Allegiant Air parent Allegiant Travel Co. reported a 19.9% rise in full-year net income to $8.7 million as the rapidly expanding company continued to build its leisure travel business. Allegiant increased its MD-80 fleet to 24 from 17 during 2006 and added 19 destinations including a new base at St. Petersburg-Clearwater and 29 new routes. Revenue soared 83.7% to $243.3 million against a 78.1% climb in expenses to $220.8 million, nearly tripling operating profit to $22.6 million from the ...

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