Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported second-quarter net income of $54.3 million, up 62.8% from a $33.3 million profit in the year-ago period. This is the ultra-low-cost carrier’s 50th consecutive profitable quarter. The airline said the results were due to maintaining low costs and flexibility to react to the market. “During this [12-year streak] we have seen macro disruptions in our economy including extremely high oil prices, significant ...

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