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Allegiant Travel (ALGT) to Expand Domestic Services in 2021

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Allegiant Travel Company (ALGT - Free Report) announced plans for a major domestic service expansion next year as air-travel demand, dampened by the coronavirus crisis, improves gradually. The airline will begin 15 new nonstop services in 2021, offering customers wider connectivity to   Southern California and the Pacific Northwest.

Beginning Feb 12, 2021, the carrier will initiate services connecting Orange County, CA with Boise, ID; Grand Junction, CO; Medford, OR and Provo, UT.

Starting Feb 18, 2021, Allegiant Travel will introduce services connecting Orange County, CA with Las Vegas, NV; Missoula, MT; Reno, NV and Spokane, WA.


Additionally, the airline will begin services to/from Las Vegas, NV connecting with Spokane, Orange County, Asheville, N.C and Flint, MI. Flights between Las Vegas and Spokane as well as Orange County will begin in February, while those connecting Las Vegas with Asheville and Flint will commence operations in March.

From Grand Rapids, MI, Allegiant Travel will start flights to Newark, NJ and Destin, FL. Both these services will be operational Mar 5, 2021 onward. Further, the carrier will begin flights between St. Petersburg, FL and Fargo, ND as well as that between Houston, TX and Mesa, AZ. These services will be available from Feb 11, 2021.

Customers can avail these services for fares as low as $39, $49, $59, $69 and $79 one way. However, the offer is limited to those who purchase tickets by Nov 18, 2020 to travel by May 24, 2021.

Zacks Rank & Key Picks

Allegiant Travel carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are Landstar System (LSTR - Free Report) , Expeditors International of Washington (EXPD - Free Report) and FedEx Corporation (FDX - Free Report) . While FedEx sports a Zacks Rank #1 (Strong Buy), Landstar and Expeditors carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of Landstar, Expeditors and FedEx have gained more than 16%, 19% and 77% in a year’s time, respectively.

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