Allegiant Travel CEO John Redmond Resigns

RTTNews | vor 571 Tagen
Stocktwits
Allegiant Travel CEO John Redmond Resigns

(RTTNews) - Allegiant Travel Co. (ALGT) announced Thursday that John Redmond has resigned as chief executive officer and as a member of the Board of Directors effective immediately. Maurice Gallagher, former CEO, current executive chairman and one of the Company's largest stockholders, will resume the CEO role.

Gallagher, an innovator in the aviation industry, will also maintain his role as chairman of Allegiant's board.

Gallagher has spent more than four decades developing and building successful airline business models, culminating with Allegiant. When Gallagher took control of Allegiant in 2001, it had one airplane and was just emerging from bankruptcy.

Gallagher has grown the Company into one of the most profitable airlines in the world with more than 120 aircraft, operating more than 550 routes across more than 120 cities in the United States.

Tags: ALGT
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Allegiant Travel November Capacity Rises 9.3%

Allegiant Travel November Capacity Rises 9.3%

While reporting preliminary passenger traffic results for November 2023 on Thursday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.33 million passengers across the total system in November 2023, up 9.2 percent from 1.22 million passengers in November 2022.
RTTNews | vor 480 Tagen
Allegiant Travel October Capacity Rises 13.3%

Allegiant Travel October Capacity Rises 13.3%

While reporting preliminary passenger traffic results for October 2023 on Wednesday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.44 million passengers in October 2023, up 12.8 percent from 1.28 million passengers in October 2022.
RTTNews | vor 516 Tagen
Allegiant Travel May Capacity Rises 17.1%

Allegiant Travel May Capacity Rises 17.1%

While reporting preliminary passenger traffic results for May 2022 on Friday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.47 million passengers in May 2022, up 40.0 percent from 1.05 million passengers in May 2021.
RTTNews | vor 1039 Tagen
Australian Market Pares Strong Losses In Mid-market

Australian Market Pares Strong Losses In Mid-market

The Australian stock market is paring its strong early losses in mid-market trading on Tuesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 7,800 level, with weakness in technology and energy stocks partially offset by gains in gold miners and financial stocks.
RTTNews | vor 33 Minuten
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Tuesday, following the negative cues from Wall Street overnight, as traders remain concerned about a global trade war while they await signs of progress from US President Donald Trump's trade talks. Potentially adding to the worries, China has threatened to retaliate against any countries that reach a trade deal with the U.S. at the expense of China.
RTTNews | vor 1Std 16 Minuten
Lower Open Predicted For Thai Stock Market

Lower Open Predicted For Thai Stock Market

The Thai stock market on Monday halted the three-day winning streak in which it had advanced more than 20 points or 1.9 percent. The Stock Exchange of Thailand now sits just beneath the 1,135-point plateau and it's expected to see continued consolidation on Tuesday.
RTTNews | vor 2Std 24 Minuten
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling to near the 34,200 level, with weakness in exporters, technology and financial stocks.
RTTNews | vor 2Std 43 Minuten
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