Allegiant Travel Company

Overview

type	Public
traded as	nasdaq: ALGT S&P 600 component
industry	Tourism
founded	1999
hq location city	Summerlin, Nevada
hq location country	United States
key people	Gregory C. Anderson (president and CEO)
revenue	US$2.513 billion (2024)
operating income	US$(240) million (2024)
net income	US$(240) million (2024)
assets	US$4.43 billion (2024)
equity	US$1.089 billion (2024)
num employees	5,991 (2023)
subsid	Allegiant Air
website	allegiantair.com
footnotes	Financials as of December 31, 2024. References:

The Allegiant Travel Company is an American airline holding and hospitality company headquartered in Las Vegas, Nevada. The company owns the airline Allegiant Air.

History

The Allegiant Travel Company was founded in 1999[1] as the parent company of Allegiant Air,[2] which itself had been founded in 1997. Initially based out of Fresno, California, the company reorganized in 2000 with Maurice J. Gallagher Jr. gaining an almost 20 percent stake in the company. He had previously been a prominent creditor of Allegiant and was one of the co-founders of ValuJet Airlines.[3]

In May 2006, Allegiant Travel Company filed plans for an initial public offering (IPO).[4]

Subsidiaries

Allegiant Air

Allegiant Air was founded in 1997[14] and is the ninth-largest commercial airline in the United States as of January 2020.[15] Part of Allegiant Air's business model includes earning commissions by selling passengers ancillary items like rental cars, hotel rooms, tickets to events, amusement park passes, and other add-ons.[3] The airline has a fleet composed of 126 Airbus and Boeing jets[16] that serves more than 500 routes across the country.[15]

Other

The Allegiant Travel Company also counts the golf course management software firm, Teesnap, as one of its subsidiaries. The company was founded in 2013 and has been owned by Allegiant since its outset.[17] The firm's software was being used by 590 golf courses as of November 2023, but was also looking for a buyer for the subsidiary as of the same date.[18] Another Allegiant subsidiary, Game Plane, created an eponymous game show that was filmed on Allegiant Air flights, which ran during 2014 and 2015 on the Discovery Family Channel.[17][19] Allegiant Travel also operated an information technology company called Allegiant Systems that had the goal of selling software systems to other airlines.[20]

Allegiant Travel formerly operated family entertainment centers in Utah and Michigan.[17][21] Known as Allegiant Nonstop, the company closed the centers in 2020.[22]

The company also built and briefly operated Sunseeker Resort in Charlotte County, Florida, which it intended to be the first in a chain. Plans for the inaugural Sunseeker Resort Charlotte Harbor were announced in August 2017.[23] Construction on the project was initially halted due to the COVID-19 pandemic, but resumed in 2021 with plans for the 500 room, 180 extended-stay suite resort.[24] The resort opened on December 15, 2023.[25] On September 4, 2025, Allegiant Travel Company sold the resort to the Blackstone, an investment firm that strategically acquires and manages "troubled assets", for $200 million,[26] which will operate the resort under Hilton's Curio Collection brand.

Allegiant Travel Company

History

Business trends

Subsidiaries

Allegiant Air

Other

Sponsorships

Allegiant Stadium

Other sport sponsorships

See also

External links

References