Allegiant Travel guides full-year 2026 EPS above $6 after record second quarter

EarningsM&A · Partnership
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Allegiant Travel Company guided for full-year 2026 earnings per share of greater than $6 for the combined entity following a record second quarter. The combined company posted $943.5 million in revenue and a consolidated operating margin of 9.2%, with pretax income of $64.5 million and earnings per share of $2.19. CEO Gregory Anderson noted that both Allegiant and Sun Country achieved year-over-year TRASM improvement of more than 20%, and the company expects third-quarter unit revenue growth in line with the second quarter's 24.6% increase. The outlook assumes fuel at $3.75 per gallon for the rest of the year, while management flagged near-term headwinds from elevated pilot attrition at Sun Country and volatile fuel prices. The company also announced a new Expedia partnership and plans to debut a premium Allegiant First product on select aircraft in 2027.

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