Allegiant Air posts profitable second quarter
VIENNA — Allegiant Air, the only commercial airline at the Youngstown-Warren Regional Airport, reported operating income today of $92.8 million in the second quarter of 2015 compared with $56.4 million in the second quarter of 2014 – a 64.5 percent increase.
Net income was $54.3 million in the second quarter of this year compared with $33.5 million in the second quarter 2014 – a 62.1 percent increase.
Earnings per share were $3.18 for the second quarter compared with $1.86 in the same quarter 2014.
“We are very proud to report our 50th consecutive profitable quarter,” said Maurice J. Gallagher, Jr., chairman and chief executive officer of Allegiant Travel Co. “This is rare in our industry and demonstrates the flexibility of the company and the model through the extremes of the past dozen years.”
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