28-Oct-2010 5:13 PM
31 consecutive quarters in the black for Allegiant, but results hurt by late fall in summer traffic
Analysis
Perennially profitable Allegiant Travel Company, the parent of Las Vegas-based LCC Allegiant Air, reported its second-best 3Q results since 2005 and its 31st consecutive profitable quarter yesterday. It was also the carrier's eighth quarter in a row with double-digit operating and pre-tax margins.
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