Allegiant Air parent Allegiant Travel Co. appears to have found the right formula in the congested US market as efforts to develop ancillary revenue streams and expansion into high-demand leisure markets helped produce a $31.5 million full-year profit, more than triple the $8.7 million earned in 2006. "We have previously demonstrated the ability, over time, to improve margins in the face of substantial fuel price increases and we fully expect to do so this time as well. We remain confident ...

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