Tag Archives: Allegiant Air

Allegiant announces largest service expansion in company history with 3 new cities and 44 nonstop routes

Allegiant to introduce a “Spies in Disguise” logo jet

Allegiant Air made this announcement:

Allegiant, Twentieth Century Fox and Blue Sky Studios are teaming up to celebrate Spies in Disguise, an animated spy comedy adventure debuting Christmas Day.

From Thanksgiving through January, in flight, in airports and online, the airline’s customers will be a part of the movie’s epic journey, with opportunities to win prizes, participate in contests and online sweepstakes*, purchase exclusive holiday gifts and enjoy Spies in Disguise-related surprises and experiences.

In November, Allegiant will unveil a newly-designed aircraft with a Spies in Disguise-themed livery wrapping the exterior, featuring larger-than-life images of the film’s lead characters, voiced by stars Will Smith and Tom Holland. The plane will be based at Cincinnati/Northern Kentucky International Airport.

On Dec. 2, customers looking for holiday gifts won’t have to be super spies to detect Allegiant’s special prices on airfares, hotel and rental car reservations offered during the airline’s annual Cyber Monday sale, cloaked in a special Spies in Disguise theme.

From Dec. 8 through Dec. 25 online fans will also spy Allegiant’s exclusive Spies in DisguiseSweepstakes, with more opportunities to win travel vouchers, movie gift cards and other prizes through the company’s website, Allegiant.com/SpiesInDisguise. Be sure to follow Allegiant on Facebook, Twitter and Instagram @Allegiant, or check for updates on our website, Allegiant.com.

Even those customers who don’t get a chance to “spy” the aircraft in person will be part of the celebration. Travelers on every Allegiant flight during the promotion will be treated to in-flight goodies such as drink napkins featuring characters from the movie. While on board, Allegiant customers can also check out a special Spies in Disguise edition of the Sunseeker in-flight magazine, featuring an exclusive Q&A with filmmakers.

There’s even something exciting for aspiring sleuths. Allegiant will give away 25,000 Junior Spy Kits – featuring a mini-magnifying glass, invisible ink pen, scratch pad and binoculars – at locations including Cincinnati/Northern Kentucky International Airport, Orlando-Sanford International Airport, Indianapolis International Airport and Phoenix-Mesa Gateway Airport.

“More than any other airline, Allegiant is all about making sure families have access to vacations through affordable, nonstop flights – whether they are visiting with relatives in other cities, or heading to a special destination,” said Scott DeAngelo, Allegiant’s chief marketing officer. “Teaming up with Spies in Disguise to offer some stealthy and unexpected fun is a perfect way to provide an extra treat for kids of all ages this holiday season.”

* About the Sweepstakes

The “Fly Like a Spy” Sweepstakes is open to legal residents of the 50 United States and the District of Columbia who are at least 18 years of age or older at time of entry. Void where prohibited. Sweepstakes runs Dec. 8 – 25, 2019. Fourteen winners will be selected at random to receive the following prizes: one grand prize of $500 worth of Allegiant Air travel vouchers and four movie tickets to a local screening of Spies in Disguise, awarded in the form of a Fandango gift card (valued at $60); three second-place prizes of $250 worth of Allegiant Air travel vouchers and two movie tickets to a local screening of Spies in Disguise, awarded in the form of a Fandango gift card (valued at $30); and 10 third place prizes of $100 worth of Allegiant Air travel vouchers. Participants can enter the Sweepstakes by completing and submitting an entry form at Allegiant.com/SpiesInDisguise.

About Spies in Disguise

Twentieth Century Fox presents a Blue Sky Studios production, Spies in Disguise, an animated spy comedy adventure set in the slick, high-octane, globe-trotting world of international espionage. Super spy Lance Sterling (Will Smith) and scientist Walter Beckett (Tom Holland) are almost exact opposites. Lance is smooth, suave and debonair. Walter is…not. But when events take an unexpected turn, this unlikely duo is forced to team up for the ultimate mission that will require an almost impossible disguise – transforming Lance into the brave, fierce, majestic…pigeon. Walter and Lance suddenly have to work as a team, or the whole world is in peril. Spies in Disguise is directed by Troy Quane and Nick Bruno from a screenplay by Brad Copeland and Lloyd Taylor and a screen story by Cindy Davis inspired by the animated short film “Pigeon Impossible” by Lucas Martell. The film stars Will Smith, Tom Holland, Rashida Jones, Ben Mendelsohn, Reba McEntire, Rachel Brosnahan, Karen Gillan, DJ Khaled and Masi Oka. Spies in Disguise is produced by Peter Chernin, Jenno Topping, Michael J. Travers, p.g.a., with Chris Wedge and Kori Adelson serving as executive producers.

Spies in Disguise opens in U.S. theaters December 25, 2019.

Video:

Allegiant announces five new routes, introduces a Vegas Golden Knights logo jet

Allegiant Air has announced five new nonstop routes, including two new routes to the Gulf Coast and three new routes to Nashville.

