FATFlyer From United States of America, joined May 2001, 5668 posts, RR: 17 Posted (6 years 6 months 1 hour ago) and read 2237 times:
This is a nice 30 minute video of a presentation by Allegiant CEO Maurice Gallagher and CFO Linda Marvin about the company, its history, and where it sees itself going. Interesting comment from Maury Gallagher calling the company becoming in the future "Expedia with wings".
The investor presentation includes a discussion of some of the choices the company has made in its operation and the results. Also a glimpse at the potential future such as international growth, future focus cities, new aircraft, etc. Lots of slides for those who want to look at some numbers.
ERAUgrad02 From United States of America, joined Nov 2005, 1227 posts, RR: 0 Reply 1, posted (6 years 5 months 4 weeks 1 day 9 hours ago) and read 2086 times:
Interesting. I'm watching this now. Thanks for sharing.
Mainland From United States of America, joined Jun 2004, 303 posts, RR: 0 Reply 2, posted (6 years 5 months 4 weeks 1 day 3 hours ago) and read 2009 times:
Thanks for the link. Looks like they'll finally get that IPO out there next week.
You don't need a passport to know what state you're in...
FATFlyer From United States of America, joined May 2001, 5668 posts, RR: 17 Reply 3, posted (6 years 5 months 4 weeks 1 day 1 hour ago) and read 1971 times:
Quoting Mainland (Reply 2): Looks like they'll finally get that IPO out there next week.
Sometime between Dec 4 and 8 is what I hear, I just haven't heard a specific date yet.
Of course, I'm not a big enough investor to get a shot at buying shares up front so I'll have to wait until I like the price on NASDAQ to get a few.
"Travel is fatal to prejudice, bigotry, and narrow-mindedness." - Mark Twain
Flyinryan99 From United States of America, joined Feb 2001, 1919 posts, RR: 11 Reply 4, posted (6 years 5 months 4 weeks 20 hours ago) and read 1895 times:
Did anyone else notice he said they are now charging $2.00 per checked bag? I didn't know they were going to that. Making nice revenue.
HPLASOps From , joined Dec 1969, posts, RR: Reply 5, posted (6 years 5 months 4 weeks 20 hours ago) and read 1884 times:
One error from the presentation. The part where he is referring to the overall lack of competition on the routes G4 flies, he mentions only 3 routes have competition from other airlines: LAS-FAT, LAS-COS, and GSP-SFB. He did leave out LAS-PSP. Both US and UA provide service on that route via OO and YV.
KarlB737 From United States of America, joined Mar 2004, 2929 posts, RR: 9 Reply 6, posted (6 years 5 months 4 weeks ago) and read 1773 times:
I watched the entire presentation and I thought it gave me a through understanding of what Allegiant is all about. The CEO was very articulate and the charts presented while he was talking I thought was a plus as well. If anyone here wanted to know more about Allegiant I highly recommend watching this 30 minute presentation.
Note he made a reference to future aircraft purchases that would give them the longer range they lack now.
FATFlyer From United States of America, joined May 2001, 5668 posts, RR: 17 Reply 7, posted (6 years 5 months 3 weeks 6 days 8 hours ago) and read 1696 times:
Quoting KarlB737 (Reply 6): I watched the entire presentation and I thought it gave me a through understanding of what Allegiant is all about. The CEO was very articulate and the charts presented while he was talking I thought was a plus as well. If anyone here wanted to know more about Allegiant I highly recommend watching this 30 minute presentation.
Note he made a reference to future aircraft purchases that would give them the longer range they lack now.
I've said for the last 3 years that it is a different business model then we are used to seeing. But it seems to be finding a niche in the marketplace.
Everytime I look at something related to Allegiant I get a little more of an idea of where their thoughts are about the company.
Yep I caught that comment about another aircraft type too.
