Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, posted 2014 net income of $86.7 million, down 6.1% from a net profit of $92.3 million in 2013. The ultra-low cost carrier specializing in flights from smaller US cities to US vacation destinations has now been profitable for every quarter for 12 consecutive years. But a $43.3 million charge taken in the 2014 fourth quarter for the write down on the value of Allegiant’s fleet of six Boeing 757s almost broke the ...

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