Don’t Count Out Allegiant Air’s Septuagenarian CEO in This Crisis

On recent earnings calls, Allegiant Air CEO Maury Gallagher almost seemed bored. Over more than two decades, he built one of the world’s most successful ultra-low-cost carriers, but by 2019, Allegiant had nearly run out of obvious markets to make the profit margins investors had come to expect. Between August 2015, and January 2020, Allegiant’s stock fell 21 percent, as analysts questioned whether the company had hit its ceiling. Having built a profitable franchise flying travelers from small… (www.yahoo.com) More...