Allegiant finds profitable formula

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Rising load factor and ancillary revenue, in addition to capacity cuts by competitors, helped Allegiant Air parent Allegiant Travel Co. to a $2.6 million second-quarter profit that was a steep drop from the $10 million earned in the year-ago quarter but left it as "yet again one of the few companies in our space who are profitable," according to Chairman, President and CEO Maurice Gallagher Jr.


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