Group of budget airlines seeks relief fund from Trump administration [Yahoo! Finance]
Allegiant Travel Company (ALGT)
Last allegiant travel company earnings: 1/29 04:01 pm
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Source: Yahoo! Finance
to help its member airlines because the price of jet fuel has nearly doubled since February, endangering their ability to stay in business. File Photo by CJ Gunther/EPA-EFE April 27 (UPI) -- An industry group that represents budget airlines has reached out to the Department of Transportation about creating a $2.5 billion pool to help keep them in business as the price of jet fuel remains high. The Association of Value Airlines -- which represents Allegiant Air, Avelo Air, Frontier Airlines, Spirit Airlines and Sun Country -- said Monday that it has approached the Trump administration about the pool because an 88% increase in the cost of jet fuel is endangering their ability to do business, The Wall Street Journal and The New York Times reported. Spirit Airlines itself has been negotiating a possible $500 million bailout from the federal government after warning that it is running out of cash that is separate from the AVA request. Airlines worldwide started raising fees in Marc
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ALGT
News
- These airlines are asking Trump for billions [Yahoo! Finance]Yahoo! Finance
- Budget airlines reportedly ask federal government for $2.5B in aid tied to rising jet fuel costs [Yahoo! Finance]Yahoo! Finance
- Budget airlines reportedly ask federal government for $2.5B in aid tied to rising jet fuel costs [FOX Business Network]FOX Business Network
- Allegiant Travel Nears Sun Country Deal As Valuation Gap Draws Attention [Yahoo! Finance]Yahoo! Finance
- Allegiant Announces Future Board Composition Following Sun Country Acquisition [TheStreet.com]TheStreet.com
ALGT
Earnings
- 2/4/26 - Miss
ALGT
Sec Filings
- 4/28/26 - Form 8-K
- 4/28/26 - Form SCHEDULE
- 4/20/26 - Form 8-K
- ALGT's page on the SEC website