After returning 4,832 shares for taxes, Allegiant Travel (ALGT) CEO holds 120,849 shares.
Allegiant Travel (ALGT) CEO Gregory Clark Anderson returned 4,832 shares of common stock on October 1, 2026, for tax withholding purposes related to vested restricted stock. The shares were effectively repurchased by the company at $75.46 per share. Following this transaction, Anderson directly holds 120,849 shares.
Allegiant CEO reassures MSP crowd about Sun Country’s future
Allegiant Travel CEO Greg Anderson reassured Minneapolis civic and business leaders about the future of Sun Country Airlines following its acquisition, despite initial turbulence. He emphasized that the merger aims to combine the best aspects of both carriers, promising affordable fares and a commitment to Sun Country's legacy in Minnesota. While corporate jobs are moving to Las Vegas and Sun Country's branding will eventually be retired, Anderson reiterated a long-term strategy to grow the airline's presence in the Twin Cities, despite recent flight reductions due to pilot resignations.
How Allegiant Air Is Building America's Next Leisure Giant
Allegiant Air is distinguishing itself in the US airline industry by focusing on underserved leisure routes and prioritizing profitability over maximizing aircraft utilization. Through its acquisition of Sun Country Airlines, Allegiant aims to diversify its revenue streams, integrate international leisure markets, and incorporate cargo and charter services, positioning itself as a comprehensive leisure aviation group. The company is also enhancing its passenger offerings with premium seating and expanded distribution channels, moving beyond its traditional direct sales model.
Barclays Maintains Allegiant Travel(ALGT.US) With Buy Rating, Maintains Target Price $115
Barclays has reiterated its Buy rating on Allegiant Travel (ALGT.US) and maintained its target price at $115. This indicates a continued positive outlook from the firm regarding the airline company's stock performance.
Allegiant Travel (ALGT) executive returns vested shares for tax withholding at $77.26 each
Allegiant Travel's SVP, Chief Accounting Officer, Rebecca Aretos, returned 264 vested restricted-stock shares to the company for tax withholding on September 23, 2026, at a price of $77.26 per share. This transaction resulted in her directly holding 10,404 shares afterward, with no Rule 10b5-1 plan reported. The returned shares were used to cover required tax withholdings on the vested restricted stock.
Restricted stock vested for Allegiant Travel (ALGT) CFO Neal Robert James. He held 34,816 shares afterward.
Allegiant Travel's President & CFO, Neal Robert James, had 1,173 shares of restricted stock vest on September 23, 2026. He returned these shares to the company for tax withholding purposes, with the company effectively repurchasing them at $77.26 per share. After this transaction, James directly held 34,816 common shares of Allegiant Travel.
Form 4 Allegiant Travel Company For: 25 September By Investing.com
The article is a financial news brief from Investing.com reporting on a Form 4 filing for Allegiant Travel Company (ALGT) on September 25. Form 4s report changes in beneficial ownership of securities, often indicating insider transactions. The report mentions a 2.93% increase for ALGT, suggesting a positive market reaction to the news.
After restricted stock vested, Allegiant Travel (ALGT) commercial chief returned 1,113 shares for taxes.
Allegiant Travel's EVP and Chief Commercial Officer, Wells Drew Allen, returned 1,113 shares of common stock for tax withholding on September 23, 2026. These shares were from restricted stock that had vested over time, with each share valued at $77.26. After the transaction, Allen directly owns 34,078 shares of Allegiant Travel.
Allegiant Wins Top Award as the Best Low-Cost Airline in North America at 2026 World Airline Awards
For the third consecutive year, Allegiant Travel Company has been recognized as the Best Low-Cost Airline in North America by Skytrax at the 2026 World Airline Awards. The award reflects Allegiant's commitment to delivering a seamless and convenient travel experience, based on a global passenger satisfaction survey. This achievement, combined with its ongoing integration with Sun Country Airlines, reinforces Allegiant's position as a leading value-focused airline in the United States.