"Travel is fatal to prejudice, bigotry, and narrow-mindedness." - Mark Twain
FATFlyer From United States of America, joined May 2001, 5668 posts, RR: 17 Reply 8, posted (6 years 5 months 3 weeks 6 days 7 hours ago) and read 1674 times:
Oh and looking for tidbits is why I find Allegiant interesting to watch and study right now.
For example, in today's news I see this comment from the airport manager in Helena, Montana: Mercer asked for a ranking of seven possible changes to the current service. While none of the changes might necessarily come to fruition, attendees were asked for their priority rankings on:
* Twice-weekly Allegiant Air service to Las Vegas. Mercer said the carrier currently serves Billings and Missoula and is looking for another Montana city. http://www.helenair.com/articles/2006/11/29/helena/a09112906_01.txt
So Helena? Butte? Bozeman? somewhere else? Or wishful thinking? That's what has been making this company fun for me.
"Travel is fatal to prejudice, bigotry, and narrow-mindedness." - Mark Twain
Contrails From United States of America, joined Oct 2000, 1818 posts, RR: 0 Reply 9, posted (6 years 5 months 3 weeks 6 days 5 hours ago) and read 1623 times:
Could someone provide a brief bio of this company? I don't recall ever hearing of it before, but I went to their website and found that they fly all across the country.
FATFlyer From United States of America, joined May 2001, 5668 posts, RR: 17 Reply 10, posted (6 years 5 months 3 weeks 6 days 5 hours ago) and read 1610 times:
Quoting Contrails (Reply 9): Could someone provide a brief bio of this company? I don't recall ever hearing of it before, but I went to their website and found that they fly all across the country.
The company started in Fresno, originally offering charters then scheduled flights at FAT, LAS, LGB, TVL and others using DC-9s. From the prospetus
Quote: We were founded in 1997 and initially operated as Allegiant Air, Inc. under a different business strategy with a different management team. This strategy was ultimately unsuccessful, and we filed for bankruptcy court protection in December 2000. A plan of reorganization was confirmed in June 2001. The key elements of the plan were: (i) debt held by Maurice J. Gallagher, Jr. was restructured and Mr. Gallagher injected additional capital into our company; (ii) Mr. Gallagher became our majority owner; and (iii) a new management team was installed in June 2001. We emerged from bankruptcy in March 2002. Allegiant Air, Inc. elected to be taxed as a subchapter S corporation. In May 2004, Allegiant Air, Inc. merged into Allegiant Air, LLC to change our entity type and state of organization. In May 2005, we created a holding company format under which Allegiant Travel Company, LLC was formed coincident with our issuance of preferred shares to outside investors. In anticipation of this offering, Allegiant Travel Company, LLC will merge into the corporate entity issuing shares in this offering as discussed below.
Contrails From United States of America, joined Oct 2000, 1818 posts, RR: 0 Reply 11, posted (6 years 5 months 3 weeks 6 days 1 hour ago) and read 1577 times:
Thanks, FATflyer. Your links answered my questions.
Amazing! It's been around since 97 and I'm just now finding out about it. I guess I need to pay closer attention to things.
FATFlyer From United States of America, joined May 2001, 5668 posts, RR: 17 Reply 12, posted (6 years 5 months 3 weeks 5 days 23 hours ago) and read 1543 times:
Quoting Contrails (Reply 11): Amazing! It's been around since 97 and I'm just now finding out about it. I guess I need to pay closer attention to things.
There really wasn't much to notice about them until 3 or 4 years ago when they started with this new business plan and new ownership. That was when I was told by someone to keep an eye on what the company was going to attempt.
The hybrid model they have created with low frequencies allows them to serve smaller cities with mainline aircraft to leisure destinations. It is very unlikely they will enter into a large city in the coming years, too many other flights to leisure destinations already in those.
But they very well could become the leisure travel airline company of choice for many of the small and midsized cities.
"Travel is fatal to prejudice, bigotry, and narrow-mindedness." - Mark Twain
Sponsor Message: 
From United States of America, joined May 2001, 5668 posts, 
Printer friendly format 
