$ALGT

Allegiant Travel (ALGT) accepted the resignation of director Jude Bricker, effective October 23, 2026. Bricker is joining a newly formed company that agreed to purchase a U.S. charter airline. The company did not disclose a replacement.

Allegiant Travel CO (ALGT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Pursuant to the charter of the Nominating and Governance Committee of Allegiant Travel Company (the “Company”), a director i

Allegiant Travel has extended employment agreements with CEO Gregory Anderson, CFO Robert Neal, and another executive until 2029. Anderson's deal includes a $750,000 salary, 180% target cash bonus, and 300% target stock grant. Neal's agreement offers a $525,000 salary, 150% target cash bonus, and 225% target stock grant. All agreements include severance benefits.

Allegiant Air exercised six options for Boeing 737-8 aircraft, scheduled for 2028 delivery, with a combined list price over $720 million. This brings the total firm aircraft under the 2021 agreement to 56, with 74 options remaining. The move aims to expand and modernize the fleet, according to the company.

Allegiant Travel CO (ALGT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. On October 19, 2026, Allegiant Air, LLC, a subsidiary of Allegiant Travel Company (the “Company”), entered into supplemental agreements with The Boeing Company (“Boeing”) documenting the exercise by the Company of the first si

Allegiant Travel CO (ALGT) filed an SEC Form 8-K — Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On October 13, 2026, the Company, through a wholly owned subsidiary, borrowed the entire $177.5 million available under a previously reported credit facili

Allegiant Travel CEO Greg Anderson assured Minnesota leaders that the acquisition of Sun Country Airlines will benefit travelers and the state, despite initial challenges. The $1.5 billion deal, completed this spring, faces scrutiny over Allegiant's commitment to MSP, Sun Country's largest base. Sun Country has cut flights due to pilot resignations, with September flying down 40% year-over-year. Anderson pledged long-term growth in the Twin Cities.

Susquehanna Financial Group reduced price targets for eight airline stocks, citing higher fuel costs. Delta (DAL) was cut to $100, United (UAL) to $150, American (AAL) to $15, Alaska (ALK) to $50, Southwest (LUV) to $45, Allegiant (ALGT) to $85, JetBlue (JBLU) to $4, and Frontier (ULCC) to $6. Earnings estimates for Delta were also lowered. Higher fuel prices are expected to impact earnings through 2027.

Allegiant Travel (ALGT) stock rose 3.1% in pre-market trading after Citi added it to a 90-day positive Catalyst Watch list, maintaining a Buy/High Risk rating and $156 price target, implying 100% upside. Citi cited Allegiant's Sun Country integration, expected to generate $140M in annual synergies by 2029, and favorable macro conditions with easing yields and lower oil prices.

Citi upgraded JetBlue to Neutral/High Risk and added Allegiant Travel to a 90-day positive Catalyst Watch. JetBlue shares rose 3.7% and Allegiant shares rose 2.8% in premarket trading. Citi cited valuation for the JetBlue upgrade and set a $156 price target for Allegiant, implying 100% upside. The bank expects conservative 2027 capacity plans to sustain a rally in airline stocks.