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Fly News Breaks for January 10, 2019
ALGT
Jan 10, 2019 | 07:01 EDT
Citi analyst Kevin Crissey raised his price target for Allegiant Travel Company to $167 saying the company reported a "strong" Q4 with RASM better than expected. Last night's "strong" pricing update should allay some investor concerns following recent executive departures and the company's non-core real estate initiative, Crissey tells investors in a research note. He believes a floor has been put in the shares and keeps a Buy rating on Allegiant Travel.
News For ALGT From the Last 2 Days
ALGT
Apr 16, 2024 | 21:06 EDT
Allegiant "announced that the company and the Transport Workers Union of America, AFL-CIO Local 577, representing Allegiant's flight attendants, have ratified a new five-year agreement with immediate wage increases ranging from 20 to 41.2 percent. The tentative agreement was ratified by Allegiant flight attendants with a 89 percent approval vote and 97 percent of members voting. The TWU Local 577 represents more than 1,700 Allegiant flight attendants."