Allegiant Air parent Allegiant Travel Co. reported first-quarter net income of $28.3 million, nearly three times the $9.7 million earned in the year-ago period, citing rising load factors and an increase in ancillary revenue. "We held our own in a challenging revenue environment, more than offsetting fare weakness with increased load factors," CFO and MD-Planning Andrew Levy said. "At the right price we continue to find strong demand for our product." A 52.2% jump in ancillary revenue to ...
"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.