What was Allegiant Travel Company's market capitalization in 2016?
US$1 billion
US$2.6 billion
US$3.5 billion
US$4 billion
Answer
In 2016, Allegiant Travel Company, the parent company of Allegiant Air, had a market capitalization of over US$2.6 billion. This financial strength supports the airline's growth and operations in the ultra low-cost market.
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