Allegiant Travel CO 8K

Allegiant Travel Company announced strong second quarter 2026 results and guidance for the newly combined Allegiant–Sun Country airline business, with record revenue, higher adjusted EPS, integration progress, new financing, and updated outlook for 2026.

On August 4, 2026, Allegiant Travel Company reported its second quarter 2026 financial results, highlighting record consolidated operating revenue of $943.5 million (up 36.9% year-over-year), a GAAP net loss of $4.9 million or $(0.21) per diluted share driven by one-time transaction and integration costs from the May 13, 2026 acquisition of Sun Country, and strong non-GAAP performance with adjusted diluted earnings per share of $2.19 (up 78% year-over-year). The company noted that results include approximately seven weeks of Sun Country operations, expects to realize at least $140 million of annual run-rate synergies within three years, and provided guidance for the combined entity including third quarter 2026 adjusted operating margin of 1–3% and full-year 2026 adjusted EPS of more than $6.00. Allegiant also disclosed balance sheet actions, including issuance of $650 million of 7.125% senior secured notes due 2031 and early repurchase of over 90% of its 7.250% senior secured notes due 2027, liquidity of $1.3 billion, and a total debt balance of $2.8 billion as of June 30, 2026, along with operational initiatives such as a new exclusive distribution agreement with Expedia, upcoming Allegiant First premium seating, complimentary beverage service, and ratification of a new collective bargaining agreement with its pilots.

Filing Facts

CIK

1362468

Ticker

-

Form

8K

Source Type

sec

Accession

0001362468-26-000047

Alert Tier

7