Travel & Tourism
ALLEGIANT CONTRACTS TO PURCHASE UP TO 13 MD80 AIRCRAFT AND 12 JT8D-219 ENGINES FROM SAS PDF Print E-mail
News Releases - Travel & Tourism
Written by Brian Davis   
Tuesday, 15 November 2011 12:59

LAS VEGAS, Nev. – Allegiant (NASDAQ: ALGT), has entered into a purchase agreement with Scandinavian Airlines System, Denmark-Norway-Sweden (“SAS”) to purchase up to 13 MD80 aircraft and 12 JT8D-219 spare engines in 2012 and 2013.

These purchases will primarily be used to replace engines that will be coming due for major overhauls over the next two years, thus helping the airline to optimize its engine-related maintenance expense.  The agreement also allows Allegiant the flexibility to use several of the aircraft for additional MD80 fleet growth in the future, should it decide to do so.

This most recent transaction with SAS demonstrates Allegiant’s ability to consistently source high quality assets at economic pricing.

Allegiant, travel is our deal.

Las Vegas-based Allegiant Travel Company (NASDAQ: ALGT) has posted 35 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. The company ranked ninth this year in Forbes’ Best Small Companies. Allegiant was also recently named one of FORTUNE magazine’s “100 Fastest-Growing Companies” for the second consecutive year. In 2011 and 2010 Allegiant ranked 64th and 25th, 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.

 
ALLEGIANT IN TOP TEN OF FORBES’ “AMERICA’S BEST SMALL COMPANIES” PDF Print E-mail
News Releases - Travel & Tourism
Written by Kristine Shattuck-Cooper   
Tuesday, 08 November 2011 09:03

LAS VEGAS— Forbes magazine named Allegiant Travel Company (NASDAQ: ALGT) one of “America’s Best Small Companies” for the third consecutive year.  This year, the low-fare travel company ranked ninth.  The list recognizes businesses with remarkable sales and earnings growth.

“We are proud to be in the top ten of Forbes' list of best small companies,” said Maurice J. Gallagher Jr., Allegiant chairman and CEO.  “It is a distinction and honor to be included for the third year in a row.  Allegiant’s team members have provided safe, reliable, low-cost air service for more than a decade.  This recognition is a great complement to their hard work and dedication."

“We are honored to be recognized as a profitable, growing company,” Andrew C. Levy, Allegiant president, said.  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.”

According to Forbes, “Our list of 100 Best Small Companies in America features outfits with remarkable sales and earnings growth. Candidates must have been publicly traded for at least a year, generate annual revenue between $5 million and $1 billion and boast a stock price no lower than $5 a share. (For apples-to-apples comparisons we excluded financial institutions, REITs, utilities and limited partnerships.) The rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over 5 years; we dropped thinly traded names and those with fuzzy accounting or major legal troubles. We also factored in stock performance versus each ­company’s peer group. Shares of last year’s members outpaced the Russell 2000 small-company index by an average of 10 percentage points.”

The full list and related stories are available at http://www.forbes.com/best-small-companies/.

The company ranked second in Forbes’ Best Small Companies in 2009 and 33rd in 2010.  Allegiant was also recently named one of FORTUNE magazine’s “100 Fastest-Growing Companies” for the second consecutive year.

Allegiant, travel is our deal.

 
JOHN DEERE PAVILION ANNOUNCES MAJOR RENOVATION PDF Print E-mail
News Releases - Travel & Tourism
Written by Wendy Artman   
Tuesday, 08 November 2011 08:52
Pavilion to be closed during construction Dec. 12 through mid Feb.

(Moline, Illinois) - The John Deere Pavilion has been a top attraction in the Quad Cities and the state of Illinois since it opened in 1997, drawing millions of guests from around the globe to visit one of the most comprehensive agricultural exhibits in the world. To ensure it continues to be a cutting-edge facility and top attraction in the area, the Pavilion will soon undergo a major redesign of the guest experience.

The transformation will be significant and result in a completely new look and feel to the facility’s interior. It will also make more effective use of the outdoor hardscape. The physical building will remain the same, as all enhancements will focus on new exhibits and presentation methods that provide a broader representation of the global operations of the company.

“As the cornerstone of the John Deere Commons, the John Deere Pavilion is a strong foundation to a thriving downtown in Moline,” said Brian Holst, marketing manager for the John Deere Pavilion.  “We are proud of the facility’s success, yet we are always looking for ways to improve. Next year will be the Pavilion’s 15th anniversary making this an ideal time to offer our guests and fans something completely new. This redesign is the result of several years of planning and we look forward to unveiling it to the public in mid-February.”