Will UBS Upgrade Change Allegiant Travel Stock's Narrative
UBS recently upgraded Allegiant Travel (ALGT) after the company's presentation at the Morgan Stanley Laguna Conference, highlighting its tangible asset base, relationships, and cargo operations. This upgrade and institutional interest could shift the investment narrative for the leisure airline, which currently reports small losses on significant revenue. The focus remains on operational execution, including pricing, cost control, and managing interest expenses, especially as recent share price weakness suggests investor sensitivity to missteps.
St. Pete-Clearwater airport inks new deal with Allegiant
Pinellas County commissioners have approved a new agreement between the St. Pete-Clearwater International Airport (PIE) and Allegiant Travel, allowing the airline to expand its operations. This deal comes as the airport prepares for renovations aimed at accommodating more passengers. The expansion reflects Allegiant's growing presence in Florida and PIE's efforts to enhance its services.
Update: Allegiant Air Launching New Nonstop Flights to Florida from Trenton-Mercer Airport
Allegiant Air is expanding its service from Trenton-Mercer Airport to Florida, launching nonstop flights to Orlando Sanford International Airport starting October 2. This new route is the fourth Florida destination added by Allegiant this year from Trenton-Mercer, following its return to the airport after a 2018 departure. The expansion comes after Spirit Airlines ceased operations, allowing Allegiant to fill the gap in budget travel options for the region, including new routes from Philadelphia International Airport as well.
Allegiant Travel attracts a bull rating from UBS on merger synergies' potential (ALGT:NASDAQ)
UBS has upgraded Allegiant Travel (ALGT) to a Buy rating, citing the market's underestimation of the long-term earnings potential from the combined Allegiant-Sun Country entity. Analyst Atul Maheswari anticipates significant EPS growth from the merger synergies.
UBS upgrades Allegiant Travel stock rating on synergy outlook
UBS has upgraded Allegiant Travel Company (NASDAQ:ALGT) from Neutral to Buy, setting a price target of $107.00, citing the market's undervaluation of the long-term earnings potential of the combined Allegiant-Sun Country entity. The firm anticipates significant EPS growth, estimating an 80% increase for fiscal year 2027 and 50% for fiscal year 2028, driven by synergies from the Sun Country acquisition. This upgrade follows Allegiant's strong Q2 2026 earnings and a new labor agreement for pilots.
UBS upgrades Allegiant Travel to Buy, sees 35% upside after sell-off
UBS has upgraded Allegiant Travel to a "buy" rating, projecting a 35% upside potential for the stock. The upgrade comes after a recent sell-off, with UBS believing the market is underestimating the airline's earnings potential following its acquisition of Sun Country, forecasting significant synergies and faster earnings growth. The brokerage also notes improving demand trends and expects a potential synergy target increase at Allegiant's upcoming analyst day.
ALGT Looks 1.9% Undervalued on GF Value™ as UBS Upgrades to Buy
UBS has upgraded Allegiant Travel Co (ALGT) to Buy, with analyst Atul Maheswari noting the recent stock price decline as an attractive entry point. The market is believed to be underappreciating the long-term earnings potential from Allegiant's acquisition of Sun Country. ALGT is currently assessed as 1.9% undervalued according to GuruFocus' GF Value, boasting a strong GF Score of 88/100, which highlights solid fundamentals, particularly in momentum and valuation.
Allegiant Travel (ALGT) Moved, What Is Behind The Fresh Attention?
Allegiant Travel (ALGT) is expanding its network with new leisure routes despite recent share price declines, aiming to improve efficiency and net margins through fleet modernization. Analysts view ALGT as 42.8% undervalued with a fair value of $136.86, based on expectations of top-line growth and a swing to profitability, though risks like soft domestic leisure demand and labor costs exist. Investors are encouraged to review the complete narrative and consider both potential upsides and warning signs.
