Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2024.
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Scheduled Service – Year Over Year Comparison December 2024 December 2023 ChangePassengers 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 ChangePassengers 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 ChangePassengers 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 ChangePassengers 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 ChangePassengers 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 ChangePassengers 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 bothASMs 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 gallonDecember 2024 estimated average fuel cost per gallon – system $2.474th quarter estimated average fuel cost per gallon – system $2.50Full-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 Wilsonmediarelations@allegiantair.com ir@allegiantair.com
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SOURCE Allegiant Travel Company
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