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Allegiant doubles its 2Q income to $25.2 million

Las Vegas-based Allegiant Travel Co., parent of Allegiant Air (G4), reported earnings of $25.2 million, more than doubling its year-ago net income of $11.9 million.

Allegiant Air MD-80. By Rob Finlayson Las Vegas-based Allegiant Travel Co., parent of Allegiant Air (G4), reported earnings of $25.2 million, more than doubling its year-ago net income of $11.9 million. Total operating revenue increased 15.3% to $231.2 million while expenses rose 5.3% to $189.3 million, producing an operating profit of $41.9 million, more than twice the $20.7 million operating profit in the year-ago quarter. G4 chairman and CEO Maurice Gallagher told reporters and ...

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