While nearly all US airlines saw their earnings rise in the third quarter, Allegiant Air parent Allegiant Travel Co. reported net income fell 4.5% to $13.2 million from $13.8 million in the year-ago quarter. The carrier cited the "effects of the slowdown in the general economy," for the lower result.
While nearly all US airlines saw their earnings rise in the third quarter, Allegiant Air parent Allegiant Travel Co. reported net income fell 4.5% to $13.2 million from $13.8 million in the year-ago quarter. The carrier cited the "effects of the slowdown in the general economy," for the lower result. “Unlike business-oriented carriers, this slow down, combined with our substantial growth, led to smaller unit revenue increases than anticipated,” Allegiant Chairman ...
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