TITLE

Allegiant Air high on earnings report

AUTHOR(S)
Spillman, Benjamin
PUB. DATE
July 2008
SOURCE
Las Vegas Business Press (10712186);7/28/2008, Vol. 25 Issue 30, pP15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of airline Allegiant Air in Las Vegas, Nevada, in the second quarter of 2008. The airline reported a 48 percent increase in revenues to $132 million, which was enough to help it outrun a 40 percent increase in fuel prices during the last six months of 2008. According to a survey, the airline's earnings per share declined by almost 75 percent for the quarter to 13 cents, which was 1 cent less than Wall Street analysts anticipated.
ACCESSION #
33947421

 

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