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Allegiant Travel is closing in on profits for the first time since the pandemic hit, winning some more love from Wall Street.
Allegiant
(ticker: ALGT) a low-budget airline known for its rock-bottom fares to vacation spots like Las Vegas and Orlando, wasn’t quite profitable in the fourth quarter. But it came closer than most, posting a net loss of $29 million. Adjusted for special charges, Cares Act grants, and other items, the carrier eked out $36…