Travel firm ranks among fastest-growing companies

A travel company that offers flights between Grand Junction and Las Vegas continues to rank among the fastest-growing firms included in an annual magazine list.

Allegiant Travel ranked 64th overall in the 2011 Fortune magazine list of the 100 fastest-growing companies. Allegiant ranked first in the transportation category and 56th for earnings growth. Allegiant has made the Fortune 100 two years in a row.

“For more than 10 years, Allegiant and its team members have provided safe, reliable and low-cost air service to our many cities around the U.S. Our success is a great compliment to their hard work and dedication,” said Maurice Gallagher Jr., chairman and chief executive officer of the company.

The list is based on company revenue growth and financial stability. Allegiant Travel has posted 34 consecutive quarters of profitability.

Based in Las Vegas, Allegiant links travelers in small cities to resort destinations in Las Vegas as well as Los Angeles, Phoenix and Fort Lauderdale and Tampa in Florida.

Through its subsidiary, Allegiant Air, the company operates an all-jet airline. In addition to air service, Allegiant offers hotel rooms, rental cars and other travel-related services. For more information, log on to the Web site located at www.allegiantair.com.