Tag Archives: Allegiant Air

Allegiant adds 16 new routes, including Anchorage, Alaska

Delivered on May 22, 2018

Allegiant Air is adding 16 new routes in 2019 including its first route to Alaska (Bellingham – Anchorage):

Anchorage, Alaska

Bellingham, Washington: Seasonal service begins May 22 with two flights a week

Charleston, South Carolina

Cleveland: Seasonal service begins June 6 with two flights a week

Destin/Fort Walton Beach, Florida

Omaha, Nebraska: Seasonal service begins June 7 with two flights a week

Tulsa, Oklahoma: Seasonal service begins June 6 with two flights a week

Myrtle Beach, South Carolina

Albany, New York: Seasonal service begins June 5 with two flights a week

Hagerstown, Maryland: Seasonal service begins June 6 with two flights a week

Nashville, Tennessee

Grand Rapids, Michigan: Seasonal service begins June 6 with two flights a week

Norfolk, Virginia

Cincinnati: Seasonal service begins June 7 with two flights a week

Cleveland: Seasonal service begins June 7 with two flights a week

Mesa, Arizona

Grand Junction, Colorado: Year-round service begins April 5 with two flights a week

Kalispell/Glacier Park, Montana: Seasonal service begins May 15 with two flights a week

Knoxville, Tennessee

Denver: Seasonal service begins May 22 with two flights a week

Savannah, Georgia

Allentown, Pennsylvania: Seasonal service begins June 8 with two flights a week

Grand Rapids, Michigan: Seasonal service begins June 7 with two flights a week

Niagara Falls, New York: Seasonal service begins June 7 with two flights a week

Portsmouth, New Hampshire: Seasonal service begins June 8 with two flights a week

Top Copyright Photo: Allegiant Air Airbus A320-214 WL N256NV (msn 8220) LAX (Michael B. Ing). Image: 943865.

Allegiant aircraft slide show:

x

Advertisements

Allegiant Air announces a new aircraft base in Grand Rapids, MI

Allegiant Air Airbus A319-111 N312NV (msn 2289) LAX (Michael B. Ing). Image: 945204.

Allegiant Air has announced plans to establish a two-aircraft base at Gerald R. Ford International Airport in Grand Rapids, Michigan. Allegiant’s growth plans in the state include creating at least 66 new, high-wage jobs.  As part of today’s presentation, the company also announced service to two new cities – Nashville, Tennesseeand Savannah, Georgia.

Today, Allegiant serves 11 nonstop routes from the state of Michigan, including flights from Grand Rapids and Flint.

New seasonal service from Gerald R. Ford International Airport (GRR) announced today includes:

Nashville, Tennessee via Nashville International Airport (BNA) – beginning June 6, 2019 Savannah, Georgia via Savannah / Hilton Head International Airport (SAV) – beginning June 7, 2019

Allegiant began operating at Gerald R. Ford International Airport in 2009 and with today’s announcement now offers nine nonstop routes – to Las Vegas; Mesa, Arizona; to five cities in Florida: St. Petersburg/Clearwater, Punta Gorda, Fort Lauderdale/Hollywood, Sanford and Sarasota/Bradenton; and seasonal service to Nashville and Savannah beginning in June.

Allegiant currently carries more than 300,000 annual passengers through Grand Rapids.

Grand Rapids will become the airline’s 16th aircraft base, which will allow Allegiant to expand its service to and from the city, offer more new nonstop routes in the future, and further connect Grand Rapids businesses, residents and visitors to destinations around the world.

Top Copyright Photo (all others by the airline): Allegiant Air Airbus A319-111 N312NV (msn 2289) LAX (Michael B. Ing). Image: 945204.

Allegiant Air aircraft slide show:

x

 

Allegiant unveils a revised Make-A-Wish® livery

Updated 2018 "Make-A-Wish" special livery

Allegiant Air has officially debuted an Airbus A320 aircraft featuring an updated look: the new blue and white Make-A-Wish® logo.

Allegiant’s aircraft featuring the new Make-A-Wish livery is based in Orlando Sanford International Airport.

The aircraft, which has served as the world’s largest mobile billboard promoting the six-year partnership between Make-A-Wish and Allegiant, was recently repainted to reflect the nonprofit’s newly-redesigned logo. Allegiant released on social media a new time-lapse video (below) showing the plane’s transformation.

The blue and white Make-A-Wish brand, with a shooting star dotting the “I” in “Wish,” starts in front of the plane’s wings and stretches across half of the fuselage down to the tail, where it meets the orange of Allegiant’s iconic sunburst logo.

