Allegiant Air strongly profitable in tough third quarter
A sound strategy and a little bit of good fortune have helped Las Vegas-based LCC, Allegiant Air, to rise above the pack. Allegiant Air is the only US mainline carrier to have posted profits in every quarter so far in 2008, with the consistently profitable LCC likely to be one of a handful of US carriers to have booked a net profit in the third quarter (three months ended 30-Sep-08). It is also set to report record profits in the final quarter. In this Perspective, we review the keys to its success.
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