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ALLEGIANT TRAVEL COMPANY SECOND QUARTER 2025 FINANCIAL RESULTS
Second quarter 2025 GAAP diluted loss per share of $(3.62) Second quarter 2025 adjusted airline-only diluted earnings per share of $1.86(1)(2) Second quarter
About this update from Allegiant Travel Company
[{"type":"text","content":"Second quarter 2025 GAAP diluted loss per share of $(3.62)\nSecond quarter 2025 adjusted airline-only diluted earnings per share of $1.86(1)(2)\nSecond quarter 2025 adjusted diluted earnings per share of $1.23(1)(2)\nLAS VEGAS, Aug. 4, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported the below financial results for second quarter 2025, as well as comparisons to the prior year.\n\n \n \n \n \n \n \n\n \n\"During the quarter, we operated 37,000 flights — the highest quarterly total in company history,\" stated Gregory Anderson, chief executive officer of Allegiant Travel Company. \"Equally important, we achieved a remarkable 99.9% controllable completion factor, which we believe is among the top in the industry. I'm incredibly proud of Team Allegiant for delivering such strong operational results. Due to their efforts, our airline has earned a second consecutive SkyTrax Award for best low-cost carrier in North America.\n\"One of the hallmarks for Allegiant is our ability to deliver great service at an affordable price. We achieved an adjusted airline-only operating margin of 8.6% in the second quarter, surpassing our initial projections. Despite a challenging demand environment, our first-half operating margin improved over 2024. This improved performance is the result of higher productivity of our existing assets with aircraft utilization up nearly 17 percent year over year combined with strong cost controls. Impressively, we drove an industry leading reduction in unit costs, excluding fuel and special charges, of nearly eight percent year over year. \n\"Our commercial initiatives are gaining traction and yielding measurable outcomes. With the revenue headwinds associated with Navitaire behind us now, we are starting to take advantage of its ability to accelerate enhancements. These new pricing tools, in addition to product evolutions and Allegiant Extra expansion, have helped to increase ancillary revenue, as evidenced by our $3 per passenger improvement during the first half of 2025. Further improvements are anticipated as we move ahead with our focused digital transformation within our core business.\n\"We are encouraged by improving consumer confidence and are cautiously optimistic as recent bookings suggest strengthening of domestic demand in the second half of the year, as compared to previous lev...