Allegiant Travel November Capacity Rises 9.3%
(RTTNews) - 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.
Total System capacity for the month was 1.47 million Available Seats Miles (ASMs), up 9.3 percent from 1.34 million ASMs a year ago.
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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.
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Allegiant Travel CEO John Redmond Resigns
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.
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JetBlue, Allegiant Ink Divestiture Deal In Connection With JetBlue's Combination With Spirit
JetBlue Airways Corp. (JBLU) and Allegiant (ALGT) announced Monday that the airlines have entered into a definitive agreement under which JetBlue will transfer to Allegiant all of the holdings of Spirit Airlines, Inc. (SAVE) at Boston Logan International Airport and Newark Liberty International Airport.
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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.
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China Stock Market Poised To End Losing Streak
The China stock market has ticked lower in three straight sessions, slipping more than 30 points or 0.9 percent along the way. The Shanghai Composite Index now rests just above the 3,350-point plateau although it may stop the bleeding on Tuesday.
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RBA Minutes: Australia GDP Remains Softer Than Expected
Members of the Reserve Bank of Australia's Monetary Policy Board said that the country's gross domestic product continues to be subdued and is softer than expected, minutes from the central bank's December 9-10 meeting revealed on Tuesday.
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Taiwan Shares Tipped To Open To The Upside On Tuesday
The Taiwan stock market on Monday ended the two-day losing streak in which it had retreated more than 650 points or 2.8 percent. The Taiwan Stock Exchange now rests just above the 23,100-point plateau and it's got a solid lead again for Tuesday's trade.
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BoJ Minutes: Japan Economy Growing Above Trend
Members of the Bank of Japan's Monetary Policy Board noted that Japan's economy is growing consistently and is expected to continue expanding above trend, minutes from the central bank's October 30-31 meeting revealed on Tuesday.
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