Allegiant Travel
Company Overview
Allegiant Travel Company is an integrated travel company with an airline at its heart, focused on connecting customers with premier leisure destinations. The company operates a low-cost passenger airline through its subsidiary Allegiant Air, offering scheduled air transportation on limited-frequency, nonstop flights between under-served cities and popular leisure destinations.
The company also generates revenue from ancillary products and services such as baggage fees, seat assignment fees, in-flight products, third-party travel products (like hotel rooms, rental cars, and attraction tickets), and co-branded credit card arrangements.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $562.2m | $615.68m | - | $27.14m | 0.00% | 4.41% |
| June 30, 2024 | $666.28m | $659.32m | - | $27.93m | 0.00% | 4.24% |
| March 31, 2024 | $656.41m | $669.93m | - | $28.98m | 0.00% | 4.33% |
Company Impact
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