LAS VEGAS, Feb. 23, 2015 (GLOBE NEWSWIRE) -- Allegiant Travel Company (Nasdaq:ALGT) today announced that it has entered into an agreement to purchase six additional A319 aircraft. The aircraft are currently being operated by Cebu Pacific Air and are scheduled to enter the Allegiant operating fleet from the end of 2015 through 2017.
"We continue to be able to find high quality, used A319s that fit our specification," said Jude Bricker, Senior Vice President of Planning. "These aircraft will have 156 seats which is similar to our current A319s. Including these aircraft, we have added commitments for ten additional A320 series aircraft so far this year and will remain active in the used A320 market," concluded Bricker.
Two of the aircraft will be purchased in 2015 and the company expects the remainder to be purchased in 2016. Allegiant's expected fleet plan including all aircraft currently under contract is as follows:
|YoY fleet growth||14%||8%||6%||13%|
Allegiant, Travel is our deal.®
Las Vegas-based Allegiant Travel Company (Nasdaq:ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, allegiant.com. The company was ranked ninth in the 2011 Forbes' Best Small Companies. Allegiant was also recently named one of FORTUNE magazine's "100 Fastest-Growing Companies" for the second consecutive year.
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For further information please visit the company's investor website: http://ir.allegiantair.com
Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.
Source:Allegiant Travel Company