An airline that actually makes money and has a strong stock price?

George Hobica, April 21, 2009
Fares from Washington DC:

    Yes, that airline exists and its called Allegiant. Amazingly, Allegiant reported $26.16 million in profits in Q1 2009, a 191.2 percent increase from the second quarter of 2008, and its stock has zoomed from a 52 week low of $15.89 to a close yesterday of $54.70, according to this article in the NW Arkansas Morning News. So apparently you can make money in the airline biz if you sell a lot of packages and Blue Man Group tickets, charge a lot of extra fees, and fly nonstop routes between small US airports and popular vacation and convention destinations. Airfarewatchdog.com is the only airfare listing and alert site that tracks Allegiant's fares.

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