Flurry of new routes at RSW: Allegiant adds to flight list for 2027
Allegiant Air is adding a new year-round nonstop service between Southwest Florida International Airport (RSW) and Flint, Michigan (FNT), scheduled to begin on February 11, 2027, with introductory fares as low as $69. The airline is also expanding its network by adding flights to existing routes from Flint to Sarasota and St. Pete-Clearwater, and a new route via Orlando International Airport starting February 10, 2027, due to popular demand. These new routes aim to strengthen Allegiant's presence in popular leisure destinations and provide more travel options for customers.
Allegiant Expands Michigan-Florida Service
Allegiant Travel Company is expanding its service between Michigan and Florida by adding two new year-round nonstop routes from Flint Bishop International Airport (FNT) to Orlando International Airport (MCO) and Southwest Florida International Airport (RSW), with one-way fares as low as $69. Additionally, the airline is increasing flight frequencies on existing routes from FNT to Sarasota Bradenton International Airport (SRQ) and St. Pete-Clearwater International Airport (PIE) starting in late winter 2027. This expansion aims to provide more convenient and affordable travel options for customers.
Allegiant Announces Two New Nonstop Routes Connecting Flint-Area to Premier Florida Destinations
Allegiant Travel Company has introduced two new year-round nonstop routes from Flint Bishop International Airport (FNT) to Orlando International Airport (MCO) and Southwest Florida International Airport (RSW), with one-way fares as low as $69. Additionally, due to high demand, Allegiant is increasing flight frequencies on existing routes from FNT to Sarasota Bradenton International Airport (SRQ) and St. Pete-Clearwater International Airport (PIE). These new and expanded services, launching in late winter 2027, aim to offer more convenient and affordable travel options connecting Michigan to popular Florida destinations.
SRQ, PIE expand Midwestern routes as Allegiant grows in Florida
Allegiant is significantly expanding its flight network in Florida for the spring 2027 travel season, adding new routes and increasing service. This expansion includes new connections from Flint airport and increased Midwestern routes from Sarasota-Bradenton International Airport (SRQ) and St. Pete-Clearwater International Airport (PIE). The growth is part of a strategic initiative to bolster Allegiant's presence across the state.
Allegiant adds Fort Myers to Flint, Michigan route starting in 2027
Allegiant Travel Company has announced a new nonstop route connecting Fort Myers, Florida, and Flint, Michigan, with one-way fares starting at $69. The year-round service will launch on February 11, 2027, between Southwest Florida International Airport and Bishop International Airport. This expansion is part of Allegiant's strategy to increase its presence in popular leisure destinations, offering travelers greater flexibility and value with its all-nonstop flight model.
Allegiant Adds Free Inflight Drinks From Aug 1
Allegiant Air, an ultra-low-cost carrier, is introducing free inflight beverages starting August 1, 2026. This move, surprising for a company known for charging for all extras, is part of a larger initiative including a new premium cabin, "Allegiant First," set to launch in spring 2027. These changes reflect Allegiant's merger with Sun Country into a single travel group aiming to provide more consistent and enhanced passenger experiences.
More legroom, incline: Allegiant first-class seats start with Florida flights
Allegiant Air is launching a new premium seating option called Allegiant First, starting in March 2027 on select flights from Punta Gorda, Florida. These new seats, available on newly delivered Boeing 737 MAX aircraft, will offer more legroom, a five-inch incline, calf rests, and adjustable headrests. This move is part of a broader trend among low-cost airlines to introduce premium services.
ALGT Targets $140M in Synergies as Sun Country Integration Begins
Allegiant Travel Company (ALGT) recently completed its acquisition of Sun Country, aiming for $140 million in annual run-rate synergies within three years. While the integration broadens Allegiant's network and revenue streams, it also brings challenges such as increased debt, capital expenditures, and fuel costs. The company forecasts a near-term capacity decline and a modest operating margin, emphasizing strategic capacity management to support revenue quality during the integration period.
