(ALGT) Allegiant Travel - Ratings and Ratios

Allegiant Travel Company is a leisure travel company that specializes in providing travel services to residents of under-served cities in the United States, focusing on delivering affordable and convenient air transportation to popular leisure destinations. By operating a fleet of 126 Airbus A320 series aircraft, the company offers scheduled air transportation on limited-frequency, nonstop flights, connecting under-served cities to desirable vacation spots. This approach enables Allegiant to cater to a specific niche in the market, providing an essential service to areas that may have limited access to air travel.

In addition to its core air transportation business, Allegiant Travel Company generates revenue through a range of air-related services and products, including baggage fees, advance seat assignments, and travel protection products. The company also offers priority boarding, a customer convenience fee, and food and beverage purchases on board, providing passengers with a seamless and hassle-free travel experience. Furthermore, Allegiant's call center serves as a one-stop-shop for customers to make purchases and book travel arrangements, streamlining the process and enhancing customer convenience.

Allegiant Travel Company's product portfolio extends beyond air transportation, with the company offering third-party travel products such as hotel rooms, ground transportation, including rental cars and hotel shuttle services. The company also provides air transportation services through fixed fee agreements and charter services on a year-round and ad-hoc basis, catering to the diverse needs of its customers. Moreover, Allegiant operates a golf course, further diversifying its revenue streams and solidifying its position as a leisure travel company. With a history dating back to 1997 and a strong online presence through its website, Allegiant Travel Company is well-established in the market, with its common stock listed on the NASDAQ under the ticker symbol ALGT.

As a publicly traded company, Allegiant Travel Company is classified under the GICS Sub Industry of Passenger Airlines, highlighting its core focus on air transportation. With its headquarters in Las Vegas, Nevada, the company is strategically located to serve the leisure travel needs of the US market, providing an essential link between under-served cities and popular vacation destinations. Through its commitment to delivering affordable and convenient travel services, Allegiant Travel Company has established itself as a key player in the US leisure travel market, with a strong brand presence and a loyal customer base.