Travel & Tourism
MOLINE TAKES OFF FOR CENTRAL FLORIDA SUN, FUN AND AMUSEMENT PDF Print E-mail
News Releases - Travel & Tourism
Written by Kristine Shattuck-Cooper   
Monday, 03 October 2011 11:52

ALLEGIANT ANNOUNCES NONSTOP, LOW-COST TRAVEL BETWEEN MOLINE/QUAD CITIES AND ORLANDO WITH

INTRODUCTORY $99.99* ONE-WAY FARES

MOLINE, Ill. – Allegiant (NASDAQ: ALGT), today announces low-cost, nonstop travel between Moline/Quad Cities, Ill., and Orlando, Fla., via the Orlando Sanford International Airport (SFB)., beginning Feb. 17, 2012.  The company, known for its exceptional travel deals, is offering its customers fares between the two cities for as low as $99.99* one-way.

“We're pleased to announce yet another affordable and convenient way for our customers to get away,” Andrew C. Levy, Allegiant Travel Company President, said. “We are confident the Moline/Quad Cities community will appreciate the value of flying nonstop to the Orlando area and the great deals we offer on hotels, car rentals and theme park tickets.”

“I am very pleased that travelers from throughout Eastern Iowa and Western Illinois will have nonstop access to the Orlando area.  This will bring the total number of cities served by Allegiant from our airport to four,” Bruce Carter, Director of Aviation, Quad City International Airport said.  “We listened carefully to the comments from our regional area travelers.  We know that Orlando has a strong travel history with families, meetings and convention delegates, and even sports teams who have tournaments in the Orlando area.  It is because of our relationship with the planners and decision-makers at Allegiant that they were willing and able to provide service from the Quad Cities to Orlando--Sanford.”

The new flights will operate twice weekly between Quad City International Airport (MLI) and Orlando Sanford International Airport (SFB), with service Friday and Monday. Flights will depart Moline/Quad Cities at 8:20 a.m. arriving in the Orlando area at 11:50 a.m. Flights leaving the Orlando area will depart at 6:00 a.m. arriving in Moline/Quad Cities at 7:35 a.m. (all flight times are local).  The carrier will utilize a full-size, 150-seat MD-80 jet aircraft on the route.  The company also offers nonstop service from Moline/Quad Cities to Las Vegas, Phoenix-Mesa, Ariz. and the Tampa Bay, Fla. area.

With plenty of shopping, dining, outdoor activities and entertainment, Orlando offers vacationers the perfect getaway.  Located in the heart of Central Florida, Orlando is home to the world’s most exciting theme parks including Walt Disney World, Universal Studios and SeaWorld.  Orlando’s famous International Drive is more than 10 miles long and features more than 100 hotels, 450 stores, several attractions and two major outlet malls.  Orlando is also home to more than 175 golf courses, many of which were designed by pro golfers such as Greg Norman, Tom Watson, Arnold Palmer and Jack Nicklaus.

Allegiant’s offer is not available on all flights and must be purchased by Oct. 19, 2011. Reservations may be made through the company’s website at www.allegiant.com or by calling Allegiant’s travel experts at 702-505-8888.

About the $99.99* one-way fare:

Seats are limited. Fares are one-way and not available on all flights. Must be purchased by Oct. 19, 2011, for travel by May 15, 2012. Prices do not include PFC, segment tax or Sept. 11th security fee of up to $10.70 per segment. A segment is one take-off and one landing.  A convenience fee of $17.00 per passenger is included in the introductory one-way fare. A fee of $14.99 per segment, will apply when purchased through Allegiant call centers. Purchases made at any Allegiant Airport Ticket Office will not incur a convenience or call center fee. For ticket counter hours of operation, please visit www.allegiant.com. When purchased at the time of booking, a checked bag fee of up to $19.99 per bag will apply per person, per segment. If purchased at flight check-in, a fee of $35 per checked bag, per person, per segment will apply for the first two bags checked. Additional higher fees will apply for three or more checked bags. Fare rules, routes and schedules are subject to change without notice. Restrictions apply.

Allegiant, travel is our deal.

Las Vegas-based Allegiant Travel Company (NASDAQ: ALGT) has posted 34 consecutive quarters of profitability.  The company is focused on linking travelers in small cities to world-class leisure destinations such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla.  Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel and hotel rooms, rental cars and other travel-related services.  In 2011 and 2010 Allegiant ranked 64 and 25, respectively, on FORTUNE magazine’s Fastest-Growing Companies list.  In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week’s Top Performing Airline study.  Receive breaking news from Allegiant by visiting Allegiant’s Facebook Fan Page at www.facebook.com/Allegiant or follow Allegiant on Twitter at twitter.com/allegianttravel.

