Cloudy with a little light rain or wet snow the first half of the night, with steadier rain towards the Delaware Valley and the shore. Clearing late tonight. Watch for a few slick spots..
Cloudy with a little light rain or wet snow the first half of the night, with steadier rain towards the Delaware Valley and the shore. Clearing late tonight. Watch for a few slick spots.
Updated: February 7, 2022 @ 6:13 pm
FILE – Maurice Gallagher speaks at the 14th Annual Aviation Summit in Washington, March 17, 2015. Gallagher, the longtime CEO of budget airline Allegiant, will step down as CEO of the airline’s parent company and be replaced by company President John Redmond on June 1, 2022.
FILE – Maurice Gallagher speaks at the 14th Annual Aviation Summit in Washington, March 17, 2015. Gallagher, the longtime CEO of budget airline Allegiant, will step down as CEO of the airline’s parent company and be replaced by company President John Redmond on June 1, 2022.
LAS VEGAS (AP) — Maurice Gallagher, the longtime CEO of budget airline Allegiant, will step down as CEO of the airline’s parent company and be replaced by company President John Redmond on June 1.
Allegiant Travel Co. announced the change in CEOs on Monday. Gallagher will remain chairman.
Gallagher said the change in CEOs formalizes “changes that have been working in practice for the last several years.”
The announcement came the same day that two rivals, Spirit and Frontier airlines, announced plans to merge, creating a larger budget airline than Allegiant, based in Las Vegas.
Redmond, who spent many years in the hotel and resort business, has served on Allegiant’s board since 2007 except for a one-year break. He has been president for five years and oversees day-to-day operations of the company.
Gallagher was among the investors who started ValuJet Airlines, a discount airline that suffered a 1996 Florida crash that was blamed on improperly stored hazardous materials in the cargo hold. The airline bought AirTran and took the smaller rival’s name.
Gallagher took over Allegiant in 2001 after the company went through a bankruptcy reorganization.
Allegiant reported a profit of $152 million on $497 million in revenue last year. Revenue exceeded 2019 levels, a rarity in the airline business, which is still trying to recover from the onset of the pandemic.
The company has ambitious growth plans, including a partnership with Mexico’s Viva Aerobus to increase its international business.
Shares in Allegiant Travel ended Monday little changed at $173.11.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
If you know of local business openings or closings, please notify us here.
· Pocono Dessert Co. opens women owned coffee and dessert shop at 2185 PA-611 in Swiftwater
· Handmade Mystic opens crystal shop at 2 S. 4th Street in Emmaus
· Anne Baum named first president of Lehigh Valley Reilly Children’s Hospital
· Lashes by Gab opens location at the Promenade Shops of Saucon Valley, across from the movie theater
· Elite Salon & Suites to open at the Promenade Shops of Saucon Valley in 2022. Independent salon owners will have their own suite space within the store
· Purr Haus opens at 27 South Seventh Street in Emmaus. The boutique will offer a collection of pet supplies and cat-themed apparel.
. The Hummus House opens Bethlehem location at 518 E. Third Street
· New beauty studio, Glow Factory, opens at 1708 Washington Blvd. in Easton
· New salon, Mirror Beauty Studio, to open at 2002 Hanover Avenue in Allentown. Grand opening set for Dec. 3.
· A Red Wing shoe store will open on Airport Road in Allentown at the site of the former Zoup! restaurant.
· Paisley & Company Bath Boutique & Fragrance Bar in Kutztown reopens for in-person shopping
· Bitty & Beau’s Coffee opens at 74 W. Broad Street in Bethlehem
· American Family Care opens urgent care center in the County Line Plaza, off of Route 113 near Souderton, Bucks County
· Charming Charlie, a women’s contemporary fashion and accessories retailer, will return to the Outlets at Wind Creek.
· All Weather Selvedge Denim Co. (AW) opens at The Promenade Shops at Saucon Valley in suite 608, next to Evolve Salon & Spa.
· PrimoHoagies, the casual restaurant known for its gourmet hoagies, plans to open two restaurants in Stroudsburg.
· Laura McLain, executive director of the Slate Belt Chamber of Commerce, will retire at the end of 2021 after 21+ years of service.
source
