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Allegiant Travel Company
Allegiant Travel Company is an airline founded in 1997 in Las Vegas, Nevada. It offers airfares and vacation packages with hotel accommodations, car rentals,...
Overview
Allegiant Travel Company is an airline founded in 1997 in Las Vegas, Nevada. It offers airfares and vacation packages with hotel accommodations, car rentals, and entertainment tickets. Allegiant primarily serves small city markets with flights to leisure destinations.
General information
Year founded
1997
Location
Region
North America
Country
United States
City
Las Vegas
Corporate office
Las Vegas, NV, United States
Additional offices
Boise, ID, United States
Principals
Maurice Gallagher Jr.
Chairman and CEO
John Redmond
President
Gregory Anderson
Chief Financial Officer
Sector focus
Frequently asked questions
Who controls investment decisions at Allegiant Travel Company?
Maurice Gallagher Jr., as Chairman and CEO, oversees both airline operations and the family's personal investment portfolio. The firm's publicly traded entity, Allegiant Travel Company (NASDAQ: ALGT), is managed by a board of directors, but Gallagher's family office decisions are separate and not publicly disclosed.
How does Allegiant's business model differ from other airlines?
Allegiant focuses exclusively on secondary and tertiary US airports, avoiding major hubs like Atlanta or Chicago. It operates a standardized fleet of older Airbus aircraft, generates revenue through ancillary fees and vacation packages, and owns its own maintenance facilities. This vertical integration lowers costs and increases control over the travel experience (per company filings).
Has Allegiant diversified beyond air travel?
Yes. Allegiant owns the Sunseeker Resort in Charlotte Harbor, Florida, a 785-room hotel that opened in 2023. The company also owns a hotel in Phoenix and operates a vacation packaging business. These real estate assets generate additional revenue streams and provide hedges against airline industry volatility.
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