Allegiant Travel President and COO Andrew Levy resigns after 13 years with company

MarketsAssociated Press

Allegiant Travel said Wednesday that President and Chief Operating Officer Andrew Levy resigned his executive roles and will step down from the board of directors.

The company did not say when Levy is stepping down. He has been with the company for 13 years, and has been president of Allegiant since 2009. Allegiant said Chairman and CEO Maurice Gallagher Jr. will share Levy's duties with executive team while it searches for a replacement. Levy will continue to advise the company.

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Allegiant Travel Co. is based in Las Vegas, and it is known mostly for its Allegiant Air low-fare airline.