Background information on Allegiant Air
Founded in January 1997 under the name WestJet Express, the company went on to adopt its current name in the following year after several trademark disputes. After filing for Chapter 11 bankruptcy in December 2000, the company would later undergo restructuring using a low-cost model that focused on smaller markets not served by major aircraft companies. The airline currently does not serve any international destinations. Although Allegiant flies into some major airports, most of its destinations are smaller cities or secondary airports that serve larger cities. Some of its main airports include McCarran International Airport, Fort Lauderdale–Hollywood International Airport, Los Angeles International Airport, and Orlando Sanford International Airport.Operating performance of Allegiant Air
The company has seen significant growth over the last years until the coronavirus pandemic hit. In 2020, Allegiant Air’s total operating revenue dropped to only 990 million U.S. dollars and its operating expenses for that same year amounted to over 1.27 billion U.S. dollars. Due to travel restrictions, Allegiant Air transported only 8.5 million passengers on approximately 13.13 billion available seat miles in 2020.
