Business
Allegiant Reports January 2020 Traffic
LAS VEGAS, Feb. 17, 2020 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for January 2020.
About this update from Allegiant Travel Company
[{"type":"text","content":"LAS VEGAS, Feb. 17, 2020 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for January 2020. \n\n \n \n\n \nScheduled Service\nJanuary 2020\nJanuary 2019\nChange\nPassengers\n1,061,034\n924,957\n14.7%\nRevenue passenger miles (000)\n964,773\n857,008\n12.6%\nAvailable seat miles (000)\n1,180,041\n1,054,498\n11.9%\nLoad factor\n81.8%\n81.3%\n0.5 pts\nDepartures\n7,774\n6,782\n14.6%\nAverage stage length (miles)\n880\n901\n(2.3%)\n \nTotal System*\nJanuary 2020\nJanuary 2019\nChange\nPassengers\n1,069,139\n930,238\n14.9%\nAvailable seat miles (000)\n1,221,070\n1,080,826\n13.0%\nDepartures\n8,081\n6,981\n15.8%\nAverage stage length (miles)\n877\n898\n(2.3%)\n*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.\nPreliminary Financial Results\n$ per gallon\nJanuary estimated average fuel cost per gallon – system\n$2.20\nAllegiant Travel Company \nLas 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 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\nALGT/G\nNote: This news release was accurate at the date of issuance. Howev...