Allegiant and Enterprise Holdings Enter Three Year Rental Car Agreement
LAS VEGAS, Oct. 26 /PRNewswire/ -- Allegiant (Nasdaq: ALGT) today announces it has entered into a three-year agreement with Alamo Rent A Car, a subsidiary of Enterprise Holdings. Under the agreement, Alamo will be the exclusive rental car provider for Allegiant through 2013. Alamo has been Allegiant's rental car provider since 2005, a partnership that has been successful since its inception.
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"We're extremely pleased to grow our longstanding relationship with Alamo," Andrew C. Levy, Allegiant President, said. "Alamo has been a reliable partner, one that has offered our customers the best prices and selection when booking an air and rental car package. We look forward to continuing our partnership and providing our customers with the best deals in car rental service."
"When two leading companies in the travel industry come together with a shared commitment to providing the highest level of service, customers always benefit," says Ron Cerko, Vice President of Travel Industry Relations for Enterprise Holdings. "We are proud to continue and strengthen our partnership with Allegiant in the years to come."
The company has opted to continue its exclusive partnership with Alamo due to its growth and availability of rental car supply in Allegiant markets. Customers will have extensive inventory to book from, not only through Alamo Rent A Car's fleet, but also through Enterprise Holdings' other rental brands —National and Enterprise. With the company's free sell option, Allegiant has no cap on the amount of rental cars it can sell. Allegiant will offer Alamo rental car service through its website www.allegiant.com or by calling its travel experts at 702-505-8888.
About the companies
Allegiant, travel is our deal.
Las Vegas-based Allegiant Travel Company (Nasdaq: ALGT), is focused on linking travelers in small cities to world-class leisure destinations such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla. Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel-related services. In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week's Top Performing Airline study and ranked 25 on FORTUNE magazine's Fastest-Growing Companies list. Receive breaking news from Allegiant by visiting Allegiant's Facebook Fan Page at www.facebook.com/Allegiant or follow Allegiant on Twitter at twitter.com/allegiantair.
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About Alamo Rent A Car
Founded in 1974, Alamo Rent A Car is a value-oriented, internationally recognized brand serving the rental needs of airport leisure travelers. Alamo offers low rental rates and a hassle-free customer experience at the most popular travel destinations throughout the United States, Canada, Mexico, the Caribbean, Latin America and Asia. In addition, Alamo customers in the U.S. are able to conveniently choose their own vehicles, based upon their advance reservation and requested car class, and then simply drive away from the airport.
Alamo – the largest car rental provider to international travelers visiting North America – also is part of a global strategic alliance with Europcar, creating the world's largest car rental network. Alamo is a recognized technology innovator, with the industry's first and only online check-in system since 2005, as well as more than 159 self-service kiosks at 65 U.S. locations, which earned it the "Extra Mile Award" from Budget Travel magazine in 2007. Alamo also serves as the official rental car of Walt Disney World® Resort and Disneyland® Resort. Customers who book online receive Alamo's best rates, and if they choose the "Prepay & Save" option when making their online reservation, they may receive an additional 10 percent discount.
St. Louis-based Enterprise Holdings, the largest car rental service provider in the world, operates the Alamo brand through its North American regional subsidiaries. For more information about Alamo, visit www.alamo.com. For more information about Alamo's environmental stewardship and long-term commitment to the sustainability of its business, visit www.enterpriseholdings.com/sustainability.
For further information please visit the company's investor website: http://ir.allegiant.com Reference to the company's website above does not constitute incorporation of any of the information thereon into this news release.
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements are only estimates or predictions based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include our statements regarding expected revenues over the course of the charter agreement.
Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in the forward-looking statements. Important risk factors that could cause our results to differ materially from those expressed in the forward-looking statements generally may be found in our periodic reports filed with the Securities and Exchange Commission at www.sec.gov. Any forward-looking statements are based on information available to us today and we undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.
SOURCE Allegiant
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