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Stock Market & Financial Investment News

News Breaks
December 28, 2012
09:06 EDTALGTAllegiant 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.
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April 1, 2015
18:42 EDTALGTAllegiant Travel: Holiday weekend pilots' strike averted
Allegiant Air has received a court order, pilots will resume flying. A court in Las Vegas has issued a temporary restraining order against International Brotherhood of Teamsters Local 1224, which represents the Allegiant pilots. Allegiant has every reason to believe that the Teamsters will honor the court's instructions and will not be able to continue with their illegal intention to strike. This order will prevent a threatened pilots' strike which would have left potentially thousands of travelers with cancelled flights over the Easter holiday weekend. Based on this, all scheduled Allegiant flights are expected to operate normally. With the threat of an imminent strike over, Allegiant hopes that both parties can now focus on the next federally mediated negotiating session, scheduled for late April.
15:51 EDTALGTAllegiant Travel says Teamsters may initiate illegal strike
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