Allegiant Travel Company has appointed its current CFO Robert ‘BJ’ Neal as president, effective immediately.
In this expanded role, Neal will continue to serve as CFO while taking on broader leadership responsibilities across the organisation, including People Services, Technology, and corporate administration.
He will oversee the company's financial and strategic planning functions, guide operational and administrative departments, and ensure alignment across key areas including finance, investor relations, procurement, fleet operations, and legal affairs.
Gregory Anderson, CEO of Allegiant, said Neal’s appointment as president reflects his “exceptional leadership” and “deep understanding” of the company and the wider industry.
"Over nearly two decades with the company, BJ has consistently shown an ability to pair financial discipline with strategic innovation, while supporting operational excellence.
“He is a trusted partner and I look forward to working closely with BJ as we shape Allegiant's bright future."
Neal has been with Allegiant since 2007, serving in a series of progressively senior roles across the organisation, and was appointed CFO in January 2023.
In his prior roles, Neal led key strategic and financial initiatives, including major capital-raising efforts, management of Allegiant's cost structure and fleet portfolio, and oversight of investor relations, as well as other administrative areas.
Among his achievements, Neal led the company's landmark 2021 order from Boeing and CFM for up to 100 new 737 aircraft – one of the largest commitments in Allegiant's history.
This week, as covered by Airline Economics, Allegiant reported an adjusted third-quarter net loss of $37.7 million, but raised its airline-only earnings per share (EPS) guidance for the full year.
The company’s “seasonally weakest” quarter of the year saw “steady booking improvements” but delivered an operating loss that was worse than analysts' expectations.
Total revenue was almost unchanged at $561.9 million, a miss against a forecasted $576.47 million.
Allegiant’s airline-only adjusted loss per share came in at $1.64 for the quarter, and the company raised its full-year airline-only EPS guidance to $4.35.