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 ...
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