Play Live Radio
Next Up:
Available On Air Stations

Allegiant Air Posts 57th Straight Profitable Quarter

Allegiant Air announced this week it has posted its 57th straight profitable quarter.

The profits keep rolling in for the Las Vegas-based airline, with a net income of $41.6 million for the first three months.

Though that was down nearly 42 percent from last year’s $72 million, a good piece of that decline is tied to the higher labor costs associated with the airline’s new pilots contract.

Sponsor Message

Allegiant has been working to eliminate its fleet of aging MD-80s, which are prone to mechanical problems that cause havoc with Allegiant’s schedule through cancelled and delayed flights. The carrier is currently buying 12 brand-new Airbus aircraft.