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ALGT News4 articles
Allegiant Air Cuts 61 Routes, Shifts to Shorter Flights Amid High Fuel Costs
Allegiant Air is cutting 61 routes and reducing Q2 capacity by 6.5% as fuel costs rise to $4.35/gallon, shifting focus to shorter, more profitable flights. Shares rose 2.1% to $102.89.
Allegiant Air Cuts 61 Routes in Major Summer Network Overhaul
Allegiant Air is slashing 61 routes from its July 2026 schedule versus July 2025, leading to a net reduction of 12 routes despite new additions, with smaller airports hit hardest.
Allegiant Travel Closes Sun Country Acquisition, Creates Combined Airline
Allegiant Travel has completed its acquisition of Sun Country Airlines, creating a combined carrier with 195 aircraft and nearly 175 destinations.
Spirit Airlines Seeks Federal Equity Stake to Avoid Liquidation
Spirit Airlines is negotiating a potential federal equity investment to secure emergency funding, with rising jet fuel expenses threatening its solvency. The budget carrier faces liquidation risk without immediate relief.