Three new seasonal routes to Nashville International Airport (BNA):

Des Moines, Iowa via Des Moines International Airport (DSM) – beginning Feb. 13, 2020
Gulfport, Mississippi via Gulfport-Biloxi International Airport (GPT) – beginning Feb. 15, 2020
Appleton, Wisconsin via Appleton International Airport (ATW) – beginning Feb. 14, 2020

One new seasonal route to Punta Gorda Airport (PGD):

Richmond, Virginia via Richmond International Airport (ATW) – beginning Feb. 13, 2020

One new seasonal route to Sarasota-Bradenton International Airport (SRQ):

Allentown, Pennsylvania via Lehigh Valley International Airport (ABE) – beginning Feb. 13, 2020

Photos: Allegiant Air. N302NV in now in the colors of the Vegas Golden Knights, the local hockey team.

Allegiant Air announces a new base in Des Moines

Allegiant Air has made this announcement:

State and local officials joined executives from Allegiant Travel Company today as the company announced plans to establish a two-aircraft base at Des Moines International Airport (DSM). The announcement heralds the leisure airline’s 20^th base of operations, a $50 million investment which will locate two Airbus A320 aircraft in Des Moines, bringing at least 66 new, high-wage jobs to the community. The Las Vegas-based carrier will begin base operations at DSM on May 14, 2020.

Allegiant began service at DSM in 2003 and currently offers eight non-stop routes – to Orlando-Sanford, St. Pete-Clearwater, Punta Gorda, Destin-Fort Walton Beach and Sarasota, Florida; Phoenix-Mesa, Arizona; Los Angeles, California; and Las Vegas, Nevada. Allegiant in 2018 carried more than 232,000 annual passengers through Des Moines, and is on track to eclipse that number in 2019.

Allegiant to establish a new base in Nashville

Allegiant Travel Company today announced plans to establish a base of operations at Nashville International Airport (BNA). The Las Vegas-based company will invest $50 million to establish the new base, creating at least 66 new, high-wage jobs and housing two Airbus aircraft.

The company, which focuses on linking travelers in small-to-medium cities to world-class leisure destinations, plans to begin its base operations in Nashville on February 13, 2020. The music city airport will become the airline’s 19^th aircraft base.

Allegiant began operating at BNA in 2018 and currently offers twelve nonstop routes – Sanford, St. Petersburg-Clearwater, Punta Gorda and Sarasota/Bradenton, Florida; Harrisburg and Lehigh Valley (ABE), Pennsylvania; Bentonville/Fayetteville, Arkansas; Cedar Rapids, Iowa; Grand Rapids, Michigan; Syracuse, New York; Cleveland, Ohio and Richmond, Virginia. During 2019 to date, Allegiant has flown more than 177,000 passengers through Nashville (January through September).

Allegiant aircraft photo gallery:

Allegiant Travel Company reports its third quarter 2019 financial results

Allegiant Travel Company have reported the following financial results for the third quarter 2019, as well as comparisons to the prior year:

Consolidated	Three Months Ended September 30,						Percent Change		Nine Months Ended September 30,						Percent Change
(unaudited)	2019			2018					2019			2018
Total operating revenue (millions)	$	436.5		$	393.1		11.0	%	$	1,379.9		$	1,255.3		9.9	%
Operating income (millions)	72.1			26.2			175.5		271.3			180.4			50.4
Net income (millions)	43.9			15.1			190.0		171.6			120.4			42.6
Diluted earnings per share	$	2.70		$	0.94		187.2	%	$	10.54		$	7.45		41.5	%


Airline only	Three Months Ended September 30,						Percent Change		Nine Months Ended September 30,						Percent Change
(unaudited)	2019			2018					2019			2018
Airline operating revenue (millions)⁽¹⁾	$	430.9		$	390.4		10.4	%	$	1,366.0		$	1,249.3		9.3	%
Airline operating income (millions)⁽¹⁾	77.3			29.7			160.3	%	291.4			187.7			55.2	%
Airline operating margin	17.9		%	7.6		%	10.3	pts.	21.3		%	15.0		%	6.3	pts.
Airline diluted earnings per share⁽¹⁾	$	3.06		$	1.15		166.1	%	$	11.85		$	7.91		49.8	%

Airline CASM ex fuel (cents)⁽¹⁾	6.40			6.78			(5.6)	%	6.13			6.37			(3.8)	%

(1) Denotes a non-GAAP financial measure. Refer to the Non-GAAP Presentation section within this document for further information.

“I couldn’t be happier about our post-fleet transition results with our third consecutive quarter of airline margin expansion,” stated Maurice J. Gallagher, Jr., chairman and CEO of Allegiant Travel Company. “This is our 67^thconsecutive profitable quarter and we’ve nearly tripled EPS versus the same period a year ago, despite having eight fewer aircraft in the current fleet. Airline operating margin increased ten-plus points to almost 18 percent in the quarter. Even without the year-over-year benefits from lower fuel cost per gallon, our airline operating margins would have been greater than 15 percent, almost twice as high as last year.

