Airline earns magazine recognition for performance in low-fare niche

An airline that offers service from Grand Junction to Las Vegas and Los Angeles has received national recognition for its performance in a low-fare niche market.

Allegiant Air was named the Top-Performing Airline for the low-cost niche category in an annual list published by Aviation Week magazine. Allegiant Air previously has appeared on the list, but never before has received the top spot.

The awards program identifies strong performance in the airline, aerospace and defense industries based on such factors as liquidity, financial health, fuel cost management, earnings performance and asset utilization. Allegiant Air, a subsidiary of Allegiant Travel Company, specializes in low-fare flights between small markets and vacation destinations.

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Posted by on Jul 29 2010. Filed under Business Briefs. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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