Las Vegas-based Allegiant Travel Co., parent of low-cost carrier Allegiant Air, posted third-quarter 2016 net income of $45.5 million, up 2.2% over the company’s $44.5 million net profit in 3Q 2015. Allegiant’s third-quarter operating revenue increased 11.2% year-over-year (YOY) to $333.5 million. Expenses were up 15.2% YOY to $256.6 million, resulting in a $76.8 million operating profit, down 0.3% YOY. Allegiant’s total ancillary revenue (for air-related charges and ...

Subscribe to Access this Entire Article

"Allegiant posts $46 million 3Q net profit" 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.