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Fall Foliage is Coming Soon! PDF Print E-mail
News Releases - Travel & Tourism
Written by Julie Anne   
Tuesday, 27 September 2011 11:28
One of the best features along the Natchez Trace Parkway are the beautiful fall colors that come into place in October and November. The oak, maple, hickory and other hardwood trees begin to change colors and visitors are able to see gorgeous fall foliage. Click "more" below to read about some of the best spots to enjoy fall colors from the National Park Service

 
ALLEGIANT TRAVEL COMPANY NAMED ONE OF FORTUNE’S “100 FASTEST-GROWING COMPANIES” FOR SECOND YEAR PDF Print E-mail
News Releases - Travel & Tourism
Written by Kristine Shattuck-Cooper   
Tuesday, 20 September 2011 11:55

LAS VEGAS—FORTUNE announced that Allegiant Travel Company (NASDAQ: ALGT), has been ranked number 64 on the 2011 “100 Fastest-Growing Companies” list. The annual list recognizes the company’s revenue growth and financial stability.  This is the second consecutive year Allegiant has been recognized.

Allegiant was also ranked number 56 in profit growth with an earnings growth of 41% over a three-year period and number one in the Transportation category.

“It is a distinction and honor to be included for a second year in a row in ‘Fortune's 100 Fastest- Growing Companies’,” said Maurice J. Gallagher, Jr., Allegiant Chairman and CEO.  “For more than 10 years Allegiant and its team members have provided safe, reliable and low cost air service to our many cities around the US.  Our success is a great complement to their hard work and dedication."

“Holding true to our unique business model has been the corner stone of our success,” Andrew C. Levy, Allegiant President, said.  “It has allowed us to grow and remain profitable in a turbulent economy.  Our customers are vital ingredients in our success and we thank them for their continued support of our travel and vacation options. At Allegiant, we strive each and every day to provide value for our customers by offering great fares and vacation options to the world-class leisure destinations we serve.”

To qualify for 100 Fastest-Growing Companies, foreign or domestic companies had to meet the following criteria: be trading on a major U.S. stock exchange; file quarterly reports with the SEC; have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2010; and have been trading continuously since June 30, 2007. The company must also have revenue and net income of at least $50 million and $10 million, respectively, for the four quarters ended on or before April 30, 2010. Finally, the company must have posted an annualized growth in revenue and earnings per share of at least 15% annually over the three years ended on or before April 30, 2010.

Companies that meet the above criteria were ranked by revenue growth rate; EPS growth rate; and three-year annualized total return for the period ended June 30, 2010. (To compute the revenue and EPS growth rates, FORTUNE uses a trailing four quarters log linear least square regression fit.)  The overall rank was based on the sum of the three ranks. Once the 100 companies were identified, they were then re-ranked within the 100, using the three equally weighted variables. If there is a tie, the company with the larger four-quarter revenue receives the higher rank.

The full list and related stories will appear in the Sept. 26, 2011, issue of FORTUNE.  A complete list can be found at: http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2011/full_list/

About FORTUNE 

FORTUNE magazine is a global leader in business journalism with a domestic circulation of over 850,000 and a global readership of nearly 5 million, and major franchises including the FORTUNE 500 and the FORTUNE 100 Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live events, hosting a wide range of annual conferences, including FORTUNE’s Most Powerful Women and the FORTUNE Global Forum. FORTUNE publishes English-language editions in Europe and Asia, and local-language editions in China and South Korea. FORTUNE magazine’s online home is CNNMoney.com, which draws 5.7 million readers a month.

About Allegiant Travel Company

Las Vegas-based Allegiant Travel Company (NASDAQ: ALGT) has posted 34 consecutive quarters of profitability.  The company is focused on linking travelers in small cities to world-class leisure destinations such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla.  Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel and hotel rooms, rental cars and other travel-related services.  In 2011 and 2010 Allegiant ranked 64 and 25, respectively, on FORTUNE magazine’s Fastest-Growing Companies list.  In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week’s Top Performing Airline study.  Receive breaking news from Allegiant by visiting Allegiant’s Facebook Fan Page at www.facebook.com/Allegiant or follow Allegiant on Twitter at twitter.com/allegianttravel.

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ALLEGIANT REPORTS AUGUST 2011 TRAFFIC PDF Print E-mail
News Releases - Travel & Tourism
Written by Kristine Shattuck-Cooper   
Tuesday, 13 September 2011 12:13

ALLEGIANT REPORTS AUGUST 2011 TRAFFIC

Las Vegas, September 6, 2011/ GLOBENEWSWIRE -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for August 2011.

