Allegiant 3Q income drops nearly 28% to $9.5 million

Las Vegas-based Allegiant Travel Co. reported net income of $9.5 million, down 27.9% from $13.8 million in the year-ago quarter, owing mainly to higher fuel prices. Allegiant chairman and CEO Maurice Gallagher Jr. told reporters and analysts that this year’s elevated fuel prices led the company to...

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