The special livery is the only one in Allegiant’s fleet highlighting the airline’s dedication to helping Make-A-Wish grant wishes to children with critical illnesses.

The aircraft is based at Orlando Sanford International Airport in Florida, a fitting location, as more than 95 percent of Make-A-Wish kids flown by Allegiant travel there to visit the city’s theme parks.

Since 2012, Allegiant has partnered with Make-A-Wish, helping to fulfill the wishes of more than 1,400 children. The airline is currently a Wish Champion, recognized for making $1 million in annual contributions.

Top Copyright Photo (all others by the airline): Allegiant Air Airbus A320-214 N218NV (msn 1229) (Make-A-Wish) FLL (Andy Cripps). Image: 945203.

Allegiant aircraft slide show:

x

Allegiant retires the last MD-80, is now all-Airbus

Type Retired: November 28, 2018 (flight AAY 3 FAT - LAS with N417NV)

Allegiant Air yesterday (November 28, 2018) retired its last McDonnell Douglas DC-9-82/83/87 and MD-88 (MD-80 series) from revenue service as it retraced its first route between Fresno and Las Vegas.

The aircraft landed at Las Vegas at 3:29 pm PST and received a water cannon salute at LAS ending an era for the company.

The pictured (top) McDonnell Douglas DC-9-83 (MD-83) N417NV flew flight AAY 3 from FAT to LAS.

Top Copyright Photo (all others by the airline): Allegiant Air McDonnell Douglas DC-9-83 (MD-83) N417NV (msn 53347) LGB (Michael B. Ing). Image: 907039.

Allegiant aircraft slide show:

x

 

 

Allegiant to add 9 new routes from Sarasota/Bradenton

Allegiant Air Airbus A319-111 N317NV (msn 2477) LAX (Michael B. Ing). Image: 944028.

Allegiant Air is adding 9 new routes from Sarasota-Bradenton International Airport for this winter/spring season.

Allegiant Air is also adding a new nonstop seasonal service between Louisville (Louisville International Airport – SDF) and New Orleans (Louis Armstrong New Orleans International Airport).

Starting on February 22, 2019 Sarasota-Bradenton passengers will be able to fly nonstop to Asheville, North Carolina, and Baltimore, Maryland.

Starting in April, 2019, the carrier will offer twice-weekly nonstop service to Syracuse, New York; Harrisburg, Pennsylvania; Richmond, Virginia; Columbus, Ohio; Cleveland, Ohio; Grand Rapids, Michigan; and Nashville, Tennessee.

Top Copyright Photo: Allegiant Air Airbus A319-111 N317NV (msn 2477) LAX (Michael B. Ing). Image: 944028.

Allegiant aircraft slide show:

x

Allegiant Travel Company releases its third quarter 2018 financial results, the last MD-80 to be retired after Thanksgiving holiday period

Allegiant Air McDonnell Douglas DC-9-83 (MD-83) N411NV (msn 53245) RDU (Ton Jochems). Image: 944220.

Allegiant Travel Company (Allegiant Air) has reported the following financial results for the third quarter 2018, as well as comparisons to the prior year:

Three Months Ended September 30, Nine Months Ended September 30,
Unaudited 2018 2017 Change 2018 2017 Change
Total operating revenue (millions) $ 393.1 $ 350.2 12.3 % $ 1,255.3 $ 1,132.0 10.9 %
Operating income (millions) 26.2 44.3 (41.0 ) 180.4 203.9 (11.5 )
Net income (millions) 15.1 23.4 (35.2 ) 120.4 114.8 4.9
Diluted earnings per share $ 0.94 $ 1.45 (35.2 ) $ 7.45 $ 6.99 6.6

“We are proud to announce our 63rd consecutive profitable quarter,” stated Maurice J. Gallagher, Jr., chairman and CEO of Allegiant Travel Company.  “Our transition to an all-Airbus fleet is nearly complete.  Our decision to move the transition up by a year from 2019 to 2018 has proven to be an excellent one given the higher fuel cost environment.  Compared to our all-MD-80 fleet from 2010, we expect our ASMs per gallon to increase by almost 40 percent in 2019, from 59 ASMs per gallon to the low 80s.

“This has been a busy couple of years across the Company as we transitioned our fleet.  Since the end of 2016:

We will have purchased and inducted 43 Airbus aircraft, while retiring 47 MDs.  We will have trained more than 350 Airbus pilots and 300 maintenance technicians as well as our flight attendants, ground staff and other operations personnel by the time we fly the final MD-80 flight at the end of November.

