LAS
VEGAS, Jan. 29, 2025 /PRNewswire/ -- Allegiant
Travel Company (NASDAQ: ALGT) today reported preliminary
passenger traffic results for December
2024.
|
Scheduled Service –
Year Over Year Comparison
|
|
|
December
2024
|
December
2023
|
Change
|
|
Passengers
|
1,544,874
|
1,356,025
|
13.9 %
|
|
Revenue passenger miles
(000)
|
1,441,734
|
1,255,868
|
14.8 %
|
|
Available seat miles
(000)
|
1,771,717
|
1,521,846
|
16.4 %
|
|
Load factor
|
81.4 %
|
82.5 %
|
(1.1pts)
|
|
Departures
|
11,117
|
9,527
|
16.7 %
|
|
Average stage length
(miles)
|
912
|
903
|
1.0 %
|
|
4th Quarter 2024
|
4th Quarter 2023
|
Change
|
|
Passengers
|
3,927,423
|
4,067,855
|
(3.5 %)
|
|
Revenue passenger miles
(000)
|
3,609,892
|
3,691,343
|
(2.2 %)
|
|
Available seat miles
(000)
|
4,503,059
|
4,429,826
|
1.7 %
|
|
Load factor
|
80.2 %
|
83.3 %
|
(3.1pts)
|
|
Departures
|
28,617
|
28,244
|
1.3 %
|
|
Average stage length
(miles)
|
900
|
887
|
1.5 %
|
|
Full Year
2024
|
Full Year
2023
|
Change
|
|
Passengers
|
16,765,283
|
17,143,870
|
(2.2 %)
|
|
Revenue passenger miles
(000)
|
15,303,737
|
15,639,329
|
(2.1 %)
|
|
Available seat miles
(000)
|
18,314,867
|
18,208,820
|
0.6 %
|
|
Load factor
|
83.6 %
|
85.9 %
|
(2.3pts)
|
|
Departures
|
116,441
|
116,044
|
0.3 %
|
|
Average stage length
(miles)
|
893
|
888
|
0.6 %
|
|
Total System* – Year
Over Year Comparison
|
|
|
December
2024
|
December
2023
|
Change
|
|
Passengers
|
1,555,292
|
1,369,293
|
13.6 %
|
|
Available seat miles
(000)
|
1,811,321
|
1,566,296
|
15.6 %
|
|
Departures
|
11,452
|
9,868
|
16.1 %
|
|
Average stage length
(miles)
|
905
|
897
|
0.9 %
|
|
4th Quarter 2024
|
4th Quarter 2023
|
Change
|
|
Passengers
|
3,999,879
|
4,145,771
|
(3.5 %)
|
|
Available seat miles
(000)
|
4,697,999
|
4,607,174
|
2.0 %
|
|
Departures
|
30,219
|
29,733
|
1.6 %
|
|
Average stage length
(miles)
|
889
|
876
|
1.5 %
|
|
Full Year
2024
|
Full Year
2023
|
Change
|
|
Passengers
|
16,982,836
|
17,342,236
|
(2.1 %)
|
|
Available seat miles
(000)
|
18,984,711
|
18,772,110
|
1.1 %
|
|
Departures
|
121,580
|
120,525
|
0.9 %
|
|
Average stage length
(miles)
|
887
|
882
|
0.6 %
|
|
*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.
|
|
Preliminary Financial
Results
|
|
|
$ per
gallon
|
|
December 2024 estimated
average fuel cost per gallon - system
|
$2.47
|
|
4th quarter
estimated average fuel cost per gallon - system
|
$2.50
|
|
Full-year 2024
estimated average fuel cost per gallon - system
|
$2.76
|
Allegiant Travel Company
Las 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 fleet serves
communities across the nation, with base airfares less than half
the cost of the average domestic roundtrip ticket. For more
information, visit us at Allegiant.com. Media information,
including photos, is available at gofly.us/iiFa303wrtF
ALGT/G
Note: This news release was accurate at the date
of issuance. However, information contained in the release may have
changed. If you plan to use the information contained herein for
any purpose, verification of its continued accuracy is your
responsibility.
For further information please visit the company's investor
website: ir.allegiantair.com
Reference to the Company's website above does not
constitute incorporation of any of the information thereon into
this news release.
|
Allegiant Media
Contact:
|
|
Investor
Inquiries:
|
|
Sonya
Padgett
|
|
Sherry
Wilson
|
|
mediarelations@allegiantair.com
|
|
ir@allegiantair.com
|
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SOURCE Allegiant Travel Company
