Allegiant Passenger Traffic Dips in April 2024
Allegiant Travel Company (NASDAQ: ALGT) released preliminary traffic data for April 2024, showing a decrease in passenger numbers and capacity compared to April 2023.
Scheduled Service Performance
| Metric | April 2024 | April 2023 | Change |
|---|---|---|---|
| Passengers | 1,328,010 | 1,511,309 | -12.1% |
| Revenue Passenger Miles (000) | 1,232,419 | 1,417,077 | -13.0% |
| Available Seat Miles (000) | 1,495,665 | 1,680,635 | -11.0% |
| Load Factor | 82.4% | 84.3% | -1.9 pts |
| Departures | 9,296 | 10,468 | -11.2% |
| Average Stage Length (miles) | 911 | 911 | 0.0% |
Total System Performance (Includes scheduled service and fixed fee contracts)
| Metric | April 2024 | April 2023 | Change |
|---|---|---|---|
| Passengers | 1,344,077 | 1,524,420 | -11.8% |
| Available Seat Miles (000) | 1,543,609 | 1,720,040 | -10.3% |
| Departures | 9,637 | 10,752 | -10.4% |
| Average Stage Length (miles) | 907 | 908 | -0.1% |
Note: System revenue passenger miles and load factor are not provided due to limitations in the data.
Additional Information
- Allegiant’s estimated average fuel cost per gallon for the system in April 2024 was $2.99.
Allegiant is a Las Vegas-based travel company that offers budget-friendly vacations. They focus on connecting travelers in smaller cities with popular vacation spots through their airline, Allegiant Air. Since 1999, Allegiant has been known for their all-nonstop flights and industry-low fares. Their airfares are typically less than half the cost of the average domestic roundtrip ticket.
The post Allegiant Passenger Traffic Dips in April 2024 appeared first on Travel And Tour World.
Allegiant Passenger Traffic Dips in April 2024
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