ALGT

Allegiant Travel Company ( ALGT ) Q3 2026 Earnings Call November 4, 2026 4:30 PM EST Company Participants Sherry Wilson - Managing Director of Investor Relations Gregory Anderson - CEO & Director Drew Wells - Executive VP & Chief Commercial Officer Robert Neal - President & CFO Conference Call Participants Savanthi Syth - Raymond James & Associates, Inc., Research Division Michael Linenberg - Deutsche Bank AG, Research Division Duane Pfennigwerth - Evercore ISI Institutional Equities, Research Division James Kirby - JPMorgan Chase & Co, Research Division Conor Cunningham - Melius Research LLC Ravi Shanker - Morgan Stanley, Research Division Catherine O'Brien - Goldman Sachs Group, Inc., Research Division Andrew Didora - BofA Securities, Research Division Christopher Stathoulopoulos - Susquehanna Financial Group, LLLP, Research Division Daniel McKenzie - Seaport Research Partners Presentation Operator Hello, everyone. Thank you for joining us, and welcome to the Allegiant Travel Company Third Quarter 2026 Earnings Call.

Third quarter 2026 GAAP loss per share of $(0.56) Third quarter 2026 adjusted diluted loss per share of $(0.03) (1)(2)(3) * Year-to-date results include the financial performance of Sun Country only from and after the date the acquisition closed on May 13, 2026 LAS VEGAS, Nov. 4, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported the below financial results for third quarter 2026, as well as comparisons to the prior year. "Allegiant delivered another quarter of operating profitability, expanding our adjusted operating margin by 340 basis points year over year on a pro forma basis in our seasonally slowest quarter, despite a more than 55 percent surge in fuel costs per gallon," stated Greg Anderson, chief executive officer of Allegiant Travel Company.

New Allegiant Training Program invests in flight attendant development through a first-of-its-kind collaboration with one of the world's leading hospitality schools. LAS VEGAS, Nov. 2, 2026 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) is taking the next step in its customer experience journey through a new partnership with the University of Nevada, Las Vegas (UNLV) William F.

LAS VEGAS, Oct. 27, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today that it has accepted the resignation of Jude Bricker from his position on the company's board of directors, effective immediately, as he has shared plans to pursue other professional opportunities within the industry. Bricker joined Allegiant's board upon the closing of the company's acquisition of Sun Country Airlines in May 2026.

For third consecutive year, Allegiant takes first place for its exceptional service LAS VEGAS, Sept. 18, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named 2026's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organization, marking the third consecutive year Allegiant has won the award.

As broad industry sentiment cooled amid volatile jet fuel prices, Allegiant Travel Company NASDAQ: ALGT shares retreated roughly 28% from their summer highs to trade near $78. That pullback created a distinct valuation disconnect.

ALGT is set to add year-round nonstop Flint flights to Orlando and Fort Myers in February 2027, with introductory one-way fares starting at $69.

Allegiant Travel Company is rated Buy with a $90 price target, leveraging the Sun Country acquisition for diversification and margin expansion. ALGT's unique low-utilization model, robust Amazon cargo contract, and $140M in expected cost savings underpin resilience against fuel and labor headwinds. Q2 saw industry-leading 9.2% operating margins, record revenue per seat, and strategic capacity cuts to protect profitability amid rising jet fuel and labor costs.

For a limited time, travelers can receive one-way fares as low as $69*  LAS VEGAS, Sept. 1, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today added two new year-round nonstop routes from Flint Bishop International Airport (FNT) to Orlando International Airport (MCO) and Southwest Florida International Airport (RSW), with limited time one-way fares as low as $69*.

Allegiant targets at least $140M in annual synergies from Sun Country as integration expands scale while debt, fuel and capital needs raise execution pressure.