Allegiant Travel (ALGT) Q4 2019 Earnings Call Transcript

Allegiant Travel (ALGT) Q4 2019 Earnings Call Transcript

By any standards, this past year has been a terrific year.. As I said in our calls the past four quarters, we were in a good place at the end of 2018 after completing our transition.. We said we would generate $6 million of EBITDA this year per aircraft, and we did it and stayed at $6.3 million, a 50% increase over our 2018 results.. We led the industry in operating margin for both quarter and the year.. While this past year and 2020 will be investment years, the outcomes will justify the investments.. We have spent the past 18 years developing relationships with our leisure customers.. Since succinctly, we are focused on bringing together our one to one relationship with our customers through better IT tools, increasing the suite of leisure products, pricing them attractively and wrapping them in our loyalty program, which rewards participation in the Allegiant ecosystem.. Critical to the effort is increasing our awareness among our customers.. We have had an excellent year in this category, particularly with our efforts on the Allegiant stadium, and our recent announcement of our 44 new routes.. We have sold over 7.5 million hotel room nights since the early days