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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,...

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, and entertainment tickets. Allegiant primarily serves small city markets with flights to leisure destinations.

General information

Firm type

other

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

Mobility & TransportationReal EstateInfrastructure

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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