Trade Allegiant Travel Co - ALGT CFD

Allegiant Travel Company Company profile

About Allegiant Travel Company

Allegiant Travel Company is a leisure travel company that is focused on providing travel services and products to residents of under-served cities in the United States. The Company offers Scheduled service air transportation and Ancillary air-related products and services. Its Scheduled service air transportation provides scheduled air transportation on limited-frequency, nonstop flights predominantly between under-served cities and popular leisure destinations. Its Ancillary air-related products and services provide unbundled air-related services and products in conjunction with air transportation for an additional cost to customers. It also operates non-airline related entities that include the development of Sunseeker Resort and related golf course, and Teesnap golf course management solutions. It also operates a passenger airline that sells air transportation both on a stand-alone basis and bundled with the sale of ancillary air-related and third-party services and products.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Allegiant Travel Company revenues increased 73% to $1.71B. Net income applicable to common stockholders totaled $149.6M vs. loss of $184.3M. Revenues reflect Revenue Passenger- Scheduled Service increase of 58% to 13.5M, Load Factor, Total -% increase of 18% to 68.4%. Net Income reflects Airline segment income totaling $271.7M vs. loss of $104.7M.

Equity composition

Common Stock $.001 Par, 06/11, 100M auth., 21,542,685 issd. less 2,491,425 shs. in Treas. @ $97.7M. Insiders own approx. 20.96%. IPO: 12/06, 5M shares @ $18 by Merrill Lynch, Pierce, Fenner & Smith Inc., Bear, Stearns & Co. Inc., Raymond James & Associates, Inc.