Allegiant Travel Co., parent of Las Vegas-based low-cost carrier Allegiant Air, announced Dec. 28 that it had terminated its proposed deal to acquire 10 Airbus A319s from Cebu Pacific Air. The deal was made public in July after a letter of intent was signed. “We are disappointed that we were not able to finalize this agreement on which we spent a substantial amount of time and effort," Allegiant president Andrew Levy said. "Unfortunately we were unable to come to terms ...

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