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Article: High flier joins big boys at LAX: Allegiant Air soars in turbulent industry.(AVIATION)(Los Angeles International Airport)
- Article from:
- Los Angeles Business Journal
- Article date:
- April 27, 2009
- Author:
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The U.S. airline industry has been hard hit by the recession, but one of the industry's few bright spots is landing--and taking off--this week at Los Angeles International Airport.
Allegiant Air, a low-cost airline that offers flights among major U.S. cities and small domestic markets, will begin its unusual service with 13 routes to destinations such as Billings, Mont.; Des Moines, Iowa; and Fargo, N.D.
Owned by Allegiant Travel Co. of Las Vegas, the 12-year-old airline has been profitable for 25 straight quarters amid huge losses by established carriers. Even discount carriers such as Southwest Airlines are barely breaking even.
"Allegiant is ...