Allegiant Air Announces Four New Orlando-Area Routes for Spring 2027
Allegiant Air is expanding its service to Central Florida by introducing four new nonstop routes to the Orlando area starting in February 2027. These new flights, part of nine new routes announced for the spring travel season, will connect cities like Cincinnati and Grand Forks to Orlando International Airport and Orlando Sanford International Airport. The expansion aims to offer more travel options during peak leisure periods, particularly from smaller and mid-sized markets to major vacation destinations.
ALGT Upgraded by Raymond James -- Price Target Lowered to $116
Raymond James has upgraded Allegiant Travel (ALGT) to a Strong Buy rating, despite lowering its price target to $116 from $138, reflecting a positive long-term outlook but caution on near-term valuation. GuruFocus indicates ALGT is 4.4% overvalued with a GF Value™ of $79.19 compared to its current price of $82.70, and its GF Score™ of 88/100 points to strong overall performance but a high trailing P/E ratio. The company, which operates a low-cost airline and bundles travel services, including a new resort, shows strong growth and momentum but potential overvaluation.
Does Raymond James’ Upgrade and Buyback Pause Reframe Allegiant Travel’s Capital Allocation Story (ALGT)?
Raymond James upgraded Allegiant Travel (ALGT) to Strong Buy due to its margin recovery levers, flexible capacity, and increased scale from the Sun Country acquisition. This upgrade, combined with a recent pause in Allegiant's share buyback program, shifts focus to the airline's balance sheet priorities and funding needs for fleet renewal and the integration of Sun Country. While the upgrade highlights potential for durable profitability, investors should also consider the risk of soft domestic leisure demand.
Allegiant Wins Two No. 1 USA TODAY Travel Awards as PGD Grows
Allegiant has won two No. 1 USA TODAY 10Best Readers’ Choice Awards for the third consecutive year: Best Airline Credit Card and Best Frequent Flyer Program. This recognition highlights Allegiant's strong loyalty products and is particularly significant for Southwest Florida, where Punta Gorda Airport (PGD), a major Allegiant hub, continues to experience significant passenger growth and expansion. The airline is also enhancing its passenger experience with new beverage service and a premium cabin product.
Allegiant Soars As Upgrade And Earnings Spark Rally
Allegiant Travel Company (ALGT) shares are surging after Zacks Research upgraded the stock to a Strong Buy. This upgrade is attributed to a standout second-quarter earnings report, which included record revenue and a significant earnings-per-share beat. Additionally, the airline's expansion into nine new nonstop routes and the successful integration of Sun Country Airlines are fueling investor enthusiasm for long-term growth.
Sun Country winds down top loyalty benefits program
Sun Country Airlines is discontinuing its top-tier "Plus" loyalty program as it integrates operations with its new owner, Allegiant Travel Co. Existing members can use "Plus" benefits through most of 2027, but enrollment ends December 31. The full merger and consolidation of loyalty programs are expected to be completed in the second half of 2027, with the Sun Country brand eventually retired.
Allegiant adds flights out of Orlando, Sanford airports with Boston, Cincinnati among destinations
Allegiant Air is expanding its service from Orlando, adding three new flights from Orlando Sanford International and one from Orlando International. Destinations include Boston and Cincinnati, among others. This expansion occurs as the budget airline industry faces challenges like high fuel costs.
Allegiant is adding 7 nonstop routes from New England to Florida in 2027
Allegiant is expanding its service between New England and Florida in 2027, introducing seven new seasonal nonstop routes. These routes, launching in February 2027, will connect Boston, Rhode Island, and Portsmouth airports to various Florida destinations. The airline's chief commercial officer stated that these additions reflect their flexible business model and aim to meet peak spring travel demand.
