Expedia Group signs exclusive Allegiant flight distribution deal

M&A · Partnership
โดย Simply Wall St·Read original
Summary · why it matters

Expedia Group has signed a 12-month exclusive agreement to distribute Allegiant Travel Company flights across 566 routes in 124 U.S. cities through its U.S. brands. The deal comes as Expedia's stock has returned 40.96% over the past year and 9.98% over the last 30 days, though its year-to-date return stands at 6.36%. A widely followed narrative pegs Expedia's fair value at $345.94, implying the stock is 23.4% undervalued compared with its last close of $264.94.

Impact on stocks 2

Consumer Discretionary▲ · 1 stocks
Expedia Group Inc.
EXPE
▲ PositiveDemandrelevance

Exclusive 12-month agreement to distribute Allegiant flights strengthens Expedia's product offering and competitive position.

Industrials▲ · 1 stocks
Allegiant Travel Company
ALGT
▲ PositiveDemandrelevance

Exclusive distribution deal with Expedia expands Allegiant's flight reach across 566 routes, likely boosting bookings.

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