Faced with a devastating drop in tourism, the once-consistently profitable Allegiant Travel Co. ended 2020 in the red. Allegiant Air’s parent on Wednesday reported a loss of $184.1 million last year, compared with $232.1 million in profit in 2019.
Faced with a devastating drop in tourism, the once-consistently profitable Allegiant Travel Co. ended 2020 in the red. Allegiant Air’s parent on Wednesday reported a loss of $184.1 million last year, compared with $232.1 million in profit in 2019.