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Last $181.85 USD
Change Today +4.70 / 2.65%
Volume 239.9K
ALGT On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

allegiant travel co (ALGT) Key Developments

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.

Allegiant Travel Launches New Non-Stop Service from Brownsville to Las Vegas

Allegiant Travel Company has launched a new non-stop service from Brownsville, Texas to Las Vegas, Nevada. The flights will operate twice weekly and will fly nonstop between Brownsville South Padre Island International Airport (BRO) and Las Vegas McCarran International Airport (LAS). Allegiant partners with more than 60 of the area's most exciting hotel properties, provides low-cost car rental service through its partnership with Alamo Rent a Car, and offers great deals on activities such as show tickets and helicopter tours.

Allegiant Launches New Service between Columbus and Savannah/Hilton Head

Allegiant Travel Company has launched a new non-stop seasonal service between Columbus and Savannah/Hilton Head. The new seasonal flights will operate twice weekly through Aug. 16, 2015, and will fly nonstop between Rickenbacker International Airport (LCK) and Savannah/Hilton Head International Airport (SAV). The new flights to Savannah/Hilton Head mark Allegiant's seventh destination out of Columbus via Rickenbacker International Airport.

Allegiant Travel Company Launches Two New Services from Akron/Canton

Allegiant Travel Company has launched new services from Akron/Canton to Tampa/St. Pete and Savannah/Hilton Head. The new flights to Tampa/St. Pete operate three times weekly between Akron-Canton Airport (CAK) and St. Pete-Clearwater International Airport (PIE). Summer seasonal flights to Savannah/Hilton Head also operate three times weekly through Aug. 15 to the Savannah/Hilton Head International Airport (SAV).

Allegiant Air Launches New Flights from the Cincinnati/Northern Kentucky International Airport

Allegiant Air launched new flights from the Cincinnati/Northern Kentucky International Airport. The low-cost airline is operating flights to Austin, Texas on Sundays and Thursdays through August 16. With the addition of this service, Las Vegas-based Allegiant will offer more than 30 weekly flights to 11 destinations from CVG including Savannah/Hilton Head, Las Vegas; New Orleans; Mesa, Ariz., near Phoenix; Fort Lauderdale, Fla.; Saint Petersburg, Fla.; Jacksonville, Fla.; Myrtle Beach, S.C.; Sanford, Fla., near Orlando, and Punta Gorda, Fla., near Fort Myers.

 

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Industry Analysis

ALGT

Industry Average

Valuation ALGT Industry Range
Price/Earnings 26.6x
Price/Sales 2.6x
Price/Book 10.1x
Price/Cash Flow 14.7x
TEV/Sales 1.7x
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