ALLEGIANT REPORTS MARCH 2024 TRAFFIC

Allegiant Travel Company -4.03%

Allegiant Travel Company

ALGT

47.39

-4.03%

LAS VEGAS, April 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2024.

Scheduled Service – Year Over Year Comparison





March 2024

March 2023

Change

Passengers

1,649,826

1,676,400

(1.6 %)

Revenue passenger miles (000)

1,569,978

1,589,454

(1.2 %)

Available seat miles (000)

1,828,212

1,802,132

1.4 %

Load factor

85.9 %

88.2 %

(2.3 pts)

Departures

11,075

11,119

(0.4 %)

Average stage length (miles)

930

916

1.5 %





1st Quarter 2024

1st Quarter 2023

Change

Passengers

4,069,519

4,122,196

(1.3 %)

Revenue passenger miles (000)

3,883,810

3,925,362

(1.1 %)

Available seat miles (000)

4,636,922

4,573,766

1.4 %

Load factor

83.8 %

85.8 %

(2.0 pts)

Departures

28,177

28,273

(0.3 %)

Average stage length (miles)

926

915

1.2 %

 

Total System* - Year Over Year Comparison





March 2024

March 2023

Change

Passengers

1,668,252

1,691,039

(1.3 %)

Available seat miles (000)

1,892,229

1,850,874

2.2 %

Departures

11,585

11,557

0.2 %

Average stage length (miles)

921

906

1.7 %





1st Quarter 2024

1st Quarter 2023

Change

Passengers

4,104,860

4,148,453

(1.1 %)

Available seat miles (000)

4,771,971

4,677,622

2.0 %

Departures

29,225

29,145

0.3 %

Average stage length (miles)

919

908

1.2 %









*Total system includes scheduled service and fixed fee contract.  System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs.  Fixed fee flying is better measured through dollar contribution versus operational statistics.

Preliminary Financial Results





$ per gallon

March 2024 estimated average fuel cost per gallon – system

$3.03





1st quarter 2024 estimated fuel cost per gallon - system

$3.03





Allegiant Travel Company

Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant's fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF

ALGT/G

Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.

For further information please visit the company's investor website: http://ir.allegiantair.com

Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.

Allegiant Media Contact:



Investor Inquiries:

Sonya Padgett



Sherry Wilson

email: mediarelations@allegiantair.com



email: ir@allegiantair.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-reports-march-2024-traffic-302129719.html

SOURCE Allegiant Travel Company

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via