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Allegiant Travel

All articles tagged with #allegiant travel

business6 months ago

Blackstone Acquires Sunseeker Resort in Charlotte County for $200 Million

Blackstone Real Estate is set to acquire the Sunseeker Resort in Charlotte Harbor from Allegiant Travel for $200 million, with the deal expected to close in Q3 2025. The resort, which opened over budget and suffered hurricane damages, was sold after Allegiant announced its intention to sell a majority interest. Blackstone plans to leverage its experience in large-scale resorts to enhance the property.

via WINK News|
#allegiant-travel#blackstone#business
business1 year ago

American Airlines Faces Turbulence: Leadership Changes, Strategy Missteps, and Stock Decline

American Airlines lowered its Q2 2024 earnings guidance due to changes in its sales strategy, while Allegiant Travel reported disappointing April traffic. United Airlines maintained its Q2 earnings outlook, and Azul and Gol Airlines signed a codeshare agreement to enhance the Brazilian aviation market. Most airline stocks saw a decline over the past week, but the NYSE ARCA Airline Index has gained 4.7% over the past six months.

via Yahoo Finance|
#airline-industry#allegiant-travel#american-airlines