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Allegiant Reports May 2021 Traffic
LAS VEGAS, June 15, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2021. "We have
About this update from Allegiant Travel Company
[{"type":"text","content":"LAS VEGAS, June 15, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2021.\n\n \n \n \n \n \n \n\n \n\"We have been pleased to see leisure demand recovery persist throughout May and into early June,\" stated Drew Wells, senior vice president, revenue. \"Average daily bookings since the beginning of March have continued to exceed 2019 levels. May saw a nearly five-point increase in load factor when compared with April, and peak Memorial Day travel days saw load factors of roughly 80 percent. We anticipate June loads will be in excess of 75 percent on year-over-two-year capacity increases of roughly 15 percent. We continue to expect second quarter scheduled service revenue, excluding fixed fee and other revenue, to be down six to ten percent when compared with the second quarter of 2019.\"\nScheduled Service – Year Over Two-Year Comparison\nMay 2021\nMay 2019\nChange\nPassengers\n1,040,590\n1,269,429\n(18.0%)\nRevenue passenger miles (000)\n888,735\n1,093,781\n(18.7%)\nAvailable seat miles (000)\n1,293,704\n1,308,911\n(1.2%)\nLoad factor\n68.7%\n83.6%\n(14.9pts)\nDepartures\n8,939\n9,086\n(1.6%)\nAverage stage length (miles)\n834\n843\n(1.1%)\n \nTotal System* - Year Over Two-Year Comparison\nMay 2021\nMay 2019\nChange\nPassengers\n1,046,813\n1,281,742\n(18.3%)\nAvailable seat miles (000)\n1,326,062\n1,357,963\n(2.3%)\nDepartures\n9,202\n9,416\n(2.3%)\nAverage stage length (miles)\n831\n844\n(1.5%)\n \nScheduled Service – Year Over Year Comparison \nMay 2021\nMay 2020\nChange\nPassengers\n1,040,590\n362,528\n187.0%\nRevenue passenger miles (000)\n888,735\n326,748\n172.0%\nAvailable seat miles (000)\n1,293,704\n690,624\n87.3%\nLoad factor\n68.7%\n47.3%\n21.4pts\nDepartures\n8,939\n4,654\n92.1%\nAverage stage length (miles)\n834\n856\n(2.6%)\n \nTotal System* - Year Over Year Comparison\nMay 2021\nMay 2020\nChange\nPassengers\n1,046,813\n365,519\n186.4%\nAvailable seat miles (000)\n1,326,062\n710,712\n86.6%\nDepartures\n9,202\n4,795\n91.9%\nAverage stage length (miles)\n831\n855\n(2.8%)\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 use...