Archive for the ‘ALGT’ Category
Tuesday, February 24th, 2009
Allegiant went on the record about its move into LAX. And, the comments were a bit strange coming from Allegiant. Why not Ontario? The facilities were too expensive. Alright, I'll buy that as an explanation when comparing other pros/cons with LAX. Why not San Bernardino? Here is where it gets ...
Posted in ALGT | No Comments »
Friday, February 20th, 2009
A couple stories out this week about LCCs heading to airports non-traditional for LCCs. First, Allegiant announced it will be serving a dozen cities from LAX. Los Angeles as a destination makes sense, but flying out of LAX is a bit of a surprise. With their weekly and bi-weekly service ...
Posted in ALGT, Southwest | No Comments »
Thursday, January 8th, 2009
As more and more airlines start to charge for baggage and seat assignments Allegiant Air continues to chug away with profits and a high stock price after years of employing these tactics. Still, they haven't been mimicked and it's worth taking a few minutes to look at Allegiant's process. ...
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Wednesday, December 3rd, 2008
First Punta Gorda had flights from Skybus. Those evaporated quickly. A couple weeks ago Direct Air moved in with flights to a few cities. Now, they've hit the homerun by landing Allegiant. Allegiant will start service in March 2009 with flights to Greenville/Spartanburg and Knoxville. While Direct Air still ...
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Tuesday, November 11th, 2008
Allegiant announced yesterday that it is moving 70 miles west on I-96 from Lansing to Grand Rapids. Although Allegiant has been in Lansing for 5 years, this can't be terribly surprising. Lansing is only 88 miles from DTW which has low cost competition from Spirit. In addition, the Grand Rapids ...
Posted in ALGT, Uncategorized | No Comments »
Thursday, November 6th, 2008
We've reached the point where it is safe to say that Allegiant is no longer an unknown (or undervalued) player on the street. That is, while every other airline stock has tanked this year along with the rest of the market, ALGT is up 20%. It hit a 52-week high ...
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Tuesday, August 5th, 2008
A couple interesting things regarding July traffic:1. Allegiant posted a ridiclious 95% load factor for July up from 91% year over year. That is a crazy number. The stock is up 14% up over the past week, jumping 11% today.2. You might be seeing this headline out there: ...
Posted in ALGT, LUV | No Comments »
Monday, July 7th, 2008
As crude oil prices climbed last week, the airline sector took a hit across the board. Nothing new here. But, then you see news that Allegiant filled 94% of its seats in June, up 5.4 points from the previous year, and you wonder if the stock should really ...
Posted in ALGT | 2 Comments »
