Allegiant Travel Company quarterly results beat estimates

Allegiant Travel Company has reported $1.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters consensus estimate of $1.37 by $0.46.  The company’s quarterly revenue was up 17.0% on a year-over-year basis to $279 million – consensus estimates were $271.54 million. For the full year, 12 months to December 31, 2014, Allegiant’s revenues rose 14.1% to $1.137bn. For the full year, total operating expense per ASM (CASM) increased 6%percent year over year. The airline company stated that CASM excluding fuel was “substantially impacted by nonrecurring expenses related to training and crew availability delays. These delays drove an additional