Nobody downloaded yet

Allegiant Airlines - Research Paper Example

Comments (0) Cite this document
Allegiant Airlines
The company came into existence in January, 1997 when its founders, Mitch Allee, Jim Patterson, and, Capt. Dave Beadle agreed on the partnership details outlined by the necessary contracts needed when starting a business. Mitch served in the capacity of the CEO whereas Patterson served as president of the company…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Allegiant Airlines
Read TextPreview

Extract of sample "Allegiant Airlines"

Download file to see previous pages Finally, Capt. Dave served in the capacity of Chief Pilot. In 1998, the company got FAA and Department of Transportation (DOT) Certification. This officially allowed them to operate charter and scheduled flights locally within the USA and also included international destinations like Canada and Mexico (Company, 2007).
Allegiant Travel Co. retained sole ownership of Allegiant Airline until December, 2000 when changes in the ownership structure occurred. These changes proved to be necessary especially with the company’s failure to generate enough revenue to stay afloat. As a result, the company had to file for Chapter 11 Bankruptcy protection in 2000 and ownership shifted to Maurice J. Gallagher, Jr. during the reorganization phase. Gallagher used his prior knowledge acquired while working with other esteemed Airlines to transform Allegiant Airline into its current form. He did this by changing the company’s market target to smaller entrepreneurs in need of chartered and scheduled services neglected by larger airlines. To this date, the company boasts over 1,800 employees working all around the world (Company, 2007). The company’s headquarters are in Enterprise, Nevada. Gallagher is also responsible for shifting the company’s headquarters from the airline’s initial hub located in Fresno, California to Enterprise, Nevada in June, 2001 (Wheelen, 2011). The new restructured company model cut down the company’s operation costs and catered for the untapped market consisting of small-scale entrepreneurs. The fact that Gallagher was the main creditor of the previously bankrupt Allegiant Airline meant that the company’s previous debts could officially be written off. This would give the company a fresh start. This allowed for Allegiant Airline to generate revenue allowing it to settle the remaining debts with its creditors. Gallagher remained CEO and guided the company through the entire processes carried out with the aim of exiting bankruptcy. His hard work finally paid off in March, 2002 when the company successfully emerged from its bankrupt state. As a result, Gallagher signed a long-term contract with Harrah’s providing charter services to Harrah’s casinos. This allowed for the company to venture into other prospects, which would allow the company to diversify the services it provided. Allegiant, therefore, begun to provide air and hotel packages to its clients (Airline, 2012). Initially, Allegiant Airline was a privately owned company. However, in November, 2006, the company decided to publically offer its Common Stock under the ticker symbol ‘ALGT’. Throughout the years, Allegiant Airline continually expands by branching out into other focus cities, for example, Florida, Los Angeles, and, Washington among others. In addition, the company continually provides exceptional services to its clients just as it did before, in its headquarters, in Nevada. Throughout the years, Allegiant Company continues to prove to other companies how proper management is an integral part in the achievement of success within any organization (Company, 2007). Allegiant’s mission statement seeks to provide affordable flight charges to individuals operating on a small scale level. This occurs via the provision of travelling opportunities to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Allegiant Airlines Research Paper Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved de
(Allegiant Airlines Research Paper Example | Topics and Well Written Essays - 1750 Words)
“Allegiant Airlines Research Paper Example | Topics and Well Written Essays - 1750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Hawaiian Airlines

...?Running Head: SOUTHWEST AIRLINES Southwest Airlines Module: Lecturer: The airline industry is highly competitive especially in the US market where market players are numerous. Before the 1990s the industry players had a lucrative period but after this and with the increased completion, expansion of internet and intensified competition, few airlines have maintained a steady growth or even profitability. United States offers an expansive market with numerous niche sub-markets which have many Americans who prefer commercial air travel mainly because of time and cost related factors. Low profit margins and stunted growth are the duplicated scenarios in the American...
10 Pages(2500 words)Research Paper

Low cost Airlines (Southwest Airlines)

...? Low cost Airlines Case Study Introduction This report will investigate the factors that have led to the survival and continuing success of Southwest Airlines, including the company’s financial planning, financial control, costing and the company’s efficient decision making process. The company has a unique business model of careful financial planning, control, efficient costing and a quick decision making process. Such unique business models have been known to ensure continued success in business organisations (Schein, E. H. 1980). Financial planning Southwest airlines is the only airline in the United States that has been consistently profitable for the past 3 decades,...
5 Pages(1250 words)Essay

