Allegiant Travel Company, a leisure travel company, focuses on providing travel services and products to residents of small, underserved cities in the United States. The company operates a passenger airline marketed primarily to leisure travelers in small cities, allowing the company to sell air transportation both on a stand-alone basis and bundled with the sale of air-related and third party services and products. In addition, it provides air transportation under fixed fee flying arrangements. Products and Services Scheduled service air transportation: The company provides scheduled air transportation on limited frequency nonstop flights predominantly between small city markets and popular leisure destinations. As of February 1, 2014, its operating fleet consisted of 53 MD-80 aircraft, 7 Airbus A320 aircraft, 3 Airbus A319 aircraft and 6 Boeing 757-200 aircraft providing service on 225 routes to 99 cities. Air-related ancillary products and services: The company provides unbundled air-related services and products in conjunction with air transportation for an additional cost to customers. These optional air-related services and products include baggage fees, advance seat assignments, its own travel protection product, change fees, use of its call center for purchases, priority boarding, food and beverage purchases on board and other air-related services. Third party ancillary products and services: The company offers third party travel products such as hotel rooms, ground transportation (rental cars and hotel shuttle products) and attractions (show tickets) for sale to its passengers. Fixed fee contract air transportation: The company provides air transportation through fixed fee agreements and charter service on a year-round and ad-hoc basis. The company has established a route network with a national footprint, providing service on 225 routes between 86 small cities and 13 leisure destinations, and serving 39 states as of February 1, 2014. In most of these cities, the company provides service to more than one of its leisure destinations. The company provides service to the leisure destinations of Las Vegas, Nevada, Orlando, Florida, Phoenix, Arizona, Tampa/St. Petersburg, Florida, Los Angeles, California, Ft. Lauderdale, Florida, Punta Gorda, Florida, the San Francisco Bay Area, California, Honolulu, Hawaii, Maui, Hawaii and Palm Springs, California. The company provides service on a seasonal basis to San Diego, California, and Myrtle Beach, South Carolina. Ancillary product offerings The company’s third party product offerings allow its customers the opportunity to purchase hotels, rental cars, show tickets, and other attractions. The company’s third party offerings are available to customers based on its agreements with various premier travel and leisure companies. For example, the company has direct contracts with approximately 525 hotel and casino resort properties throughout the country, which allow the company to provide hotel rooms in packages sold to its customers. In addition, the company has an exclusive agreement with Enterprise Holdings Inc. for the sale of rental cars packaged with air travel. Government Regulation The company is subject to federal, state and local laws affecting the airline industry and to extensive regulation by the U.S. Department of Transportation, the Federal Aviation Administration and other governmental agencies. Competition The company competes with Southwest on 12 routes; six routes into Las Vegas, one route into Phoenix, two routes into Orlando, two routes into Tampa and one route into Ft. Myers. The company competes with Frontier on one route into Orlando and with American on three routes into Phoenix. The company competes with Alaska Airlines on two routes into Hawaii (Honolulu and Maui) and on one route into Las Vegas. The company competes with Hawaiian Airlines on three routes into Honolulu, including its Los Angeles-Honolulu route, where the company also competes with American, Delta and United. The company competes with Delta on one route into Orlando and one into Ft. Myers. The company also competes on one route with Spirit (Plattsburgh-Ft. Lauderdale). In addition, the company competes with smaller regional jet aircraft on several routes, including Fresno-Las Vegas (United), Eugene-Los Angeles (American), Medford-Los Angeles (United), Northwest Arkansas-Los Angeles (American), Wichita-Los Angeles (United). Indirectly, the company competes with Southwest/Airtran, American, Delta and other carriers that provide nonstop service to its leisure destinations from airports near its small city markets. History Allegiant Travel Company was founded in 1997.
allegiant travel co (ALGT:NASDAQ GS)
8360 South Durango Drive
Las Vegas, NV 89113
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