For those that don't know, there is a small airline called Allegient that flies out of Greenville, SC and several Florida locations. Other places as well. They are on the RyanAir model. RyanAir in the leading discount airline in Europe and flies more passengers than any other. Prices start at $29 each way. Allegent does not fly every day, for example, from Greenville it is on Friday's and Monday's starting in a few weeks. Perfect for a 3 or 6 day vacation in Florida.
Bags are extra, preferred seat selection is extra, and there are some taxes. But overall, it is a very good deal. i have flown it and think the seat pitch is better than Delta, and the seats were leather. The plane was rather new. It is direct, no changes, a big plus. It flies to Punta Gorda which is great for me, I have friends living there, and Allegient is the only airline serving it, so parking is easy, no lines, no other passengers for other flights. It has a different atmosphere -- almost like a private plane out of that airport.
They do not list their flights on Kyak, Expedia or anything like that, so while it is the best deal, you won't find it on normal internet searches. You must go to their website.
I believe I have flown Allegiant Air http://www.allegiantair.com/ to get from Spokane, WA, to Las Vegas, NV. I was pretty sure it was a charter by the resort, because the entire plane was full and the staff was more fun than usual.
ReplyDeleteOn 09 Jan 12, they published their most recent traffic report. About an 89% load factor, 2.9% increase in departures, 4.6% increase in passengers, and 3.2% increase in revenue passenger miles for 2011 over 2010. The Dec 11 vs. Dec 10 results even significantly better.
Their guidance for 12Q1 and 12Q2 year-over-year growth for departures and available seat miles is impressive. Double digit.
From their press: The company ranked ninth this year in Forbes’ Best Small Companies. Allegiant was also recently named one of FORTUNE magazine’s “100 Fastest-Growing Companies” for the second consecutive year. In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week’s Top Performing Airline study.
Ticker: ALGT (Allegiant Travel Co)
Trading near $53/share.
Both ALGT and US Airways Group have a $1.01B market cap, but US Airways is trading at $6.25/sh.