AA/US merger comes under attack; Allegiant looks very nice; Air India looks to hedge

Checkout Allegiant Travel Company, its stock has surged another 12.7% in the past few weeks but it is still trading at an impressive forward earnings ratio of 16.7 – Those who followed Allegiant as one of our pick investments of 2013 in January will be doing nicely right now but will still be some way off our late 2011 call to invest in Easyjet and Spirit. Even so we do see Allegiant as one of the safer bets of the past few years, to the credit of their management. Allegiant senior staff are attending and speaking at Airline Economics Dublin