Scheduled Service

Aug. 2011 Aug. 2010 Change

Passengers                     478,518        517,680          (7.6)%

Revenue passenger miles (000)                    439,408        472,141       (6.9)%

Available seat miles (000)                          476,227        525,399          (9.4)%

Load factor                         92.3%           89.9%          2.4 pts

Departures                     3,493            3,915        (10.8)%

Average stage length (miles)                        901               895             0.7%

 

Total System*

 

Aug. 2011 Aug. 2010 Change

Passengers                     507,712        539,655          (5.9)%

Revenue passenger miles (000)                    462,146        492,000          (6.1)%

Available seat miles (000)                          514,770        564,520          (8.8)%

Load factor                         89.8%           87.2%          2.6 pts

Departures                     4,004            4,381             8.6%

Average stage length (miles)                        854               865          (1.3)%

*Total system includes scheduled service, fixed fee contract and non-revenue flying.

 

Preliminary Financial Results

 

Change

July 2011 actual year-over-year

scheduled revenue per ASM (PRASM) change                                  24.1%

July 2011 actual year-over year

scheduled total revenue per ASM (TRASM) change                          20.2%

 

August 2011 estimated year-over-year PRASM change                20.2 to 20.6%

August 2011 estimated year-over-year TRASM change                15.3 to 15.7%

 

August 2011 estimated average fuel cost per gallon – system                   $3.12

August 2011 estimated average fuel cost per gallon – scheduled             $3.32

 

Guidance

 

 

Capacity guidance, subject to revision

Year over Year Growth

 

Departures

ASMs

September 2011

 

 

Scheduled

(1)%

1%

 

 

 

3rd Quarter 2011

 

 

System

(3) to (1)%

(4) to (2)%

Scheduled

(6) to (4)%

(4) to (2)%

 

 

 

4th Quarter 2011

 

 

System

+7 to 11%

+8 to 12%

Scheduled

+5 to 9%

+7 to 11%

 

 

 

 

 

ASMs – Available seat miles

About the Company
Las Vegas-based Allegiant Travel Company (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla.  Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel-related services.  In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week’s Top Performing Airline study and ranked 25 on FORTUNE magazine’s Fastest-Growing Companies list.  ALGT/G

Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.

For further information please visit the company’s investor website: http://ir.allegiant.com

 
Governor Quinn Breaks Ground on $34 Million MetroLINK Transit Facility PDF Print E-mail
News Releases - Travel & Tourism
Written by Andrew Mason   
Wednesday, 31 August 2011 08:53

140,000 Square-Foot-Facility Will Create Jobs, Consolidate Vehicles and Fueling Stations, and Improve Efficiency

MOLINE – August 30, 2011. Governor Pat Quinn was joined by local officials today to break ground on a new MetroLINK Transit Maintenance Facility in Rock Island. The $34 million project will consolidate the agency’s administrative operations and maintenance functions, and it will serve as the cornerstone of a new riverfront development. This project continues Governor Quinn’s agenda to improve transportation and grow jobs in Illinois. MetroLINK estimates that the project will create 125 construction jobs.

“In order to continue to compete in the global marketplace, we must invest in updating our mass transit systems,” Governor Quinn said. “This project will create jobs, support statewide green initiatives and ensure that MetroLINK has the facilities it needs to provide good service to people throughout the Quad Cities.”

The new facility will replace MetroLINK’s current maintenance facility, which was built in 1983 and does not contain enough maintenance bays or space to support the current vehicle fleet. As a result, the agency often must lease space off-site to house and fuel vehicles.

"This modern, 'green' facility has the potential to be a catalyst for economic development," said U.S. Senator Dick Durbin (D-IL) who has secured over two million in federal funding for the project.  "It is consistent with the goals of the Recovery Act: create jobs, invest in our infrastructure and contribute to an environmentally sustainable future."

The 140,000-square-foot facility will increase efficiency and improve operations consolidating a number of functions in one sustainable space. The facility will house the following: administrative operations and maintenance offices; a full-service maintenance garage; a dispatch center; fueling stations, both compressed natural gas and diesel; a parts’ storage area; and storage and/or parking for all buses, support vehicles and employee vehicles.  

The state-of-the-art facility is designed to be LEED silver certified and will contain: a photovoltaic solar system to generate electricity; a geothermal heat pump system; a solar hot water system; a clean-water-recycle bus washer system; and a compressed natural gas fueling station. The project is funded through a combination of federal, state and local capital funds. The project will also receive $15.5 million in Illinois Jobs Now! funds.

The new facility will be centrally located about one mile west of MetroLINKS’s Centre Station in Moline. The engineering and design phase of the project is under way, and foundation and utilities work will begin this fall. Construction on the new facility is scheduled to begin spring 2012, with an expected completion date in spring 2013.

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