Allegiant Travel sees FY13 CAPEX $170M-$180M Allegiant is now expecting 2013 total CAPEX to be $170M-$180M. The company has signed operating leases for nine A319 aircraft with GECAS and purchase agreements for nine A320 aircraft formerly operated by Iberia. Allegiant will remain active in the market for the purchase or lease of additional Airbus aircraft.
Allegiant Travel price target raised to $220 from $186 at CRT Capital CRT Capital raised Buy rated Allegiant Travel 's price target to $220 following the Q4 report base on higher 2015 estimates, fuel savings, growth opportunities, and largely fixed operational issues.
Allegiant Travel declares recurring dividend of 25c Allegiant's board of directors declared a 25c per share dividend to be paid on March 17 to all shareholders of record as of March 4. The company intends to pay a 25c dividend each quarter, however, future payment dates are to be established each quarter.