FATFlyer
Topic Author
Posts: 4425
Joined: Fri May 18, 2001 4:12 am

Allegiant - A Few Corporate Numbers Are Available

Tue Jun 14, 2005 2:34 am

Getting info on Allegiant can be difficult since it is a private company. But this morning while catching up on some research I ran across this article from last week. In it, Maurice Gallagher, G4's CEO, provided the reporter with some numbers about the company. Some of the other info in the article provides insights into the company.

Some highlights:
Company revenues - $6 million in 2001, $23 million in 2002, $54 million in 2003 and $102 million in 2004

The company carried 62% more passengers in the first 4 months of 2004 vs. 2004.

May load factors were 85 percent

The company sells about 600 Vegas room nights each day.

Gallagher thinks they could grow from 21 cities to 40 cities in the next 18 months.

http://www.inbusinesslasvegas.com/2005/06/10/feat2.html
"Travel is fatal to prejudice, bigotry, and narrow-mindedness." - Mark Twain
 
iowaman
Posts: 3878
Joined: Thu May 20, 2004 2:29 am

RE: Allegiant - A Few Corporate Numbers Are Available

Tue Jun 14, 2005 4:37 am

Quoting FATFlyer (Thread starter):
The company carried 62% more passengers in the first 4 months of 2004 vs. 2004.

I think that's supposed to be the first 4 months of 2005 instead first 4 months of 2004.  Smile

Very interesting information, sounds like they are doing really good, and they have obviously found a niche. So we are looking at another 19 cities possibly in the next 18 months! Awesome!
 
FATFlyer
Topic Author
Posts: 4425
Joined: Fri May 18, 2001 4:12 am

RE: Allegiant - A Few Corporate Numbers Are Available

Thu Jun 16, 2005 8:57 am

The Las Vegas Sun is carrying a slightly different version of the above article today.

In the new article they added an interesting tidbit.
Gallagher figures the airline could be in 40 cities in 18 months. He said Allegiant also is looking into leisure-market flights to Palm Springs, Calif., as well as Mexico and the Caribbean.
http://www.lasvegassun.com/sunbin/st.../gaming/2005/jun/15/518907947.html

Allegiant received blanket US-Canada authority earlier this year from the US authorities. So maybe a ramp up in the winter from Canadian 2nd tier cities to PSP as well as LAS and SFB?
"Travel is fatal to prejudice, bigotry, and narrow-mindedness." - Mark Twain