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Greg Anderson, CFO Allegiant Air.
The Covid-19 pandemic hasn’t been easy on any airline, but Allegiant Travel is having a moment. The parent of discount airline Allegiant Air won over analysts earlier this month, posting nearly $46 million in earnings before costs in the fourth quarter, despite a $184 million annual net loss. The company expressed optimism about future bookings, while keeping a lid on expenses.
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The Las Vegas-based airline is well-equipped to handle the turmoil, analysts say: The airline is lean,…