Allegiant’s Second-Quarter Profit Declines 20.3%

Credit: Airbus concept
Las Vegas-based Allegiant Travel Co., parent of LCC Allegiant Air, posted a $48.5 million net profit for the second quarter this year, down by 20.3% from $60.8 million for the same period last year. Allegiant’s second-quarter revenue increased 16.2% to $400.6 million, as operating expenses rose by...

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