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March 9, 2020, 2:59 p.m. EDT

Allegiant Reports February 2020 Traffic

LAS VEGAS, March 9, 2020 /PRNewswire/ --  Allegiant Travel Company /zigman2/quotes/208507686/composite ALGT +0.95% today reported preliminary passenger traffic results for February 2020. 

Scheduled Service





February 2020 February 2019 Change
Passengers 1,200,606 1,012,255 18.6%
Revenue passenger miles (000) 1,120,943 947,536 18.3%
Available seat miles (000) 1,370,619 1,137,059 20.5%
Load factor 81.8% 83.3% (1.5) pts
Departures 8,784 7,265 20.9%
Average stage length (miles) 902 908 (0.7%)

 

Total System*


February 2020 February 2019 Change
Passengers 1,207,325 1,020,352 18.3%
Available seat miles (000) 1,405,458 1,174,082 19.7%
Departures 9,059 7,559 19.8%
Average stage length (miles) 898 903 (0.6%)

*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
February estimated average fuel cost per gallon – system $1.87




Allegiant Travel Company

Las Vegas-based Allegiant /zigman2/quotes/208507686/composite ALGT +0.95% is an integrated travel company with an airline at its heart, focused on connecting customers with premier leisure experiences - from vacations to hometown family entertainment. 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 serves more than 450 routes across the country, with base airfares less than half the cost of the average domestic roundtrip ticket. Allegiant's Sunseeker Resorts subsidiary is currently under construction with its inaugural resort property, Sunseeker Resort Charlotte Harbor in Southwest Florida - a unique waterside integrated resort like no other. And a growing group of Allegiant Nonstop family entertainment centers offer state-of-the art indoor games and attractions to thrill seekers of all ages. 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:
Hilarie Grey
Sherry Wilson
email: mediarelations@allegiantair.com
email: ir@allegiantair.com

 

Cision
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SOURCE Allegiant Travel Company

Copyright (C) 2020 PR Newswire. All rights reserved

/zigman2/quotes/208507686/composite
US : U.S.: Nasdaq
$ 122.65
+1.15 +0.95%
Volume: 6,382
Sept. 25, 2020 10:38a
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$1.97 billion
Rev. per Employee
$427,441
loading...
/zigman2/quotes/208507686/composite
US : U.S.: Nasdaq
$ 122.65
+1.15 +0.95%
Volume: 6,382
Sept. 25, 2020 10:38a
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$1.97 billion
Rev. per Employee
$427,441
loading...

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