Airline

Allegiant swings to net loss in first quarter as Boeing delivery delays continue

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Allegiant swings to net loss in first quarter as Boeing delivery delays continue

Allegiant has revealed a disappointing first quarter result with only a 1% year-on-year (YoY) increase in its total consolidated operating revenue, crawling to $656.4 million. More disappointing still, its net income of 56.1 million in the first quarter of 2023 had swung to a loss of nearly $1 milli...

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