ALGT

Allegiant Travel Company operates as a leisure-focused airline and travel services provider, primarily serving underserved cities in the United States. Headquartered in Las Vegas, Nevada, the company functions through two main segments: airline operations and Sunseeker Resorts. Allegiant's low-cost carrier model emphasizes non-stop flights from small to mid-sized cities to popular vacation destinations, including Las Vegas, Florida, Phoenix, and California. The airline operates a fleet of approximately 130 Airbus aircraft and distinguishes itself through an ultra-low-cost structure that generates ancillary revenue from seat selection, baggage fees, and travel-related products. The company employs around 4,500 team members and serves over 130 cities across its route network. Allegiant diversifies beyond air travel by offering bundled vacation packages, hotel accommodations, rental cars, and attraction tickets through its website and mobile platform. In October 2023, the company opened Sunseeker Resort Charlotte Harbor, a 785-room resort on Florida's Gulf Coast, marking its strategic expansion into the hospitality sector. This vertical integration supports Allegiant's destination-focused business model. The airline maintains one of the industry's lowest cost structures and targets leisure travelers seeking affordable vacation options. Allegiant's scheduled service model typically operates flights two to three times weekly on specific routes, optimizing aircraft utilization while minimizing competition on its point-to-point network.