Airlines are packing ever more seats into economy class to protect profit margins from falling, prompting safety concerns.» Read More
LAS VEGAS _ Allegiant Travel Co. on Wednesday reported first-quarter earnings of $64.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.59 per share. Allegiant Travel shares have risen 12 percent since the beginning of the year.
April 1- A U.S. judge on Wednesday issued an order temporarily blocking Allegiant Air pilots from striking after they announced a Thursday walkout. Allegiant sued the pilots union in U.S. District Court in Las Vegas on Monday, saying it had violated the Railway Labor Act by moving to strike before the parties had exerted every effort to settle their disputes.
April 1- Pilots at Allegiant Air will strike on Thursday, potentially grounding more than 250 flights throughout the country and impacting more than 33,000 customers on that day, the Airline Professionals Association Teamsters Local 1224 said Wednesday. "This irresponsible and illegal action by the Teamsters has been timed to coincide with the busy holiday...
April 1- Pilots at Allegiant Air will strike on Thursday, potentially grounding more than 250 flights and impacting more than 33,000 customers on that day, the Airline Professionals Association Teamsters Local 1224 said Wednesday. The union has alleged that Allegiant has failed to abide by a July 2014 federal court injunction that directed the airline to...
Jan 16- Pilots at Allegiant Air have voted overwhelmingly to authorize a strike after two years of contract talks, empowering their union to request U.S. government approval for a walkout, the union said in a release Friday. More than 98 percent of the 473 pilots who voted approved the strike, according to the Airline Professionals Association Teamsters Local...
NEW YORK, Nov 7- A decision by the U.S. aviation regulator has moved forward plans by a small Georgia airport to begin commercial airline service, despite strong opposition by Delta Air Lines and the city of Atlanta, the local county authority said on Friday. The approval by the Federal Aviation Authority, related to the handling of federal grants for the Paulding...
NEW YORK, Oct 28- The U.S. Department of Transportation said on Tuesday it is looking into a complaint that Delta Airlines Inc used "unfair and deceptive practices" to block development of a second major airport near Atlanta. The agency's action comes in response to a complaint filed by county commissioners and a private group trying to develop commercial air...
Airline stocks, typically considered terrible investments, have taken off, and analysts say there is still lift in the sector for investors.
Some of Tuesday's midday movers:
Starting July 1, Southwest Airlines will start flying its own planes to Aruba, Jamaica and the Bahamas.
An entrepreneur has attracted investments from four billionaires: Sam Zell, Herb Simon, David Bonderman and "one family you've never heard of."
Allegiant Air is expanding its service with 18 routes, reports CNBC's Phil LeBeau. Also, a look at the airline's new destinations and Tesla's highest-ever safety score.
Allegiant will soon serve 99 cities in the United States, more than any other low-cost carrier including Southwest.
CNBC's Phil LeBeau talks with Allegiant CEO Andrew Levy about the low-cost carrier's strategy to target the East Coast and provides perspective on growth in leisure travel.
CNBC's Phil LeBeau speaks with Andrew Levy, Allegiant Travel Company president, about the company's successful business model.
As airlines ramp up fees for checked and carry-on bags, more hotels are offering items to borrow, rent or take for free. That lets travelers pack light, but still have everything.
Airfares will still be advertised inclusive of mandatory taxes and fees, after the Supreme Court refused a challenge by three airlines. But optional add-on services often leave fliers unable to compare the total price of a ticket.
With an American-US Airways merger formally announced, here's what travelers can anticipate in terms of airfares, frequent-flier miles and destinations.
American and US Airways are close to a merger decision. Here's what frequent-fliers need to know should it go through.
Add-on airline fees are getting pricier and changing frequently, making comparison shopping difficult.