---
title: "Forget Spirit, JPMorgan says Allegiant Travel has a winning model"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291424600.md"
description: "JPMorgan initiated coverage of Allegiant Travel (ALGT) with an Overweight rating and a $156 price target. Analyst Jamie Baker highlighted Allegiant's superior operating margins and sustainable competitive advantage compared to struggling ultra-low-cost carriers like Spirit Airlines. The firm views Allegiant as a model for next-generation LCCs, citing its focus on secondary markets and the potential upside from the Sun Country acquisition."
datetime: "2026-07-01T13:33:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291424600.md)
  - [en](https://longbridge.com/en/news/291424600.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291424600.md)
---

# Forget Spirit, JPMorgan says Allegiant Travel has a winning model

JPMorgan initiated coverage of Allegiant Travel Company (ALGT) on Wednesday with an Overweight rating. Analyst Jamie Baker said the demise of the ultra-low-cost carrier model has been widely reported given their paucity of premium, international, and loyalty, which has driven a sustainable advantage for legacy carriers. Spirit's second bankruptcy f...

### Related Stocks

- [ALGT.US](https://longbridge.com/en/quote/ALGT.US.md)
- [SNCY.US](https://longbridge.com/en/quote/SNCY.US.md)
- [SAVEQ.US](https://longbridge.com/en/quote/SAVEQ.US.md)
- [JPM.US](https://longbridge.com/en/quote/JPM.US.md)
- [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md)
- [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md)
- [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md)
- [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md)
- [8634.JP](https://longbridge.com/en/quote/8634.JP.md)
- [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md)
- [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md)

## Related News & Research

- [Allegiant pilots ratify two-year deal with carrier](https://longbridge.com/en/news/294680994.md)
- [Allegiant pilots ratify new labor contract with Teamsters Local 2118](https://longbridge.com/en/news/294720339.md)
- [Airlines and charter companies are selling front-row seats to the solar eclipse for up to $1,200](https://longbridge.com/en/news/295581285.md)
- [Flying first class is getting cheaper - if you don't mind giving up some perks](https://longbridge.com/en/news/295782048.md)
- [Allegiant Travel receives tenders for USD 377.53 million of 7.25% secured notes due 2027 in cash offer](https://longbridge.com/en/news/290616470.md)