Allegiant has repaid the $24.8 million dollar emergency relief loan the company received under the Coronavirus Aid, Relief and Economic Security (CARES) Act in April 2020. The CARES Act, signed into law in April 2020, established the Payroll Support Program to provide assistance to US companies that were impacted by the global pandemic. The funds helped Allegiant support the airline’s employee salaries and benefits. Allegiant noted that the government assistance, coupled with “proactive initiatives”, allowed the airline to preserve liquidity and strategically position the airline to withstand the uncertainty surrounding the outbreak of COVID-19. Allegiant credited its “unique business model,

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