Allegiant posts 1Q net profit of $31.9 million

Credit: By Rob Finlayson
Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported first-quarter net income of $31.9 million, up 47.1% compared to $21.7 million in the year-ago period. Total operating revenue was $273 million, up 14.8% year-over-year, while expenses climbed 9.5% to $220.6 million, producing an...

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