Allegiant plane hanging out in Sin City.
The travel industry is in a bit of a tailspin right now and many airlines have recently reported big losses in early 2009. But as far as the people at Allegiant Air are concerned, everything is just fantastic. They are flying high right now with a better than expected first quarter profit of $28.2 million. That is up significantly from just one year earlier when the airline made $9.7 million.
So how on earth did Allegiant’s revenue skyrocket? Well the company bases their profits on lower gas prices and the fees that they implemented for in-flight items and extras like car rentals and hotels. Are you scratching your head and asking yourself, “how come I never heard of Allegiant?”
That is because the company flies out of less popular cities, with not as competitive airports, such as Allentown, Pennsylvania and Elmira, New York to hot destinations like Las Vegas, San Diego and Los Angeles. Now while this makes Allegiant less “popular” commercially, the guys at Allegiant seem to not mind at all. They are the friendly green skies.
For a full list of cities that Allegiant Air serves, check out their official website.
