Allegiant posts declining profits

Rising fuel costs hit Allegiant in the second quarter just as it has the rest of the industry as the company posted falling profits, despite rising revenues. Aside from its falling fortunes, it still managed to exceed analysts' expectations. [1276 words]

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This report contains the following subheadings:

• Future expectations
• Second quarter results

This report contains the following charts and tables:

• Major US airlines comparative financials