3 Airline Stocks to Watch as the Industry Grapples With Headwinds

Following a careful analysis of the Zacks Transportation Airline industry, we advise focusing on stocks like AAL, CPA and ALGT.

Zacks Investment Research • Jun 2, 2026

Allegiant Accelerates Florida Expansion With Eight New Nonstop Routes

ALGT adds eight new nonstop routes focused on Florida, betting on leisure travel demand and low-cost service to strengthen its network strategy.

Zacks Investment Research • May 21, 2026

Allegiant Adds Eight New Nonstop Routes, Expanding Service to Florida

For a limited time, travelers can receive one-way fares as low as $59* and earn 1,000 Allways Rewards® on the new routes** LAS VEGAS, May 19, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today added eight new nonstop routes to its growing network. For a limited time, the company is offering one-way fares as low as $59* and 1,000 Allways Rewards bonus points** when customers book a flight on a new route.

PRNewsWire • May 19, 2026

Allegiant Partners With Navan to Modernize Employee Travel Operations

ALGT adopts Navan's AI-powered platform to centralize employee travel, aiming to streamline workflows and boost workforce mobility.

Zacks Investment Research • May 19, 2026

ALGT Strengthens Leisure Airline Position With Sun Country Acquisition

Allegiant Travel's Sun Country deal expands its reach to nearly 175 cities while adding cargo and charter revenue streams.

Zacks Investment Research • May 18, 2026

Allegiant Selects Navan as Employee Travel Platform

PALO ALTO, Calif.--(BUSINESS WIRE)--Navan (NASDAQ: NAVN), the global AI-powered travel and expense management platform, today announced that Allegiant (NASDAQ: ALGT) has selected Navan as its internal platform for employee business travel management. Allegiant will use Navan to coordinate and manage company-related travel for employees, including flight crews and team members traveling for training, temporary work assignments and operational support needs across the airline's network. The platf.

Business Wire • May 18, 2026

Rival Airlines Are Carving Up Spirit's Routes and Airport Slots

Budget carriers like Breeze, Allegiant and Frontier are swooping in on Spirit's former routes as well as circling its valuable takeoff and landing slots at bigger airports.

WSJ • May 17, 2026

Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes

Allegiant's acquisition of rival low-cost airline Sun Country closed on Wednesday. The airlines announced a $1.5 billion cash and stock agreement, including debt, in January.

CNBC • May 13, 2026

Sun Country merges with Allegiant Air to create larger budget airline following Spirit Airlines shutdown

Las Vegas-based Allegiant said the transaction closed after receiving required regulatory and shareholder approvals.

New York Post • May 14, 2026

Allegiant Completes Acquisition of Sun Country Airlines, Creating the Leading Leisure-Focused U.S. Airline

Combination expands network, enhances scale, and strengthens diversified operations LAS VEGAS, May 13, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced it has successfully completed its acquisition of Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY), bringing together two complementary carriers focused on affordable leisure travel. The transaction closed following satisfaction of customary closing conditions, including receipt of required regulatory approvals and approval by the shareholders of each of Allegiant and Sun Country.

PRNewsWire • May 13, 2026