Fuel Prices Lower Allegiant's Profit, But Margin Remains Above 20%
Allegiant Travel Co., the parent of U.S. low-cost niche carrier Allegiant Air, reported its 29th consecutive profitable quarter. Allegiant’s $22.6 million profit and 21.4% operating margin were less than its $28.2 million profit and 31.3% operating margin for the same quarter last year. That’s...
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