LAS VEGAS, March 9, 2020 /PRNewswire/ -- Allegiant
Travel Company (NASDAQ: ALGT) today reported preliminary
passenger traffic results for February 2020.
Scheduled
Service
|
|
|
|
|
|
February
2020
|
February
2019
|
Change
|
Passengers
|
1,200,606
|
1,012,255
|
18.6%
|
Revenue passenger
miles (000)
|
1,120,943
|
947,536
|
18.3%
|
Available seat miles
(000)
|
1,370,619
|
1,137,059
|
20.5%
|
Load
factor
|
81.8%
|
83.3%
|
(1.5)
pts
|
Departures
|
8,784
|
7,265
|
20.9%
|
Average stage length
(miles)
|
902
|
908
|
(0.7%)
|
Total
System*
|
|
|
February
2020
|
February
2019
|
Change
|
Passengers
|
1,207,325
|
1,020,352
|
18.3%
|
Available seat miles
(000)
|
1,405,458
|
1,174,082
|
19.7%
|
Departures
|
9,059
|
7,559
|
19.8%
|
Average stage length
(miles)
|
898
|
903
|
(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
|
February estimated
average fuel cost per gallon – system
|
$1.87
|
|
|
|
|
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 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
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: http://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:
|
Hilarie
Grey
|
|
Sherry
Wilson
|
email:
mediarelations@allegiantair.com
|
|
email:
ir@allegiantair.com
|
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SOURCE Allegiant Travel Company