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Allegiant Travel November Capacity Rises 9.3%
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(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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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.
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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.
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Rally May Stall For Indonesia Stock Market
The Indonesia stock market has tracked higher in back-to-back sessions, gathering almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just shy of the 6,450-point plateau although it may spin its wheels on Tuesday.
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Hong Kong Shares Tipped To Open In The Red
Ahead of the long Easter weekend, the Hong Kong stock market had bounced higher again on Thursday, one session after halting the six-day winning streak in which it had surged more than 1,600 points or 7.8 percent. The Hang Seng Index now sits just shy of the 21,400-point plateau although it's expected to open sharply lower on Tuesday as it catches up on missed sentiment.
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