Las Vegas-based Allegiant Travel Co., parent of ultra-LCC Allegiant Air, reported 2018 first-quarter net income of $55.2 million, up 31% from $42.2 million in the 2017 first quarter. Operating revenue was $425.4 million, up 12% from the year-ago quarter. Allegiant’s ambitious plan to fast-track the retirement of its MD-80 fleet remains on track, and the associated efficiency gains along with expanded use of revenue management tools has executives bullish on the ...

Subscribe to Access this Entire Article

"Allegiant Air 1Q net profit up 31% on revenue tools, MD-80 retirements" 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?

Already registered? here.