Classic Airlines

...Problem Solution: ic Airlines Chimaobi Chijioke MBA 570 Sustainable Relationships Prof. Scott Hample of Phoenix Problem Solution: Classic Airlines In order to create the right problem statement to address issues that an organization is facing, the first step is to describe the situation. It is important that the framer of the problem clearly understands the situation, issues, and opportunities that are presented by a situation before trying to identify the problem. The reason for this is if one is to jump to conclusions about a given situation they may identify the wrong problem and therefore, solve the wrong problem and forego receiving optimal results. (University of Phoenix,2008) Classic Airlines has experienced a decrease... in their...
10 Pages(2500 words)Case Study


...COLLAPSE OF ENRON AND WORLDCOM Enron's Collapse To stay in the present marketing world a company should have good support services. The competition among companies is high and they to stay at the top they are using aggressive marketing strategies. The operational management and the Human Resource (HR) departments have a bigger role to play in the development of the respective companies. The quality of the product should always be of high standard. The financial activities of the company should be checked from time to time so that any fraud committed can be easily detected. Let us look at two companies Enron and WorldCom that have collapsed due to mismanagement of funds. Enron Corp. was the result of merger between Houston Natural...
11 Pages(2750 words)Essay

Airlines Industry

...CATHAY PACIFIC Ans In this era of globalisation and cut throat competition, attracting the has become a very challenging task for any business organisation. Airlines industry is no exception. Companies try to attract customers by being innovative in pricing techniques. After pushing the cost of production of goods and services to the limits, companies tried to find ways and means to cut down the procurement costs. Cathay Pacific too tried towards this end. E-procurement, in simple terms, is stated to be 'Buy the right commodity at the right time from the right people'. Working in tandem with the concept of e-business, e-Procurement, a B2B concept, is the online purchase of goods or services electronically. Cathay Pacific's CxeBuy... ...
10 Pages(2500 words)Assignment

Allegiant Report

... superior profitability than other companies competing in the air transportation industry. The long term strategy of the company of being adapt to changes in the environment by cutting its service deliver chain from 365 to 100 days was a start business move that allowed the firm to react more adequately with the petroleum cost factor that is a volatile cost variable. In the future investing in fuel efficient newer aircraft would help the company better deal with the fuel consumption costs. References Backman, J. “Allegiant: The Other Profitable US Airline.” Dun & Bradstreet. 2009. “Key Business Ratio: Air Transportation Industry.” 2 April 2009. Dun & Bradstreet Database.... Allegiant is a company that has built a business...
2 Pages(500 words)Essay

British Airlines

...BRITISH AIRLINES By 29th, October, British Airlines British Airlines is a registered trademark of the national airline of the United Kingdom known as British airways. British airways are the national carrier of the United Kingdom and are based in waterside, a place near its main hub in the London Heathrow airport. British airways are the largest national airline in the UK, based on the fleet size, the number of international flights, and the number of international destinations. British Airways are second to easy Jet based on the passenger base. The board that governs the British Airways was formed in 1971 to control both national...
3 Pages(750 words)Essay

Southwest Airlines

...Southwest Airlines and its Operational of Ethics Details: al Affiliation: Southwest Airlines and its Operational Code of Ethics Organizations the world over often set forth certain operational guidelines governing the internal working dynamics towards planned objectives. Among the areas prioritized is the identity/image of the organization projected to the greater public; a positive uniqueness that helps in breaking the jinx of a competitive world where businesses compete in terms of superiority of services rendered to customers. Cultivating that desired identity is the Code of Ethics that demarcates/defines the principles of operational conduct and behavioral expectations required of every individual employee while interacting... with...
5 Pages(1250 words)Essay

Pinnacle Airlines

...Pinnacle Airlines Business Strategy Just as an airplane journey, Pinnacle Airlines have faced ups and downs since its conception. This Memphis based airline, founded in 1985, was first christened Express Airlines I, and by the end of the year, it was flying to ten cities (Pinnacle Airlines Corp, n.d). The airline was lauded the world’s fastest growing airline and one of the largest regional airlines (Pinnacle Airlines Corp, n.d). However, through the ensuing years, Pinnacle Airlines faced a number of setbacks; this paper will illustrate the business strategy followed by...
5 Pages(1250 words)Research Paper

Ryanair airlines

...Ryanair Airlines Introduction Ryanair Airlines is a European Airline company offering low priced flights for its s. It is an Irish company which has headquarter in Swords. Ryanair Airlines was established in 1985 and currently it has become one of the most successful low cost European airline companies. It has been observed that the company mainly operates flights of short-haul in Ireland, the U.K. and continental Europe (Ryanair, 2014a). The company has recently signed a strategic alliance with Aer Lingus Group plc and owns 29.8% of its shares (Reuters, 2014). According to recent estimates of 2012, Ryanair Airlines have 298 flights that...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Allegiant Airlines for FREE!

Contact Us