Allegiant and Peppermill enter agreement for charter air service operations
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Allegiant (Nasdaq: ALGT), announced that it has entered into a three-year, fixed-fee agreement with Peppermill Casinos, Inc. Under the agreement, Allegiant will provide air transportation for the casino company's three Wendover, Nev., properties.
Allegiant expects to generate more than $20 million in revenue over the three-year term of the agreement. The agreement is subject to earlier termination by either party.
"We're pleased to establish a new partnership with the Peppermill Resorts," Andrew C. Levy, Allegiant President, said. "We are confident Peppermill customers will be pleased with the level of service and reliability our company will provide."
"The Peppermill Resorts at Wendover are pleased to partner with Allegiant in providing flight packages," John W. Spillman, Marketing Director for Peppermill Resorts at Wendover, commented. "We are excited to work with a company which shares many of the same core values with us and look forward to the name brand recognition that Allegiant will provide to our program."
By March 1, 2011, Allegiant will base one 150-seat, MD-80 series jet aircraft in Wendover to provide charter services to a number of small cities throughout the United States for the Peppermill's three Wendover resort properties: Montego Bay Casino Resort, Rainbow & Hotel Casino and Peppermill Hotel & Casino. The travel company will establish a base in Wendover with more than 20 employees, including maintenance, flight crews and stations personnel.
Other charter and scheduled services will be unaffected by the agreement announced today. In accordance with industry practices, Peppermill will bear the fuel risk for Allegiant flights performed under these agreements.
Resorts at Wendover's Flight Program is in its sixth year of operation and serves over 60 cities with flight packages . Additional information about the Peppermill Resorts at Wendover is available at www.wendoverfun.com.
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Allegiant and Peppermill enter agreement for charter air service operations 
