v3.26.3
Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
Three Months Ended September 30, 2026
(in thousands)Allegiant AirSun CountryConsolidated
OPERATING REVENUES:
Scheduled service$292,087 $95,095 $387,182 
Ancillary air-related charges312,230 60,546 372,776 
Loyalty redemptions16,351 1,139 17,490 
Third party products42,292 2,324 44,616 
Fixed fee contracts20,627 63,019 83,646 
Cargo— 52,393 52,393 
Other174 3,282 3,456 
Total operating revenues$683,761 $277,798 $961,559 
OPERATING EXPENSES:
Aircraft fuel226,192 67,383 293,575 
Salaries and benefits188,979 98,408 287,387 
Station operations78,255 35,731 113,986 
Depreciation and amortization57,561 23,611 81,172 
Maintenance and repairs39,211 20,573 59,784 
Sales and marketing27,632 8,178 35,810 
Aircraft rent7,739 — 7,739 
Other operating expense(1)
31,531 20,736 52,267 
Special charges, net of recoveries11,792 7,292 19,084 
Total operating expenses668,892 281,912 950,804 
OPERATING INCOME (LOSS)14,869 (4,114)10,755 
OTHER (INCOME) EXPENSES:
Interest income(8,472)(1,201)(9,673)
Interest expense38,418 8,137 46,555 
Capitalized interest(6,189)— (6,189)
Other non-operating expense42 70 112 
LOSS BEFORE INCOME TAXES$(8,930)$(11,120)$(20,050)
Capital expenditures$131,899 $3,781 $135,680 
Three Months Ended September 30, 2025
(in thousands)Allegiant AirSunseekerConsolidated
OPERATING REVENUES:
Scheduled service$177,194 $— $177,194 
Ancillary air-related charges295,548 — 295,548 
Loyalty redemptions21,402 — 21,402 
Third party products39,397 — 39,397 
Fixed fee contracts18,852 — 18,852 
Other181 9,358 9,539 
Total operating revenues$552,574 $9,358 $561,932 
OPERATING EXPENSES:
Aircraft fuel151,254 — 151,254 
Salaries and benefits190,491 5,903 196,394 
Station operations71,390 — 71,390 
Depreciation and amortization58,952 — 58,952 
Maintenance and repairs39,908 — 39,908 
Sales and marketing22,093 947 23,040 
Aircraft rent11,096 — 11,096 
Other operating expense(1)
24,684 8,931 33,615 
Special charges, net of recoveries2,907 566 3,473 
Total operating expenses572,775 16,347 589,122 
OPERATING LOSS(20,201)(6,989)(27,190)
OTHER (INCOME) EXPENSES:
Interest income(10,108)— (10,108)
Interest expense34,120 3,996 38,116 
Capitalized interest(3,166)— (3,166)
Other non-operating expense122 — 122 
LOSS BEFORE INCOME TAXES$(41,169)$(10,985)$(52,154)
Capital expenditures$129,278 $— $129,278 
Nine Months Ended September 30, 2026
(in thousands)Allegiant AirSun CountryConsolidated
OPERATING REVENUES:
Scheduled service$978,239 $158,703 $1,136,942 
Ancillary air-related charges974,245 101,720 1,075,965 
Loyalty redemptions56,999 1,833 58,832 
Third party products129,110 3,599 132,709 
Fixed fee contracts53,273 94,218 147,491 
Cargo— 79,978 79,978 
Other533 5,031 5,564 
Total operating revenues$2,192,399 $445,082 $2,637,481 
OPERATING EXPENSES:
Aircraft fuel671,556 109,929 781,485 
Salaries and benefits608,401 147,389 755,790 
Station operations230,877 55,143 286,020 
Depreciation and amortization174,008 35,798 209,806 
Maintenance and repairs113,777 30,476 144,253 
Sales and marketing85,693 13,512 99,205 
Aircraft rent22,215 — 22,215 
Other operating expense(1)
80,725 32,191 112,916 
Special charges, net of recoveries79,089 33,729 112,818 
Total operating expenses2,066,341 458,167 2,524,508 
OPERATING INCOME (LOSS)126,058 (13,085)112,973 
OTHER (INCOME) EXPENSES:
Interest income(25,279)(1,947)(27,226)
Interest expense102,847 13,009 115,856 
Capitalized interest(15,417)— (15,417)
Other non-operating expense(1,028)34 (994)
INCOME (LOSS) BEFORE INCOME TAXES$64,935 $(24,181)$40,754 
Capital expenditures$491,082 $8,668 $499,750 
Nine Months Ended September 30, 2025
(in thousands)Allegiant AirSunseekerConsolidated
OPERATING REVENUES:
Scheduled service$707,771 $— $707,771 
Ancillary air-related charges963,700 — 963,700 
Loyalty redemptions57,331 — 57,331 
Third party products108,249 — 108,249 
Fixed fee contracts52,123 — 52,123 
Other536 60,680 61,216 
Total operating revenues$1,889,710 $60,680 $1,950,390 
OPERATING EXPENSES:
Aircraft fuel483,339 — 483,339 
Salaries and benefits614,350 27,585 641,935 
Station operations220,143 — 220,143 
Depreciation and amortization183,623 7,159 190,782 
Maintenance and repairs111,141 — 111,141 
Sales and marketing70,583 4,390 74,973 
Aircraft rent28,038 — 28,038 
Other operating expense(1)
75,790 34,083 109,873 
Special charges, net of recoveries18,894 100,948 119,842 
Total operating expenses1,805,901 174,165 1,980,066 
OPERATING INCOME (LOSS)83,809 (113,485)(29,676)
OTHER (INCOME) EXPENSES:
Interest income(32,402)— (32,402)
Interest expense91,190 23,466 114,656 
Capitalized interest(14,216)— (14,216)
Other non-operating expense1,064 — 1,064 
INCOME (LOSS) BEFORE INCOME TAXES$38,173 $(136,951)$(98,778)
Capital expenditures$350,131 $1,442 $351,573 

(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 September 30, 2026As of December 31, 2025
Allegiant Air$4,457,903 $4,209,401 
Sun Country1,889,078 — 
Consolidated$6,346,981 $4,209,401