CVG airport now offering year-round nonstop flights to Orlando through Allegiant
CVG airport in Northern Kentucky has announced new year-round nonstop flights to Orlando, Florida, through Allegiant Airlines, starting in February. This expansion comes as Louisville no longer offers direct flights to Orlando. Tickets are now available, with some one-way fares starting as low as $53, addressing the region's consistent demand for Orlando travel.
Allegiant announces new year-round nonstop route from Cincinnati to Orlando, Florida
Allegiant Travel Company has introduced a new year-round nonstop route from Cincinnati/Northern Kentucky International Airport (CVG) to Orlando International Airport (MCO). This expansion offers more affordable travel options to Florida, with introductory one-way fares starting as low as $49. The airline's continuous growth at CVG highlights Orlando as a consistently popular destination from the region.
Allegiant adds a new nonstop route from Cincinnati/Northern Kentucky International Airport (CVG) to Orlando International Airport (MCO)
Allegiant Travel Company has announced a new nonstop route from Cincinnati/Northern Kentucky International Airport (CVG) to Orlando International Airport (MCO), starting February 12, 2027. This expansion aims to provide more affordable travel options to popular leisure destinations. Introductory one-way fares are available for as low as $49, reflecting Allegiant's strategy of connecting smaller cities to major leisure hubs.
Allegiant adds new route from St. Pete-Clearwater to Boston
Allegiant Travel Company has announced a new seasonal flight route connecting St. Pete-Clearwater International Airport to Boston. The service is scheduled to commence on February 13, 2027, and will operate until April 24, 2027. This expansion provides another travel option for passengers between these two cities during the specified period.
Allegiant Air Allways Rewards: The Ultimate Guide
This guide provides an in-depth look at Allegiant Air's Allways Rewards program, detailing how to earn and redeem points. It highlights the program's simplicity as a fixed-value currency and explains the benefits of the co-branded credit card, such as companion airfare and priority boarding. The article also covers Allegiant's unique business model as a low-cost carrier, including its fee structure and the absence of elite status or airline partners, making it suitable for budget-conscious travelers focused on direct transportation.
Allegiant adds 9 new Florida routes ahead of spring break travel season
Allegiant Air has announced nine new routes to Florida, primarily from New England, ahead of the late-winter and spring break travel season. Seven of these routes are "hyper-seasonal," operating for a limited two-month window to meet peak demand. Additionally, Allegiant is introducing year-round service between Cincinnati and Orlando, and seasonal service between Grand Forks, North Dakota, and Orlando.
Allegiant Airlines adds nonstop flight from CVG to popular vacation destination, starting next year
Allegiant Airlines has announced a new nonstop route from Cincinnati/Northern Kentucky International Airport (CVG) to Orlando International Airport, with one-way fares starting as low as $49. The new service will begin on February 12, 2027, making it easier for travelers from the Cincinnati region to reach a popular vacation destination. This expansion reflects Allegiant's strategy to respond to demand and increase options during peak leisure periods, building on its decade-long presence at CVG.
Allegiant announces new St. Pete-Boston flights, plus Sarasota-Providence route
Allegiant has announced new direct flight routes from St. Pete-Clearwater International Airport (PIE) to Boston, Massachusetts, and from Sarasota to Providence, Rhode Island. These routes will operate during the spring 2027 season, from February 13 through April 27. The expansion aims to connect leisure destinations to small and mid-size cities, offering travel options for both spring breakers and those looking to visit the Northeast.
Allegiant Travel Company Stock 12‑Month Price Target Cut to $135.79, Implies 58% Upside
Allegiant Travel Company's stock has seen its average 12-month price target adjusted to $135.79 by 14 analysts, down from $136.86. This new target suggests a potential upside of approximately 58% from its August 14 closing price. The consensus rating for ALGT remains a "Buy," with 10 analysts recommending a buy and 4 a hold.
Allegiant launches 9 new nonstop routes to Florida with fares starting at $49 for spring 2027.
