Port Charlotte resort costs keep mounting for Allegiant

The Sunseeker Resort Charlotte Harbor may have a new owner soon, but for now it remains on Allegiant Travel Co.’s books. 

And that’s not a good thing for the Las Vegas airline, which already stands to lose $485 million on the sale of the property. 

The company, in its second quarter earnings report released Aug. 4, reported “special charges” of $102.2 million recorded during the quarter “reflecting a write-down to fair value less estimated costs to sell and other related expenses.”