Discount airline Allegiant Air saw its second quarter profit jump 112 percent compared to the previous year with a growing number of passengers flying to Las Vegas and Orlando, Fla., along with expansion into Tampa. Allegiant's second quarter net income was $10 million compared to $4.7 million in the second quarter of 2006.
Total operating revenue was $88.9 million, a 49.1 percent increase over $59.7 million during the second three months of last year. "Both Las Vegas and Orlando were substantially stronger year over year, with Orlando's improvement significantly outpacing that of Las Vegas," said Michael Gallagher Jr., Allegiant chairman, CEO and president, in a statement.
What Can Vampires Teach Us About Economics? Full Transcript - This is a transcript of the Freakonomics Radio podcast “What Can Vampires Teach Us About Economics?“ [MUSIC: Arturo Sacchetti, “Toccata Und Fugue in D Mino...
1 day ago