SOURCE: Allegiant Travel Company

Allegiant Travel Company

September 09, 2016 17:00 ET

Allegiant Announces John Redmond as President

LAS VEGAS, NV--(Marketwired - September 09, 2016) - Allegiant (NASDAQ: ALGT) today announced the appointment of John Redmond as the company's president. A former president and chief executive officer of MGM Grand Resorts, Redmond brings more than 30 years' experience in executive management in the hospitality and leisure travel industry to the position. Redmond has also served for eight years as a member of Allegiant's Board of Directors.

"John Redmond brings unparalleled experience in the travel and hospitality industry with some of the world's most successful companies -- and he knows Allegiant well," said Allegiant Chairman and Chief Executive Officer Maurice J. Gallagher, Jr. "John is the ideal leader to build on our strengths and take the company to new heights of operational excellence, as an innovator in leisure travel."

"I am thrilled to have the opportunity to join this terrific team full-time and to be a part of building an exciting future," said Redmond. "Allegiant has been incredibly effective at disrupting the typical airline business model and staying laser-focused on the needs of the leisure traveler in a way that other companies have missed."

Redmond's career in the hospitality industry spans three decades. He most recently served as managing director and chief executive officer of Echo Entertainment Group Ltd., a publicly-traded company based in Australia. He served as president and chief executive officer of MGM Grand Resorts LLC and a director of its parent company, MGM Mirage Inc., from 2001 to 2007. Prior to that, he served as a co-chief executive officer and a director for MGM Grand Inc., as well as various other executive level positions with MGM Grand Inc.

Prior to joining MGM Grand, Redmond held various senior level executive positions with Caesars World Inc.

In addition to Allegiant he currently serves on the Board of Directors of Vail Resorts Inc. He has previously served on the boards of Tropicana Las Vegas Hotel and Casino Inc. and Echo Entertainment Group Ltd.

Redmond was originally elected to Allegiant's Board of Directors in 2007 and served until June 2013, when he resigned to assume a full-time commitment in Australia. He was once again designated to serve on the board in April 2014.

Redmond will assume the role of president, Allegiant Travel Company, effective Monday, September 12, and will lead the senior executive team including Chief Financial Officer Scott Sheldon, Chief Operating Officer Jude Bricker, and Chief Information Officer Scott Allard. Redmond will report to Allegiant Chairman and Chief Executive Officer Maurice J. Gallagher, Jr. He will continue to serve on the company's Board of Directors.

About Allegiant

Las Vegas-based Allegiant (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The airline offers industry-low fares on an all-jet fleet while also offering other travel-related products such as hotel rooms, rental cars and attraction tickets. All can be purchased only through the company website, Allegiant.com. Beginning with one aircraft and one route in 1999, the company has grown to over 80 aircraft and more than 300 routes across the country with base airfares less than half the cost of the average domestic roundtrip ticket. For downloadable press kit, including photos, visit: http://gofly.us/iiFa303wrtF.

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