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4-Traders Homepage  >  Equities  >  Nasdaq  >  Allegiant Travel Company    ALGT

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Allegiant Travel Company : ALLEGIANT CELEBRATES NEW NONSTOP SERVICE BETWEEN SIOUX FALLS AND TAMPA BAY AREA

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11/01/2013 | 11:58am CET

ALLEGIANT CELEBRATES NEW NONSTOP SERVICE BETWEEN
SIOUX FALLS AND TAMPA BAY AREA
COMPANY OFFERS INTRODUCTORY ONE-WAY FARES AS LOW AS $95*

FOR DOWNLOADABLE BROADCAST QUALITY VIDEO VISIT:
http://gofly.us/11e7mRA

  • Allegiant St. Pete-Clearwater B-Roll footage 

SIOUX FALLS, S.D. Nov. 1, 2013 - Allegiant (NASDAQ: ALGT) today celebrates new, nonstop jet service between Sioux Falls Regional Airport (FSD) and Tampa Bay via St. Pete-Clearwater International Airport (PIE). The company, known for its exceptional travel deals, will offer fares as low as $95* one way.

"We are pleased to bring another affordable travel option for Sioux Falls residents to escape the cold this winter," said Andrew C. Levy, Allegiant Travel Company President.  "We are confident the community will appreciate the convenience of flying nonstop to the Tampa Bay Area and the value of booking hotel rooms and car rentals through us."

"Sioux Falls Regional Airport and Allegiant share a common goal: to offer the people of this region more affordable options to a variety of places so they can get where they need to go quickly and affordably," said Dan Letellier, executive director at Sioux Falls Regional Airport. "We are excited to continue our partnership with Allegiant and offer this exciting new destination for our travelers."

The new flights will operate twice weekly between Sioux Falls Regional Airport (FSD) and St. Pete-Clearwater International Airport (PIE).  Flight days, times and the lowest fares can be found at Allegiant.com.

With an average 361 days of sunshine each year, the Tampa Bay and St. Petersburg-Clearwater areas are the perfect escape for South Dakota travelers. Allegiant partners with more than 20 of the area's most exciting hotel properties, provides low-cost car rental service through its partnership with Alamo Rent a Car, and offers great deals on activities such as dinner and ocean exploration cruises. Sioux Falls travelers can book their entire Tampa Bay vacation for less by visiting Allegiant.com.

Sioux Falls residents can now get more out of their vacation when they book airfare and hotel on Allegiant.com. Current deals include:

About the $95* one-way fares:
Seats are limited. Price includes taxes and fees. Fares are one-way and not available on all flights. Must be purchased by Nov. 7, 2013, for travel by April 29, 2014. Price reflects debit card discount; credit card price higher. For baggage fees, please visit Allegiant.com. Additional restrictions may apply.

Allegiant, Travel is our deal. ®
Las Vegas-based Allegiant Travel Company (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, Allegiant.com. The company has been named one of America's 100 Best Small Companies by Forbes Magazine for four consecutive years. For downloadable press kit, including photos, visit: http://gofly.us/17bZ4xO.

###

Media Contact:
Phone: 702-853-4625
Email:  mediarelations@allegiantair.com


HUG#1739901


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Financials ($)
Sales 2016 1 357 M
EBIT 2016 371 M
Net income 2016 217 M
Debt 2016 573 M
Yield 2016 2,36%
P/E ratio 2016 12,06
P/E ratio 2017 13,69
EV / Sales 2016 2,35x
EV / Sales 2017 2,19x
Capitalization 2 618 M
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Consensus
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 170 $
Spread / Average Target 7,5%
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Managers
NameTitle
Maurice J. Gallagher Chairman & Chief Executive Officer
John T. Redmond President & Director
Jude I. Bricker COO, Secretary & Senior Vice President-Planning
D. Scott Sheldon Chief Financial Officer & Senior Vice President
Scott M. Allard Chief Information Officer
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