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    Allegiant Reports June 2024 Traffic By Investing.com



    LAS VEGAS, July 25, 2024 /PRNewswire/ — Allegiant Travel Company (NASDAQ:) (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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