Allegiant MD-80. By Rob Finlayson Allegiant Travel Co., parent of the airline, reported a fourth-quarter 2011 net profit of $10.8 million, down 12.7% over $12.4 million earned in the year-ago period. Net income for the full year fell 24.8% to $49.4 million from $65.7 million in the year-ago period. Allegiant chairman and CEO Maurice Gallagher said that “while fuel put a dent in the operating results for the year, we made excellent progress in our ongoing projects including ...

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