Allegiant has a successful fourth quarter and 2010

Allegiant Travel Company (Las Vegas) produced a $12.4 million net profit of $12.4 million in the fourth quarter (up 15.5% from $10.5 in the same quarter a year ago) and a net profit $65.7 in 2010 (down 13.9% from a net profit of $76.3 in 2009).

This quarterly profit represents 32nd consecutive profitable quarter.

Allegiant Air also executed term sheets on its three Boeing 757-200s for short term leases to European operators as the introduction of the 757 has been delayed.

Allegiant Air has an operating fleet of 51 DC-9-82/83/87 (MD-80) aircraft through the 1st half of 2011.

Copyright Photo: Michael B. Ing. Please click on the photo for additional information.

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