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Stock impact report

Allegiant Reports November 2024 Traffic [Yahoo! Finance]

Allegiant Travel Company (ALGT) 
Last allegiant travel company earnings: 1/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.allegiantair.com
Company Research Source: Yahoo! Finance
"Booking trends following the election continue to outpace our initial expectations," stated Drew Wells , Chief Commercial Officer of Allegiant Travel Company. "Demand recovery to hurricane-impacted destinations has been faster than expected, with demand to most impacted regions returning to normal. Additionally, close-in holiday demand during November exceeded our expectations with TRASM performing on par with the prior year during the week of Thanksgiving. December capacity is expected to be up 17 percent year-over-year, and we are encouraged by the strength in bookings for the December holiday period, which are outpacing our initial expectations. Based on recent booking trends, we now expect fourth quarter TRASM to be down approximately 1.5 percent year-over-year on capacity growth of 1.8 percent for the quarter, versus our initial TRASM expectation of down 4.5 percent year-over-year." "We took delivery of two incremental 737-MAX aircraft in November," stated Robert Neal , Chief Show less Read more
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