The government assistance, coupled with proactive initiatives from Allegiant and its employees, allowed the airline to preserve liquidity and strategically position itself to withstand the uncertainty surrounding the outbreak of COVID-19. Allegiant's unique business model, focused entirely on leisure travel, helped the company respond to the unprecedented challenges that the entire airline industry faced when demand for air travel dropped so suddenly and precipitously in 2020, as a result of the global pandemic.
The CARES Act, signed into law in
"We're so grateful to the federal government and the American people for stepping up and assisting the entire industry when the outlook for the future was so uncertain," said Allegiant's CEO
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