21-Apr-2009 11:28 AM
Allegiant bucks trend with big profit rise. American sags on EU alliances investigation - SHARE WRAP
Analysis
Allegiant Air beat market expectations with a 191% leap in first quarter net profit to USD28.2 million. The company expects another strong performance in 2Q09, due to sharply lower fuel prices. The carrier's ancillary revenue model is also holding up well in challenging economic conditions.
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