Allegiant Travel Surges: A Look At Results

May 27, 2022 3:03 PM ETAllegiant Travel Company (ALGT)2 Comments

Summary

  • Allegiant Travel saw topline growth being absorbed by growing costs.
  • Airline has cut 10% of its schedule for the second quarter to improve operational reliability.
  • With capacity about pre-pandemic levels, Allegiant Air is a step ahead.
  • I do much more than just articles at The Aerospace Forum: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Allegiant Air Airbus A319 aircraft taking off from Phoenix-Mesa Gateway airport in Arizona.

Ryan Fletcher/iStock Editorial via Getty Images

Allegiant Travel (NASDAQ:ALGT) was one of the names that provided a lift to the airline names during this week's trading. The airline made an interesting pivot earlier this year as it ordered

Allegiant Air Travel Company Q1 2022 Results

Allegiant Travel Company Q1 2022 Results (Allegiant Travel Company)

Allegiant Air aircraft The Aerospace Forum

Allegiant Air Aircraft (Allegiant Travel Company)

This article was written by

Dhierin Bechai profile picture
14.3K Followers
In-depth insights from an expert on the aerospace and airline industries
Dhierin is a leading contributor covering the aerospace industry on Seeking Alpha and the founder of The Aerospace Forum. With his Aerospace Engineering background he has a more indepth knowledge about aerospace products enabling him to cover a complex niche. Most of his reports will be about companies in the aerospace industry or airlines industry, comparing products and looking at market forecasts providing investors with unique and thorough insights. Dhierin has accumulated nearly 20 million views never failing to spark healthy and thoughtful discussions for investors and aerospace professionals.

His reports have been cited by CNBC, the Puget Sound Business Journal, the Wichita Business Journal and National Public Radio. His expertise is also leveraged in Luchtvaartnieuws Magazine, the biggest aviation magazine in the Benelux.

AeroAnalysis offers wide variety of services, ranging from providing data and cost models to consultancy possibilities. Check out our website for more information. Though we believe in the strong nature of our analysis, we are in no way giving buy or sell recommendations and advise everyone to do their own due diligence before making investment decisions.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (2)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.