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An Allegiant 757-200 at LAX (Photo: AirlineGeeks | Hisham Qadri)

Allegiant Stock Slips after ’60 Minutes’ Examines Safety Record

Allegiant Air was the subject of Sunday’s episode of '60 Minutes' on CBS. In roughly 30 minutes, the program scrutinized the airline’s safety record, via interviews from industry and union representatives, passengers, and FAA records or previous incidents. Preceding the  release of the program on Sunday, Allegiant sent a memo to its employees stating: “This story follows an unoriginal narrative based entirely off of outdated statistics, incidents that are years-old, and so-called industry experts' - many of whom have not seen the inside of…