Allegiant Travel Company has announced the launch of nine new nonstop routes to Florida, including seven hyper-seasonal routes designed for peak spring travel in 2027. Fares start as low as $49 for a year-round route between Cincinnati and Orlando, and $69 for a seasonal route from Grand Forks to Sanford. These additions aim to provide more affordable and convenient travel options, expanding Allegiant's network from smaller cities to popular leisure destinations.
Allegiant Travel (ALGT) Is Down 10.3% After Securing Costlier Pilot Deal And Posting Mixed Results
Allegiant Travel (ALGT) shares dropped 10.3% after the company announced mixed Q2 2026 results and a new, more expensive pilot contract. While the contract introduces higher, more predictable labor costs with immediate 40% average hourly wage increases, it also reduces operational uncertainty. Investors are now focused on how effectively Allegiant can offset these increased costs through higher fares, ancillary revenue, and efficiencies to maintain profitability and its long-term earnings power.
Allegiant Air's Massive Expansion: 7 New Routes Announced [Map]
Allegiant Air is expanding its network with seven new routes, all connecting various US East Coast cities to Florida destinations. These new routes primarily target underserved markets and will mostly be monopolized by Allegiant, with competition on only two routes. Additionally, Allegiant plans to introduce a "first class" offering and has already started providing complimentary nonalcoholic beverages to all passengers.
Allegiant Travel (NASDAQ:ALGT) Downgraded by Wall Street Zen to "Hold"
Wall Street Zen has downgraded Allegiant Travel (NASDAQ:ALGT) from a "Buy" to a "Hold" rating, despite the broader analyst consensus remaining a "Moderate Buy" with an average price target of $127. The airline recently reported quarterly EPS of $2.19, surpassing estimates, though revenue of $943.5 million, while up 36.8% year-over-year, missed expectations. Institutional ownership in Allegiant Travel remains high at 85.81%, with significant recent acquisitions by firms like BlackRock Inc. and Donald Smith & Co. Inc.
Allegiant Is Adding Free Drinks and a New Premium Cabin As Its Caribbean Network Grows With Sun Country
Allegiant is enhancing its passenger experience by introducing complimentary non-alcoholic drinks on all flights and preparing to launch "Allegiant First," a new premium cabin with upgraded amenities, in spring 2027. These changes follow Allegiant's acquisition of Sun Country Airlines, significantly expanding its international and Caribbean route network. The integration aims to offer a broader range of choices for leisure travelers, from low fares to premium services, leveraging Sun Country's extensive international footprint.
Is Allegiant Travel (ALGT) A Bargain As Earnings Improve And Pilot Costs Rise?
Allegiant Travel (ALGT) recently reported improved second-quarter 2026 results with higher sales and revenue, despite a new, higher-cost pilot contract and a smaller net loss. The company's stock shows a 44.32% one-year total shareholder return, suggesting improving sentiment. Simply Wall St's analysis indicates ALGT is currently undervalued with a fair value of $105.54 compared to its last close of $86.45, although it faces risks from reliance on leisure markets, labor inflation, and potential integration challenges.
Mesa Gateway's biggest airline added 34 new flights. Where you can fly
Mesa Gateway Airport experienced record passenger numbers in the 2025-26 fiscal year despite service reductions, showcasing its resilience. Allegiant Air, the airport's primary carrier, is restoring service with 34 additional roundtrip flights for the upcoming holiday season. These added flights are capacity increases on existing routes to various destinations across the Midwest and Western U.S.
Assenagon Asset Management S.A. Has $5.41 Million Stock Holdings in Allegiant Travel Company $ALGT
Assenagon Asset Management S.A. significantly reduced its stake in Allegiant Travel Company (NASDAQ:ALGT) by 68.4% in the second quarter, now holding 45,982 shares valued at $5.41 million. Despite this reduction, Allegiant Travel reported strong second-quarter EPS of $2.19, surpassing analyst expectations, and maintains a "Moderate Buy" consensus rating from analysts.
