Delta CEO Sees Lengthy Battle Over Fate of Aeromexico Alliance [BNN Bloomberg (Canada)]
Allegiant Travel Company (ALGT)
Last allegiant travel company earnings: 1/29 04:01 pm
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Source: BNN Bloomberg
The proposed breakup of the relationship has set the two carriers at odds with the US Transportation Department, saying the plan punishes the partnership for Mexican government actions beyond their control. “It will be a long, drawn-out process,” Delta Chief Executive Officer Ed Bastian said in an interview. “We have a lot of parties engaged at this stage, and a lot of customers are engaged and very upset.” The agency cited the effect on American carriers of Mexico's decision to prohibit cargo operations at Benito Juarez International Airport, the main airport serving Mexico City, due to traffic saturation levels. While the Mexican government has not offered plans to add operational capacity at Benito Juarez, President Andres Manuel Lopez Obrador has been trying to boost traffic at Felipe Angeles International Airport, a flagship project 50 kilometers (31 miles) north of Mexico City. The DOT action follows US suspension last year of a joint venture between ultra-low-cost carr
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News
- Is Allegiant Travel Company (NASDAQ:ALGT) Potentially Undervalued? [Yahoo! Finance]Yahoo! Finance
- Allegiant Flight Attendants Vote to Approve New Labor Contract [Yahoo! Finance]Yahoo! Finance
- Allegiant Flight Attendants Vote to Approve New Labor ContractPR Newswire
- Allegiant Travel (NASDAQ: ALGT) had its price target lowered by analysts at Susquehanna from $76.00 to $65.00. They now have a "neutral" rating on the stock.MarketBeat
- Allegiant Travel (NASDAQ: ALGT) had its price target lowered by analysts at Barclays PLC from $65.00 to $60.00. They now have an "equal weight" rating on the stock.MarketBeat
ALGT
Earnings
- 2/5/24 - Beat
ALGT
Sec Filings
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- ALGT's page on the SEC website