Allegiant reports another profitable quarter
Allegiant Airlines' parent company saw its income go from $11.9 million in the second quarter of 2011 to $25.2 million in this year's second quarter.
Total operating revenue increased 15.3 percent to $231.1 million from $200.4 million in the like quarter of 2011.
Average fares for scheduled services decreased year-over-year in the second quarter, from $91.17 in 2011 to $89.43. On the flip side, the company saw a 15.1 percent increase in passengers year-over-year in the second quarter, from 1.5 million to 1.7 million.
The resulting diluted earnings per share were $1.30 for the second quarter, up from 62 cents in the same quarter the previous year.
More breaking news...
Lawsuits preceded OtterBox's LifeProof buy
"It's more than we expected," said division spokesman
Ft. Collins and New Belgium purchase flows for the Poudre
Officials for mobile case manufacturer
The City of Fort Collins acquired the water from the Coy Ditch for a total transaction price of