We have grown the Company 20 percent in capacity (ASMs), adding 51 routes and carrying 13.6 million passengers during the last twelve months, an increase of 1.64 million passengers over 2016.

We have dramatically improved our operations.  Since last October, we have led the industry in monthly completion factor six times and have been among the top three except for a few months.  Our on-time performance is improving nicely as well; this September we were up ten percentage points in A14, from 72 percent to 82 percent.

“I couldn’t be more excited about where we are at this point in our history.  As we outlined in our Sunseeker Resort investor day, we are ready for Allegiant 2.0.  Stay tuned!

“Needless to say, we couldn’t have accomplished this difficult transition without our great group of team members.  They have done an amazing job this quarter – as well as over this entire past year – with the highly complex effort to transition our fleet and improve our operations.  Hats off to the entire team for their tireless professionalism in any environment.”

Shareholder returns

  • 2018 shareholder returns – over $33 million in the first three quarters of the year through dividends
    ° Will pay dividends of $0.70 per share on December 5, 2018 to shareholders of record as of November 23, 2018

2018 outlook

  • Fourth quarter scheduled and system ASMs are expected to grow between four and six percent vs last year
    ° The remaining MD-80s will be retired immediately after the Thanksgiving travel period
  • 2018 full year ASM growth is expected to be between 9.5 and 10.5 percent
  • 2018 full year tax rate is expected to be between 18 and 19 percent
  • 2018 full year average fuel cost is expected to be $2.38 per gallon using the forward curve as of October 23, 2018
  • Due to several one-time maintenance events, 2018 maintenance per aircraft per month is expected to be between $90 and $95 thousand
  • 2018 EPS is expected to be between $9 and $10 per share even with the higher than expected fuel cost
Guidance, subject to revision
Full year 2018 guidance Previous* Current
Fuel cost per gallon $2.35 $2.38
Available seat miles (ASMs) / gallon 77.5 to 78.5 77.5 to 78.5
Interest expense (millions) $50 to $60 $50 to $60
Tax rate 21 to 22% 18 to 19%
Share count (millions)  15.9  15.9
Earnings per share $9 to $10 $9 to $10
System ASMs – year over year change 9 to 11% 9.5 to 10.5%
Scheduled service ASMs – year over year change 9 to 11% 9.5 to 10.5%
Depreciation expense / aircraft / month (thousands) $115 to $120 $115 to $120
Maintenance expense / aircraft / month (thousands) $80 to $85 $90 to $95
Full year 2018 CAPEX guidance
Capital expenditures (millions) ** $300 $300
Capitalized Airbus deferred heavy maintenance (millions) *** $45 $45
Sunseeker CAPEX
2018 year to date (millions) $15
Project since inception (millions) $46

* – Previous guidance as of July 25, 2018
** – Excludes Sunseeker Resorts
*** – Not included in capital expenditure total

Aircraft fleet plan by end of period
Aircraft – (seats per AC) 1Q18 2Q18 3Q18 YE18
MD-80 (166 seats) 32 27 19
A319 (156 seats) 26 31 31 32
A320 (177/186 seats) 30 35 43 44
Total 88 93 93 76

Aircraft listed in table above include only in-service aircraft, planned retirements and future aircraft under contract (subject to change).

Top Copyright Photo: Allegiant Air McDonnell Douglas DC-9-83 (MD-83) N411NV (msn 53245) RDU (Ton Jochems). Image: 944220.

Allegiant aircraft slide show:

x

Allegiant and Vegas Golden Knights announce multi-year partnership agreement

Ex EC-HHA, delivered on April 20, 2018

Allegiant Air and the Vegas Golden Knights announced today an unprecedented multi-year partnership, designating Allegiant as the “Official Domestic Airline Partner of the Vegas Golden Knights.”  The partnership – in Allegiant’s hometown of Las Vegas – promises to engage hockey fans across North America through key activations and sponsored content.

In addition to the exclusive designation as the “Official Domestic Airline Partner of the Vegas Golden Knights,” Allegiant will engage hockey fans at various touchpoints throughout T-Mobile Arena, through on-site activations on Toshiba Plaza and via digital and social media. Fans can expect big fun from Allegiant throughout the season including Vegas Golden Knights tickets and autographed gear giveaways and much more.

The Vegas Golden Knights are a National Hockey League franchise owned and operated by Black Knight Sports and Entertainment LLC. The Vegas Golden Knights were established by founding partners William Foley and his family and the Maloof family.

Copyright Photo: Allegiant Air Airbus A320-214 N214NV (msn 1221) (Vueling colors) BWI (Tony Storck). Image: 943456.

Allegiant Air aircraft slide show:

x