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April 14, 2020, 4:45 p.m. EDT

Allegiant Reports March 2020 Traffic

LAS VEGAS, April 14, 2020 /PRNewswire/ -- Allegiant Travel Company /zigman2/quotes/208507686/composite ALGT -3.17% today reported preliminary passenger traffic results for March 2020 as well as first quarter 2020.

Scheduled Service


March 2020 March 2019 Change
Passengers 892,966 1,484,326 (39.8%)
Revenue passenger miles (000) 839,766 1,386,501 (39.4%)
Available seat miles (000) 1,413,348 1,610,575 (12.2%)
Load factor 59.4% 86.1% (26.7 pts)
Departures 8,926 10,297 (13.3%)
Average stage length (miles) 914 914 (0.0%)





1st Quarter 2020 1st Quarter 2019 Change
Passengers 3,154,606 3,421,538 (7.8%)
Revenue passenger miles (000) 2,925,482 3,191,045 (8.3%)
Available seat miles (000) 3,964,009 3,802,132 4.3%
Load factor 73.8% 83.9% (10.1 pts)
Departures 25,484 24,344 4.7%
Average stage length (miles) 900 908 (0.9%)

 

Total System*


March 2020 March 2019 Change
Passengers 898,986 1,499,688 (40.1%)
Available seat miles (000) 1,441,144 1,655,330 (12.9%)
Departures 9,172 10,660 (14.0%)
Average stage length (miles) 908 908 (0.0%)





1st Quarter 2020 1st Quarter 2019 Change
Passengers 3,175,450 3,450,278 (8.0%)
Available seat miles (000) 4,067,671 3,910,239 4.0%
Departures 26,312 25,200 4.4%
Average stage length (miles) 895 904 (1.0%)

*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 2020 estimated average fuel cost per gallon – system $1.58



$ per gallon
1st quarter 2020 estimated average fuel cost per gallon – system $1.87

Allegiant Travel Company

Las Vegas-based Allegiant /zigman2/quotes/208507686/composite ALGT -3.17% 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's all-Airbus 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:
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
$ 121.50
-3.98 -3.17%
Volume: 172,306
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$2.04 billion
Rev. per Employee
$427,441
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/zigman2/quotes/208507686/composite
US : U.S.: Nasdaq
$ 121.50
-3.98 -3.17%
Volume: 172,306
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$2.04 billion
Rev. per Employee
$427,441
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