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28-Oct-2010 4:01 PM

Allegiant reports 31st consecutive profitable quarter; LAN to acquire remaining shares in AIRES

Analysis

Allegiant (-0.2%) slipped on Wednesday (27-Oct-2010) as net profit for the company declined 4.5% to USD13.2 million for the three months ended 30-Sep-2010. However, the result was Allegiant's 31st consecutive profitable quarter and eighth in a row with double-digit operating and pre-tax margins.

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