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Allegiant Travel Company

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Allegiant Travel Company
Company typePublic
Nasdaq: ALGT
Industry
Founded1999
Headquarters,
Key people
Maurice J. Gallagher Jr.
(Chairman and CEO)
Subsidiaries
Websitewww.allegiantair.com

The Allegiant Travel Company is an American travel and hospitality company that is the parent of Allegiant Air.

History

The Allegiant Travel Company was founded in 1999[1] as the parent company of Allegiant Air,[2] which itself had been founded in 1997.[3] Initially based out of Fresno, California, the company reorganized in 2000 with Maurice J. Gallagher Jr. gaining an almost 20 percent stake in the company. He had previously been a prominent creditor of Allegiant and was one of the co-founders of ValuJet Airlines.[4]

Subsidiaries

Allegiant Air

Allegiant Air was founded in 1997[3] and is the ninth-largest commercial airline in the United States as of January 2020.[5] Part of Allegiant Air's business model includes earning commissions by selling passengers ancillary items like rental cars, hotel rooms, tickets to events, amusement park passes, and other add-ons.[4] The airline has a fleet composed of 85 Airbus jets[6] that serves more than 500 routes across the country.[5]

Sunseeker Resorts

Plans for the inaugural Sunseeker Resort in Charlotte County, Florida (known as Sunseeker Resort Charlotte Harbor) were announced in August 2017.[7]

Allegiant Nonstop

Allegiant Nonstop is an operator of family entertainment centers.[8] Formerly known as G4CE, the subsidiary currently maintains two locations in Clearfield, Utah and Warren, Michigan. Each venue features an arcade with more than 100 games, escape rooms, go-kart racing, bowling,[8] laser tag, miniature golf, and other activities.[9][10]

Other

The Allegiant Travel Company also counts the golf course management software firm, Teesnap, as one of its subsidiaries. The company was founded in 2013 and has been owned by Allegiant since its outset.[8] The firm's software was being used by 590 golf courses as of July 2019, but was also looking for a buyer for the subsidary as of the same date.[11] Another Allegiant subsidiary, Game Plane, created an eponymous game show that was filmed on Allegiant Air flights, which ran during 2014 and 2015 on the Discovery Family Channel.[8][12]

Sponsorships

The Allegiant Travel Company is the official sponsor of several sports teams and venues.

Allegiant Stadium

Allegiant Stadium under construction, March 2020.

In August 2019, Allegiant was announced as the official naming rights partner for the currently under-construction Las Vegas stadium. Allegiant Stadium, as it is now known, will be the home of the Las Vegas Raiders and the UNLV Rebels football team beginning in the 2020 season.[13]

Other sport sponsorships

Allegiant is also the official domestic airline partner of the Vegas Golden Knights.[14]

See also

References

  1. ^ "Allegiant Travel : Announces Five New Routes With One-Way Fares As Low As $55". Market Screener. November 12, 2019. Retrieved 29 March 2020.
  2. ^ Velotta, Richard N. (15 May 2009). "Las Vegas-based Allegiant sets sights on – no kidding – Cuba". Las Vegas Sun. Retrieved 29 March 2020.
  3. ^ a b Bailey, Jeff (September 21, 2006). "Flying Where Big Airlines Aren't". The New York Times. Retrieved 26 March 2020.
  4. ^ a b "Tiny Allegiant Air thrives by catering to small-town America". The Salt Lake Tribune. 28 June 2013. Retrieved 29 March 2020.
  5. ^ a b Bush, John (January 14, 2020). "Airline to offer new flight from Dayton to Florida". Dayton Business Journal. Retrieved 26 March 2020.
  6. ^ Shabat, Jay (December 4, 2019). "The Reinvention of Allegiant Air". Skift. Retrieved 21 April 2020.
  7. ^ Dean, Vicki (March 20, 2019). "Charlotte County welcomes Allegiant Sunseeker Resort". Herald Tribune. Retrieved 26 March 2020.
  8. ^ a b c d Segall, Eli (June 28, 2019). "Allegiant Ventures". Las Vegas Review Journal. Retrieved 21 April 2020.
  9. ^ Saal, Mark (10 January 2019). "2 new family fun centers provide twice the fun in Clearfield". Standard-Examiner. Retrieved 22 April 2020.
  10. ^ Louwers, Brian (March 15, 2019). "Allegiant Nonstop family entertainment center nears completion". Warren Weekly.
  11. ^ Segall, Eli (July 24, 2019). "Las Vegas-based Allegiant looks to sell major side business". Las Vegas Review Journal. Retrieved 21 April 2020.
  12. ^ Martin, Hugo (18 January 2015). "Onboard game show brings publicity, fun to Allegiant Air". Los Angeles Times. Retrieved 22 April 2020.
  13. ^ Velotta, Richard N. (August 5, 2019). "'Allegiant Stadium' official name for Raiders' Las Vegas stadium". Las Vegas Review Journal. Retrieved 29 March 2020.
  14. ^ Akers, Mick (May 7, 2019). "Allegiant Air files to trademark 'Allegiant Stadium' name". Las Vegas Review Journal. Retrieved 21 April 2020.