These airlines are asking Trump for billions [Yahoo! Finance]
Allegiant Travel Company (ALGT)
Last allegiant travel company earnings: 1/29 04:01 pm
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Source: Yahoo! Finance
The Association of Value Airlines is requesting $2.5 billion from the Trump administration to offset surging fuel costs due to the war in Iran, which the group says has significantly affected low-cost carriers, The Wall Street Journal reported. The trade group, which represents Allegiant Air, Avelo Airlines, Frontier Airlines and Sun Country Airlines, estimated that jet fuel prices will average more than $4 a gallon for the remainder of the year, according to The Wall Street Journal. Last week, jet fuel prices in North America hit an average of $4.10, an 88% increase from the same period last year, according to The New York Times The group said the requested $2.5 billion “liquidity pool” was a necessary measure to stabilize operations and maintain affordable airfare for consumers. “Since February, jet fuel prices have increased by nearly 100% and are placing significant financial pressure on value airlines,” the group said in a statement. For airlines, fuel expenses typical
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ALGT
News
- Group of budget airlines seeks relief fund from Trump administration [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