LAS
VEGAS, July 25, 2024 /PRNewswire/ -- Allegiant
Travel Company (NASDAQ: ALGT) today reported preliminary
passenger traffic results for June
2024.
Scheduled Service – Year Over Year
Comparison
|
June 2024
|
June 2023
|
Change
|
|
Passengers
|
1,830,067
|
1,802,886
|
1.5 %
|
|
Revenue passenger miles
(000)
|
1,612,782
|
1,590,984
|
1.4 %
|
|
Available seat miles
(000)
|
1,862,875
|
1,766,164
|
5.5 %
|
|
Load factor
|
86.6 %
|
90.1 %
|
(3.5 pts)
|
|
Departures
|
12,217
|
11,530
|
6.0 %
|
|
Average stage length
(miles)
|
868
|
868
|
0.0 %
|
|
2nd Quarter 2024
|
2nd Quarter 2023
|
Change
|
|
Passengers
|
4,572,769
|
4,719,623
|
(3.1 %)
|
|
Revenue passenger miles
(000)
|
4,108,288
|
4,278,399
|
(4.0 %)
|
|
Available seat miles
(000)
|
4,848,017
|
4,925,194
|
(1.6 %)
|
|
Load factor
|
84.7 %
|
86.9 %
|
(2.2 pts)
|
|
Departures
|
31,128
|
31,487
|
(1.1 %)
|
|
Average stage length
(miles)
|
885
|
887
|
(0.2 %)
|
|
|
|
|
Total System* - Year Over Year
Comparison
|
June 2024
|
June 2023
|
Change
|
|
Passengers
|
1,849,172
|
1,814,041
|
1.9 %
|
|
Available seat miles
(000)
|
1,931,393
|
1,805,699
|
7.0 %
|
|
Departures
|
12,639
|
11,816
|
7.0 %
|
|
Average stage length
(miles)
|
870
|
866
|
0.5 %
|
|
2nd Quarter 2024
|
2nd Quarter 2023
|
Change
|
|
Passengers
|
4,621,848
|
4,755,981
|
(2.8 %)
|
|
Available seat miles
(000)
|
5,013,209
|
5,053,547
|
(0.8 %)
|
|
Departures
|
32,252
|
32,396
|
(0.4 %)
|
|
Average stage length
(miles)
|
883
|
884
|
(0.1 %)
|
*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
|
|
June 2024 estimated
average fuel cost per gallon – system
|
$2.72
|
|
|
|
2nd quarter
2024 estimated fuel cost per gallon - system
|
$2.83
|
|
|
|
|
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
|
Category: News
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SOURCE Allegiant Travel Company