Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported second-quarter net income of $60.8 million, up 12% from $54.3 million in the year-ago period. Second-quarter operating revenue was up 7.1% to $344.9 million, while expenses were up 5% to $240.4 million, producing an operating income was $104.5 million, up 12.6% year-over-year. Allegiant chairman and CEO Maurice Gallagher said two quarterly highlights were pilots approving a new five-year contract and the purchase of 12 ...

Subscribe to Access this Entire Article

"Allegiant 2Q net profit up 12%" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.