Allegiant Reports October 2021 Traffic

About this update from Allegiant Travel Company

[{"type":"text","content":" LAS VEGAS, Nov. 9, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for October 2021.\n\n \n \n \n \n \n \n\n \nScheduled Service – Year Over Two-Year Comparison\nOctober 2021\nOctober 2019\nChange\nPassengers\n1,163,152\n1,106,576\n5.1%\nRevenue passenger miles (000)\n1,014,278\n944,538\n7.4%\nAvailable seat miles (000)\n1,358,612\n1,136,093\n19.6%\nLoad factor\n74.7%\n83.1%\n(8.4 pts)\nDepartures\n9,094\n7,929\n14.7%\nAverage stage length (miles)\n849\n838\n1.3%\n \nTotal System* - Year Over Two-Year Comparison\nOctober 2021\nOctober 2019\nChange\nPassengers\n1,192,133\n1,138,029\n4.8%\nAvailable seat miles (000)\n1,424,053\n1,219,562\n16.8%\nDepartures\n9,680\n8,607\n12.5%\nAverage stage length (miles)\n835\n828\n0.8%\n \nScheduled Service – Year Over Year Comparison\nOctober 2021\nOctober 2020\nChange\nPassengers\n1,163,152\n773,275\n50.4%\nRevenue passenger miles (000)\n1,014,278\n671,025\n51.2%\nAvailable seat miles (000)\n1,358,612\n1,063,369\n27.8%\nLoad factor\n74.7%\n63.1%\n11.6pts\nDepartures\n9,094\n7,178\n26.7%\nAverage stage length (miles)\n849\n852\n(0.4%)\n \nTotal System* - Year Over Year Comparison\nOctober 2021\nOctober 2020\nChange\nPassengers\n1,192,133\n787,284\n51.4%\nAvailable seat miles (000)\n1,424,053\n1,102,335\n29.2%\nDepartures\n9,680\n7,517\n28.8%\nAverage stage length (miles)\n835\n843\n(0.9%)\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\nOctober 2021 estimated average fuel cost per gallon – system\n$2.52\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 the people, places and experiences that matter most. 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 ac...

More updates from Allegiant Travel Company