Allegiant Releases 2023 Sustainability Report

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Allegiant (NASDAQ: ALGT) has released its third-annual Sustainability Report, highlighting progress in key areas. The airline has set a decarbonization goal to reduce tank-to-wake greenhouse gas emissions by 10% per revenue-ton-kilometer by 2030 against a 2023 baseline, marking the first such goal in the U.S. ULCC sector. Allegiant is on track for IOSA certification by 2026, demonstrating its commitment to global safety standards.

The company achieved significant recognition in customer satisfaction, winning SkyTrax's "Best Low-Cost Airline" in North America. In 2023, Allegiant exceeded its controllable completion goal, finishing with a rate of 99.8%. President and CEO Gregory C. Anderson emphasized the company's dedication to responsible sustainability initiatives that strengthen the business while serving stakeholders.

LAS VEGAS, Oct. 8, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT), today announced the publication of its third-annual Sustainability Report.

Last year, Allegiant announced goals to accelerate sustainability initiatives throughout the business to better serve its employees, customers, shareholders and communities. Allegiant's 2023 Sustainability Report documents the progress made towards these impact areas. It embodies the growing culture of responsibility at Allegiant, where stakeholder dedication, and an increasing company-wide commitment, drives meaningful progress on critical issues related to the environment, safety, and customer experience.

"We take pride in establishing objectives that strengthen our business," said Allegiant's President and CEO, Gregory C. Anderson. "Looking ahead, we remain committed to playing our part through responsible sustainability initiatives."

The 2023 Sustainability Report underscores the company's commitment to environmental and social impact, showcasing achievements over the past year and outlining future priorities.

Progress Toward Decarbonization: Following last year's announcement, Allegiant has set the first ever decarbonization goal in the United States' ULCC sector: reduce tank-to-wake greenhouse gas    emissions by 10% per revenue-ton-kilometer by 2030 against a 2023 baseline. This initiative represents an important step toward minimizing environmental impact while maintaining affordable travel options.    The 2023 Sustainability Report outlines the methodology and pathway to achieving this goal.

IOSA Certification on Track for 2026: Safety is a top priority at Allegiant. This year's report highlights the airline's strategic path to obtain certification from the International Air Transport Association's Operational Safety Audit (IOSA) by 2026, reflecting Allegiant's dedication to maintaining the highest global safety standards.

Excellence in Customer Satisfaction: In addition to its operational and environmental initiatives, Allegiant achieved significant recognition in customer satisfaction this year, winning multiple awards, including SkyTrax's "Best Low-Cost Airline" in North America. These honors recognize the airline's unwavering dedication to delivering an outstanding customer experience. In 2023, the airline exceeded its controllable completion goal of 99.5%, finishing with a rate of 99.8% for the year.

Allegiant is committed to building on these achievements, prioritizing sustainability, safety and customer satisfaction. The airline is engaged in exploring new ways to enhance its positive impact on the environment and the communities it serves.

To view the full report, click here.

Allegiant – Together We Fly^™

Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF.

Media Contact
Phone: 702-800-2020
Email: mediarelations@allegiantair.com

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SOURCE Allegiant Travel Company

FAQ

What decarbonization goal has Allegiant (ALGT) set in its 2023 Sustainability Report?

Allegiant has set a goal to reduce tank-to-wake greenhouse gas emissions by 10% per revenue-ton-kilometer by 2030 against a 2023 baseline, which is the first such goal in the United States' ULCC sector.

When does Allegiant (ALGT) aim to achieve IOSA certification?

Allegiant is on track to obtain certification from the International Air Transport Association's Operational Safety Audit (IOSA) by 2026.

What customer satisfaction award did Allegiant (ALGT) win in 2023?

Allegiant won SkyTrax's "Best Low-Cost Airline" award in North America, recognizing its dedication to delivering an outstanding customer experience.

What was Allegiant's (ALGT) controllable completion rate in 2023?

Allegiant exceeded its controllable completion goal of 99.5%, finishing with a rate of 99.8% for the year 2023.

Who is the current President and CEO of Allegiant (ALGT) mentioned in the 2023 Sustainability Report?

Gregory C. Anderson is mentioned as the President and CEO of Allegiant in the 2023 Sustainability Report.