ALGT

Allegiant Travel Company - Common Stock

$56.33

Price of Allegiant stock today

The current price of ALGT is $56.33, with a market capitalization of $1,006.7. ALGT shares are listed on the NASDAQ stock exchange.

About Allegiant Travel Company

Allegiant Travel Company, through its subsidiary Allegiant Air LLC, operates a low-cost passenger airline. It focuses on linking leisure travelers in small and medium sized cities to world-class leisure destinations. The company focuses on unbundling its air-related products and services like baggage fees, advance seat assignment among others. Allegiant, which also offers air transportation through fixed fee flight arrangements, focuses on generating significant additional ancillary revenues thanks to its unique business model. By focusing on leisure travelers only, this unique business model enables the company to avoid heavy costs of serving a variety of customers. In order to reduce costs, Allegiant usually purchases used aircraft with useful remaining years. Additionally, this non-traditional approach also brings down distribution- related expenses.

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