Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, is reporting third-quarter net income of $14.2 million, down 17.2% from net income of $17.1 million in the year-ago quarter. Total third-quarter operating revenue was $265 million, up 15.8% year-over-year, while expenses were $236.2 million, up 18.3%, producing an operating income of $29 million, down 1.2% compared to the year-ago period. Allegiant chairman and CEO Maurice Gallagher said, “During this quarter we saw the ...

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