Executives at Allegiant Air believe the company will continue its streak of outperformance in 2022, with revenue and capacity in the first quarter (Q1) expected to come in well ahead of 2019 levels.
The Biden administration is skeptical about the benefits of immunized joint ventures (JVs), but even it will be hard-pressed to deny the merits of the proposed tie-up between Allegiant Air and Viva Aerobus.
The ULCC is rightfully boasting that it could be the first U.S. operator to fully recover and its market capitalization has already surpassed pre-pandemic levels.
U.S. federal lawmakers are sending airlines another $14 billion to prop up payrolls until Sept. 30, which they hope will see the industry through to recovery.
U.S. leisure carrier Allegiant Air is adding 34 new nonstop routes to its summer schedule, plus a further nine limited-time services to support South Dakota’s Sturgis Motorcycle Rally in August.