“We have discussed a number of times previously how our model post-transition will remain intact. After three full quarters, I am comfortable stating not only is it intact, it is actually better today than with the MD-80 fleet. Our revenue per aircraft is greater, and we have the ability to fly profitably further down the off-peak curve, thereby allowing us greater fleet utilization both in our weekly cycle and in our peak months. As an example, our average daily block hour per aircraft in the past three years, 2016-2018 averaged 6.2 hours in Q3. This year we averaged 7.4 hours, a 19.4 percent increase in utilization. We are in an excellent place in the history of the company. We have spent the past three-to-four years devising our current Allegiant 2.0 plan, and we are pacing nicely in the implementation. Our team members have been a critical component in the execution of the plan. We continue to excel in operational performance, number one in overall completion reported to date for the third quarter. Our product is our people, and it keeps getting better every day. Hats off to all who produced a tremendous quarter during a very busy summer.”

Airline only third quarter 2019 results

Diluted earnings per share were $3.06, an increase of nearly $2.00 per share versus last year
17.9 percent operating margin for the quarter and 21.3 percent year to date
TRASM increased 4.3 percent despite capacity growth of 5.8 percent
- Quarter negatively impacted .5 percent due to Hurricane Dorian
Total fare increased 1.8 percent despite increasing aircraft utilization by 15.6 percent
Fixed fee flying set a quarterly record of almost $20 million in revenue contribution
Cobrand credit card total revenue was $2.58 per passenger during the quarter
- Named Best Airline Co-Branded Credit Card by the USA Today 10Best Readers Choice Awards
Third party hotel net revenue grew 17 percent easily exceeding growth in passengers
Fuel gallons used increased only 3.0 percent on ASM growth of 6.7 percent
- Increase in ASMs per gallon of 3.6 percent to 80.3
Airline unit cost excluding fuel decreased by 5.6 percent
- Maintenance, continued improvement in operations, and lower airport fees were the largest drivers

Airline operational highlights

Departures in the third quarter were up 8.2 percent year over year despite eight fewer average number of aircraft in service
Improved industry leading completion despite an increase in cancellations of more than 1.5x due to weather
- Controllable completion was 99.97 percent, up from 99.52 percent year over year
On time performance (A-14) for the quarter was 79.2 percent up 4.7 points year over year
- Controllable A-14 was 88.3 percent, up 4.5 points from last year
Irregular operations costs – third quarter down $5.5 million or 53 percent
- Year to date irregular operations costs were down $14 million or 53 percent

Liquidity and shareholder returns

Total cash and investments at September 30 were $442 million
Total debt declined from the second quarter to $1.4 billion
We have 30 unencumbered aircraft
$81 million available under the revolving credit facility
Returned $14.7 million through share repurchases in the quarter – purchased at an average of $141.64 per share
- Currently have approximately $85 million in share repurchase authority
Returned $11 million in dividends in the third quarter
- Expect to pay dividend of $0.70 per share on December 12, 2019 to shareholders of record as of November 22, 2019

Non-airline highlights

Non-airline businesses resulted in a combined operating loss of $5.2 million during third quarter
In discussion with potential buyers for Teesnap

Allegiant Air aircraft photo gallery:

Allegiant announces a new base in the Lehigh Valley, PA

Allegiant Air made this announcement:

State and local officials joined executives from Allegiant Travel Company today as the company announced plans to establish a two-aircraft base at Lehigh Valley International Airport (ABE) in Lehigh County, Pennsylvania. Allegiant’s growth plans in the state include creating at least 66 new, high-wage jobs.

The Las Vegas-based company is investing $50 million to establish its new base of operations, which will house two Airbus aircraft. The company, which focuses on linking travelers in small-to-medium cities to world-class leisure destinations, plans to begin its base operations at Lehigh Valley International Airport on February 12, 2020. Lehigh Valleywill become the airline’s 18^th aircraft base.

The Lehigh Valley is a two-county region in eastern Pennsylvania consisting of 62 municipalities and three cities; Allentown, Bethlehem, and Easton. Located one hour north of Philadelphia and 90 minutes west of New York City, the Lehigh Valley is the 69th largest metropolitan region in the United States, with a $40.1 billion GDP that is larger than that of two entire states, Wyoming and Vermont. With more than 15,000 businesses contributing to an incredibly diverse industry base, Lehigh Valley is the fastest growing and third most populous region in the state of Pennsylvania, with a population of more than 670,000 residents. Site Selection named the Lehigh Valley one of the top five fastest-growing regions with under a million people in the United States in 2018, and the fastest-growing region of its size in the Northeast U.S. for a third consecutive year.

Allegiant began operating at ABE in 2005 and currently offers seven nonstop routes – to Fort Lauderdale/Hollywood, Sanford, St. Petersburg-Clearwater and Punta Gorda, Florida; Myrtle Beach, South Carolina; Nashville, Tennessee and Savannah, Georgia. Allegiant currently carries more than 280,000 annual passengers through Lehigh Valley.

Current routes from ABE: