Allegiant October 2024 Traffic Numbers Declines Year Over Year [Yahoo! Finance]
Allegiant Travel Company (ALGT)
Last allegiant travel company earnings: 1/29 04:01 pm
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Source: Yahoo! Finance
Scheduled traffic (measured in revenue passenger miles) fell 15.7% from the October 2023 levels. Capacity (measured in available seat miles) for scheduled service fell 10.2% year over year. As traffic decline was more than capacity, the load factor (percentage of seats filled by passengers) in October 2024 declined to 78.5% from 83.7% a year ago. Total departures (scheduled services) fell 10.7% in October 2024 from a year ago. However, its average stage length (miles) grew 1.6% year over year. For the total system (including scheduled service and fixed fee contract), Allegiant carried 17% less passengers in October 2024 from the year-ago period. System-wide capacity declined 9.2% in October 2024 on a year-over-year basis. The fuel price per gallon in October 2024 is estimated to have been $2.52. Drew Wells, chief commercial officer at Allegiant Travel Company, stated, "As observed below and consistent with commentary from our third quarter earnings call, hurricanes Helene and
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ALGT
News
- Allegiant announces new routes at Denver, Colorado Springs airports [Yahoo! Finance]Yahoo! Finance
- New flights to Florida from Akron Canton Airport as low as $59 [Yahoo! Finance]Yahoo! Finance
- Allegiant Ties Record for Largest Expansion in Company History with 44 New Nonstop Routes, plus 3 New CitiesPR Newswire
- Allegiant Reports October 2024 Traffic [Yahoo! Finance]Yahoo! Finance
- Allegiant Reports October 2024 TrafficPR Newswire
ALGT
Earnings
- 10/30/24 - Miss
ALGT
Sec Filings
- 11/20/24 - Form 8-K
- 11/14/24 - Form SC
- 11/5/24 - Form 10-Q
- ALGT's page on the SEC website