The new guest experience will showcase the global reach of the company today and into the future as well as chronicle the company’s rich history and heritage.  Exhibits will feature all aspects of the company including its many businesses and global markets, broad range of innovative products, concept vehicles, and corporate citizenship.

Guests also will experience how the company’s high-tech products and services are helping provide food, shelter and infrastructure for a growing global population aswell as enhance the lives and livelihoods of John Deere customers around the world who are linked to the land. An expanded children’s area will offer a variety of hands-on learning activities, keeping the John Deere Pavilion anexceptional destination for the whole family.

The renovation requires the John Deere Pavilion to be closed for approximately eight weeks starting December 12, 2011. The Pavilion will reopen to the public inmid-February of 2012 and, as always, will continue to be a free attraction. The John Deere Store, located adjacent to the Pavilion, will remain open while the Pavilion is closed for the redesign.

To follow our progress during the renovation visit www.JohnDeereAttractions.com or visit us on Facebook.

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New Days Inn Opens in Davenport PDF Print E-mail
News Releases - Travel & Tourism
Written by Stacy Christofferson   
Tuesday, 01 November 2011 11:32
The former Econo Lodge converts to a Days Inn 

Heart of America Group announces the opening of the new Days Inn today. Heart of America Group converted its Econo Lodge, located off I-80 and Northwest Blvd, to an official Days Inn property. CEO Mike Whalen announced, “We are proud to have teamed up with the Days Inn, which is part of the Wyndham Worldwide Hotels”. The Days Inn will undergo a refresh that includes a newly designed lobby, new room décor, and the addition of a fitness center. Renovations will begin shortly and be completed in time for the busy summer season. “We look forward to a strong partnership between the Days Inn and the Quad City area” says Whalen. The Days Inn is located adjacent to the award winning Iowa Machine Shed restaurant which is also managed and owned by Heart of America Group.

To make a reservation, visit www.daysinn.com or call 563-391-8222.

The company started with a 100-seat restaurant back in 1978, The Iowa Machine Shed. Heart of America Group has evolved into one of the Midwest's premier design, construction, and management companies with a 33 year history of developing award-winning properties. Currently Heart of America Group is located in ten metropolitan areas across six Midwestern states.

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One Student to Win a Weekend in Orlando PDF Print E-mail
News Releases - Travel & Tourism
Written by Tawnya Hambly   
Tuesday, 11 October 2011 14:17

Destined to Travel with JA Contest Launches

Moline, IL. - Junior Achievement USA is offering high school students the opportunity to win a three-day adventure for four people to Walt Disney World® Resort in Orlando. To enter the Destined to Travel with JA contest, students review the interactive Destination Build lesson, a teaching tool that allows students to explore the tourism industry, complete a quick quiz, and submit their answers. The randomly selected winner will receive two nights at Disney’s Yacht & Beach Club Resort, 12 complimentary one-day Park Hopper® passes, and $2,000 for airfare and other travel expenses.

“This contest is a terrific opportunity for high school student in our area,” says Barbara VenHorst, president, Junior Achievement of the Heartland.  “In addition to earning a chance to win a prize worth more than $4,000, our future job seekers and entrepreneurs will have the opportunity to explore the tourism industry. This means every student that participates is a winner.”

The nationwide contest is based on student learning drawn from Destination Build, an online learning lesson that is housed in the hospitality and tourism student sector of the JA Student Center, available from the Junior Achievement® website. Through it, students explore the decisions made by city planners to increase local tourism in a community and hear from residents and tourists about how consumer decisions influence the local economy. The scenario is different each time a student plays the online lesson.

The contest, sponsored by the Destination & Travel Foundation, is open to high school students. The deadline for contest submissions is November 1, 2011. Visit http://bit.ly/n8jRBK for more contest information.

About the Destination & Travel Foundation

The Destination & Travel Foundation is a combined effort between the U.S. Travel Association and Destination Marketing Association International.  In February of 2009, the respective foundations for each association were combined to create a stronger organization better capable of enhancing the destination marketing and travel professions through research, education, visioning and development of resources and partnerships for those efforts. The new organization was joined by Tauck-Romano Innovative Philanthropy, ShopAmerica Alliance and American Express Foundation in a multi-year program with Junior Achievement. For more information on Destination & Travel Foundation, visit http://www.ustravel.org/about/Foundation.html. 

About Junior Achievement USA™ (JA)

Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JA reaches four million students per year in more than 120 markets across the United States, with an additional six million students served by operations in 119 other countries worldwide. Visit www.ja.org for more information.

Locally, Junior Achievement of the Heartland serves more than 56,000 students in 24-counties throughout eastern Iowa, western Illinois and Grant County Wisconsin.

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