Allegiant Air parent Allegiant Travel Co. reported a $4.9 million third-quarter profit, down 30.3% from $7 million in earnings during the year-ago period, citing "aggressive capacity management" as the principal reason for its continued profitability. "The steps we have taken to adapt to record high fuel prices, namely reducing our long-haul flying, trimming capacity in select markets and focusing on increased load factors, are clearly paying off," President and CEO Maurice Gallagher ...

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