Airline

ALLEGIANT TRAVEL INCOME DOWN ON RISING OIL PRICES

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ALLEGIANT TRAVEL INCOME DOWN ON RISING OIL PRICES

Allegiant Travel has posted a drop in its net income for the year owing to high oil prices, which also led the airline to cut flight schedules for the second quarter. Net income for the year dropped 13.9% to $65.7 million, or $3.32 per diluted share, even though revenues rose 18.9% to $663.6 mi...

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