September 06, 2007

Allegiant Update

Story from MSN Money Central:

Allegiant Air traffic jumps 55.8 percent

Allegiant Air LLC has announced that the number of passengers for its scheduled service jumped 55.8 percent in August compared to the same period a year ago. The Las Vegas-based, low fare carrier, which operates the largest scheduled service at Orlando Sanford International Airport, had 254,687 passengers last month, up from 163,504 in August 2006. The load factor also increased to 86.8 percent, up from 78.4 percent.

Allegiant, a subsidiary of Allegiant Travel Co. (Nasdaq: ALGT), focuses on linking travelers in small cities to world-class leisure destinations such as Orlando, where it has flights to and from 26 destinations.

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