v3.26.1
Segments (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
Three Months Ended June 30, 2026
(in thousands)Allegiant AirSun CountryConsolidated
OPERATING REVENUES:
Scheduled service$347,853 $63,608 $411,461 
Ancillary air-related charges349,365 41,173 390,538 
Loyalty redemptions19,798 694 20,492 
Third party products44,483 1,275 45,758 
Fixed fee contracts14,523 31,200 45,723 
Cargo— 27,586 27,586 
Other185 1,747 1,932 
Total operating revenues$776,207 $167,283 $943,490 
OPERATING EXPENSES:
Aircraft fuel265,123 42,546 307,669 
Salaries and benefits201,337 48,981 250,318 
Station operations76,139 19,412 95,551 
Depreciation and amortization58,521 12,188 70,709 
Maintenance and repairs39,349 9,903 49,252 
Sales and marketing29,860 5,334 35,194 
Aircraft rent7,015 — 7,015 
Other operating expense(1)
29,263 11,453 40,716 
Special charges, net of recoveries39,514 26,438 65,952 
Total operating expenses746,121 176,255 922,376 
OPERATING INCOME (LOSS)30,086 (8,972)21,114 
OTHER (INCOME) EXPENSES:
Interest income(8,093)(747)(8,840)
Interest expense35,200 4,872 40,072 
Capitalized interest(4,937)— (4,937)
Other non-operating expense74 (35)39 
INCOME (LOSS) BEFORE INCOME TAXES$7,842 $(13,062)$(5,220)
Capital expenditures$183,243 $4,887 $188,130 
Three Months Ended June 30, 2025
(in thousands)Allegiant AirSunseekerConsolidated
OPERATING REVENUES:
Passenger$617,908 $— $617,908 
Third party products33,649 — 33,649 
Fixed fee contracts17,019 — 17,019 
Other174 20,634 20,808 
Total operating revenues$668,750 $20,634 $689,384 
OPERATING EXPENSES:
Aircraft fuel165,752 — 165,752 
Salaries and benefits203,485 10,617 214,102 
Station operations75,248 — 75,248 
Depreciation and amortization64,961 3,558 68,519 
Maintenance and repairs36,379 — 36,379 
Sales and marketing25,119 1,718 26,837 
Aircraft rent11,023 — 11,023 
Other operating expense(1)
29,031 12,058 41,089 
Special charges, net of recoveries14,595 103,329 117,924 
Total operating expenses625,593 131,280 756,873 
OPERATING INCOME (LOSS)43,157 (110,646)(67,489)
OTHER (INCOME) EXPENSES:
Interest income(10,359)— (10,359)
Interest expense28,121 7,635 35,756 
Capitalized interest(4,562)— (4,562)
Other non-operating expense240 — 240 
INCOME (LOSS) BEFORE INCOME TAXES$29,717 $(118,281)$(88,564)
Capital expenditures$137,717 $1,036 $138,753 
Six Months Ended June 30, 2026
(in thousands)Allegiant AirSun CountryConsolidated
OPERATING REVENUES:
Scheduled service$686,152 $63,608 $749,760 
Ancillary air-related charges662,015 41,173 703,188 
Loyalty redemptions40,648 694 41,342 
Third party products86,818 1,275 88,093 
Fixed fee contracts32,646 31,200 63,846 
Cargo— 27,586 27,586 
Other359 1,747 2,106 
Total operating revenues$1,508,638 $167,283 $1,675,921 
OPERATING EXPENSES:
Aircraft fuel445,364 42,546 487,910 
Salaries and benefits419,422 48,981 468,403 
Station operations152,621 19,412 172,033 
Depreciation and amortization116,447 12,188 128,635 
Maintenance and repairs74,566 9,903 84,469 
Sales and marketing58,060 5,334 63,394 
Aircraft rent14,476 — 14,476 
Other operating expense(1)
49,196 11,453 60,649 
Special charges, net of recoveries67,296 26,438 93,734 
Total operating expenses1,397,448 176,255 1,573,703 
OPERATING INCOME (LOSS)111,190 (8,972)102,218 
OTHER (INCOME) EXPENSES:
Interest income(16,807)(747)(17,554)
Interest expense64,427 4,872 69,299 
Capitalized interest(9,227)— (9,227)
Other non-operating expense(1,070)(35)(1,105)
INCOME (LOSS) BEFORE INCOME TAXES$73,867 $(13,062)$60,805 
Capital expenditures$359,183 $4,887 $364,070 
Six Months Ended June 30, 2025
(in thousands)Allegiant AirSunseekerConsolidated
OPERATING REVENUES:
Passenger$1,234,658 $— $1,234,658 
Third party products68,852 — 68,852 
Fixed fee contracts33,271 — 33,271 
Other355 51,322 51,677 
Total operating revenues$1,337,136 $51,322 $1,388,458 
OPERATING EXPENSES:
Aircraft fuel332,085 — 332,085 
Salaries and benefits423,859 21,682 445,541 
Station operations148,753 — 148,753 
Depreciation and amortization124,672 7,158 131,830 
Maintenance and repairs71,233 — 71,233 
Sales and marketing48,489 3,444 51,933 
Aircraft rent16,942 — 16,942 
Other operating expense(1)
51,107 25,152 76,259 
Special charges, net of recoveries15,987 100,382 116,369 
Total operating expenses1,233,127 157,818 1,390,945 
OPERATING INCOME (LOSS)104,009 (106,496)(2,487)
OTHER (INCOME) EXPENSES:
Interest income(22,294)— (22,294)
Interest expense57,070 19,470 76,540 
Capitalized interest(11,050)— (11,050)
Other non-operating expense941 — 941 
INCOME (LOSS) BEFORE INCOME TAXES$79,342 $(125,966)$(46,624)
Capital expenditures$220,853 $1,442 $222,295 

(1)     Other operating expenses for the Allegiant Air and Sun Country segments consist of insurance, crew training and travel, legal expense, information technology, gains and losses on the sale of flight equipment, and other general and administrative expenses. Other operating expenses in the Sunseeker segment consist of food and beverage cost of goods sold, contract labor, property tax, insurance, and other general and administrative expenses.
Total assets were as follows as of the dates indicated:
(in thousands)As of June 30, 2026As of December 31, 2025
Allegiant Air$4,524,180 $4,209,401 
Sun Country1,920,285 — 
Consolidated$6,444,465 $4,209,401