LAS VEGAS, Nov. 11, 2020 /PRNewswire/ -- Allegiant Travel
Company (NASDAQ: ALGT) today reported preliminary passenger
traffic results for October 2020.
Scheduled
Service
|
|
|
October
2020
|
October
2019
|
Change
|
Passengers
|
773,275
|
1,106,576
|
(30.1%)
|
Revenue passenger
miles (000)
|
671,025
|
944,538
|
(29.0%)
|
Available seat miles
(000)
|
1,063,369
|
1,136,093
|
(6.4%)
|
Load
factor
|
63.1%
|
83.1%
|
(20.0pts)
|
Departures
|
7,178
|
7,929
|
(9.5%)
|
Average stage length
(miles)
|
852
|
838
|
1.7%
|
Total
System*
|
|
|
October
2020
|
October
2019
|
Change
|
Passengers
|
787,284
|
1,138,029
|
(30.8%)
|
Available seat miles
(000)
|
1,102,335
|
1,219,562
|
(9.6%)
|
Departures
|
7,517
|
8,607
|
(12.7%)
|
Average stage length
(miles)
|
843
|
828
|
1.8%
|
*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
|
October 2020
estimated average fuel cost per gallon – system
|
$1.29
|
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 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
|
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SOURCE Allegiant Travel Company