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 under-served cities, allowing it 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, the company provides air transportation under fixed fee flying arrangements. Scheduled Service Air Transportation: The company provides scheduled air transportation on limited-frequency nonstop flights predominantly between under-served cities and leisure destinations. As of February 2, 2015, the company’s operating fleet consisted of 53 MD-80 aircraft, 11 A320 series aircraft, and 6 Boeing 757-200 aircraft providing service on 229 routes to 94 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. 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. Other Revenue: Consists principally of lease payments on aircraft or engines that the company owns and is being leased to third parties. 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. The company has an exclusive agreement with Enterprise Holdings Inc. for the sale of rental cars packaged with air travel. Competition The company competes with Southwest Airlines on 11 routes: 5 routes into Las Vegas, 1 route between the San Francisco Bay area and Phoenix, 2 routes into Orlando, 2 routes into Tampa, and 1 route into Ft. Myers. The company competes with Frontier Airlines on six routes: three routes into Orlando, and one route into Las Vegas, Phoenix, and Ft. Lauderdale. The company competes with Delta Airlines on seven routes: one route into Las Vegas, Phoenix, Orlando, Tampa, Ft. Myers, Ft. Lauderdale, and Honolulu. The company also faces competition with American Airlines, Hawaiian Airlines, and United Airlines on its Hawaii routes. It also competes with US Airways on one route between Phoenix and the San Francisco Bay area, with Alaska Air between Las Vegas and Bellingham, and with Spirit Airlines between Plattsburgh and Ft. Lauderdale. In addition, the company competes with smaller regional jet aircraft on various routes, including Eugene-Los Angeles (American Airlines), Medford-Los Angeles (United Airlines), and Northwest Arkansas-Los Angeles (American Airlines). Indirectly, the company competes with Southwest, American, Delta, and other carriers that provide nonstop service to its leisure destinations from airports near its markets. 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. The company’s labor relations are covered under the Railway Labor Act of 1926, as amended, and are subject to the jurisdiction of the National Mediation Board. History Allegiant Travel Company was founded in 1997.
allegiant travel co (ALGT:NASDAQ GS)
1201 North Town Center Drive
Las Vegas, NV 89144
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