flow 15.6x
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALLEGIANT TRAVEL CO, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.