Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported first-quarter net income of $34 million, up 7% from $31.8 million in the year-ago quarter. Total operating revenue was up 10.8% to $302.5 million, while expenses climbed 11.2% to $245.3 million, producing an operating income of $57.3 million, up 9.4% year-over-year. Chairman and CEO Maurice Gallagher said that “significant operational challenges and unusually high one-time costs impacted our overall financial ...

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