Allegiant Travel Net Change in Property, Plant, and Equipment 2010-2024 | ALGT
Allegiant Travel net change in property, plant, and equipment from 2010 to 2024. Net change in property, plant, and equipment can be defined as the overall change in capital expenditures and sales of plant, property and equipment. This field is used if a company does not report separately sales and purchases of plant, property and equipment or is calculated as the sum of purchases and sales of PP&E
Allegiant Travel Annual Net Change in Property, Plant, and Equipment (Millions of US $) |
2023 |
$-493 |
2022 |
$-429 |
2021 |
$-244 |
2020 |
$-281 |
2019 |
$-507 |
2018 |
$-335 |
2017 |
$-580 |
2016 |
$-200 |
2015 |
$-253 |
2014 |
$-279 |
2013 |
$-178 |
2012 |
$-103 |
2011 |
$-86 |
2010 |
$-98 |
2009 |
$-32 |
Sector |
Industry |
Market Cap |
Revenue |
Transportation |
Transportation - Airlines |
$1.497B |
$2.513B |
Allegiant Travel Company, through its subsidiary Allegiant Air LLC, operates a low-cost passenger airline. It focuses on linking leisure travelers in small and medium sized cities to world-class leisure destinations. The company focuses on unbundling its air-related products and services like baggage fees, advance seat assignment among others. Allegiant, which also offers air transportation through fixed fee flight arrangements, focuses on generating significant additional ancillary revenues thanks to its unique business model. By focusing on leisure travelers only, this unique business model enables the company to avoid heavy costs of serving a variety of customers. In order to reduce costs, Allegiant usually purchases used aircraft with useful remaining years. Additionally, this non-traditional approach also brings down distribution- related expenses.
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