Allegiant Travel Company

Allegiant Q3 Revenue Hits $961.6M as Fuel Costs Jump 55.5%

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Allegiant Q3 Revenue Hits $961.6M as Fuel Costs Jump 55.5%

Las Vegas – November 04, 2026 -- Allegiant Travel Company (NASDAQ: ALGT) generated third-quarter 2026 operating revenue of $961.6M and an adjusted operating margin of 3.1%, up 3.4 percentage points year over year on a pro forma basis, even as fuel cost per gallon rose 55.5%. The carrier posted a GAAP loss of $0.56 per share and an adjusted diluted loss of $0.03 per share.

Pro forma unit revenue rises 28.3% on 5.7% less capacity

Record third-quarter TRASM reached 14.18 cents, up 28.3% year over year, while pro forma capacity fell 5.7%. Management cut capacity to protect margins in a high-fuel environment. Adjusted operating income totaled $29.8M, and adjusted EBITDA reached $110.9M, an 11.5% margin and 1.6 points better than the prior year on a pro forma basis. Adjusted loss before income taxes was $1.7M.

Allegiant Wins Skytrax Best Low-Cost Airline Award Third Year Running

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Allegiant Wins Skytrax Best Low-Cost Airline Award Third Year Running

Las Vegas – – September 20, 2026 -- Allegiant Travel Company (NASDAQ: ALGT) has been named 2026's Best Low-Cost Airline in North America by Skytrax, marking the third consecutive year the carrier has won the title. The airline received the award during Skytrax's World Airline Awards ceremony in London, an event widely regarded as the industry's top honor for customer service.

Skytrax survey counted 24.8 million eligible entries from over 100 nationalities

The rating organization conducted the world's largest airline passenger satisfaction survey to determine the winners, running from September 2025 through August 2026. "We congratulate Allegiant on this fabulous achievement by winning this third successive award as North America's Best Low-Cost Airline," said Edward Plaisted, Chief Executive Officer of Skytrax, citing strong customer recognition of the airline's service standards.

Allegiant Travel to Acquire Sun Country Airlines in Leisure Market Consolidation Move

SHERIDAN, WYOMING - April 14, 2026 - Allegiant Travel Company has announced plans to acquire Sun Country Airlines, a deal that would consolidate two of the United States' most prominent leisure-focused ultra-low-cost carriers. The transaction signals a strategic push by Allegiant to expand its route network and passenger base beyond its current scale of approximately 17 million annual passengers, 541 routes, and 121 cities served. For the domestic leisure travel segment, the combination raises immediate questions about competitive capacity, pricing dynamics, and network overlap in key sun-belt and resort markets.