Allegiant posts 1Q net profit of $34 million

Credit: Rob Finlayson

Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported first-quarter net income of $34 million, up 7% from $31.8 million in the year-ago quarter . Total operating revenue was up 10.8% to $302.5 million, while expenses climbed 11.2% to $245.3 million, producing an operating income of...

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