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Allegiant Travel May Capacity Rises 17.1%
(RTTNews) - While reporting preliminary passenger traffic results for May 2022 on Friday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.47 million passengers in May 2022, up 40.0 percent from 1.05 million passengers in May 2021.
Capacity for the month was 1.55 million Available Seats Miles (ASMs), up 17.1 percent from 1.33 million ASMs a year ago.
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Allegiant Travel November Capacity Rises 9.3%
While reporting preliminary passenger traffic results for November 2023 on Thursday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.33 million passengers across the total system in November 2023, up 9.2 percent from 1.22 million passengers in November 2022.
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Allegiant Travel October Capacity Rises 13.3%
While reporting preliminary passenger traffic results for October 2023 on Wednesday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.44 million passengers in October 2023, up 12.8 percent from 1.28 million passengers in October 2022.
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Allegiant Travel CEO John Redmond Resigns
Allegiant Travel Co. (ALGT) announced Thursday that John Redmond has resigned as chief executive officer and as a member of the Board of Directors effective immediately. Maurice Gallagher, former CEO, current executive chairman and one of the Company's largest stockholders, will resume the CEO role.
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JetBlue, Allegiant Ink Divestiture Deal In Connection With JetBlue's Combination With Spirit
JetBlue Airways Corp. (JBLU) and Allegiant (ALGT) announced Monday that the airlines have entered into a definitive agreement under which JetBlue will transfer to Allegiant all of the holdings of Spirit Airlines, Inc. (SAVE) at Boston Logan International Airport and Newark Liberty International Airport.
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Dollar Index Extends Gains On Trade Deal Optimism
Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
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FTSE 100 Drifts Lower In Cautious Trade
U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
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CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement
French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
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Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950
Indian shares fell modestly on Monday, with IT stocks leading losses after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.
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