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Allegiant Travel CEO John Redmond Resigns

RTTNews | 570 dagar sedan

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.

Taggar: 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 | 479 dagar sedan

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 | 515 dagar sedan

JetBlue, Allegiant Ink Divestiture Deal In Connection With JetBlue's Combination With Spirit

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.

RTTNews | 587 dagar sedan

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 | 1038 dagar sedan

Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, reversing the gains in the previous session, following the mixed cues from Wall Street on Thursday, with the Nikkei 225 falling below 34,500 level, with weakness across most sectors led by exporters and financial stocks.

RTTNews | 1h 10minuter sedan

U.S. Dollar Drops Against Majors

U.S. Dollar Drops Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Friday.

RTTNews | 2 dagar sedan

NZ Dollar Falls Amid RBNZ Rate Cut Speculations

NZ Dollar Falls Amid RBNZ Rate Cut Speculations

The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as traders speculate additional easing by the Reserve Bank of New Zealand (RBNZ).

RTTNews | 2 dagar sedan

NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Friday.

RTTNews | 2 dagar sedan

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