Allegiant Reports December 2024 Traffic
Allegiant Travel Company (NASDAQ: ALGT) has released its December 2024 traffic report, showing mixed results across different timeframes. December 2024 saw significant year-over-year growth with passenger traffic up 13.9% to 1,544,874 passengers, and departures increasing by 16.7%. However, the load factor decreased slightly by 1.1 points to 81.4%.
The fourth quarter and full-year 2024 results showed some challenges, with passenger numbers declining by 3.5% and 2.2% respectively compared to 2023. The company's load factor also decreased across both periods, dropping 3.1 points in Q4 and 2.3 points for the full year. The system's fuel costs were reported at $2.47 per gallon in December 2024, with a full-year average of $2.76 per gallon.
Allegiant Travel Company (NASDAQ: ALGT) ha pubblicato il suo rapporto sul traffico di dicembre 2024, mostrando risultati misti in diversi periodi. Dicembre 2024 ha registrato una significativa crescita anno su anno, con il traffico passeggeri aumentato del 13,9% a 1.544.874 passeggeri, e le partenze aumentate del 16,7%. Tuttavia, il fattore di carico è leggermente diminuito di 1,1 punti, raggiungendo l'81,4%.
I risultati del quarto trimestre e dell'intero anno 2024 hanno mostrato alcune difficoltà, con il numero di passeggeri in calo rispettivamente del 3,5% e del 2,2% rispetto al 2023. Anche il fattore di carico dell'azienda è diminuito in entrambi i periodi, con un calo di 3,1 punti nel Q4 e di 2,3 punti per l'intero anno. I costi del carburante del sistema sono stati riportati a $2,47 per gallone a dicembre 2024, con una media annuale di $2,76 per gallone.
Allegiant Travel Company (NASDAQ: ALGT) ha publicado su informe de tráfico de diciembre de 2024, mostrando resultados mixtos en diferentes períodos. Diciembre de 2024 vio un crecimiento significativo interanual, con el tráfico de pasajeros aumentando un 13,9% a 1.544.874 pasajeros, y las salidas incrementándose un 16,7%. Sin embargo, el factor de carga disminuyó ligeramente en 1,1 puntos al 81,4%.
Los resultados del cuarto trimestre y del año completo 2024 mostraron algunos desafíos, con el número de pasajeros disminuyendo un 3,5% y un 2,2% respectivamente en comparación con 2023. El factor de carga de la compañía también disminuyó en ambos períodos, cayendo 3,1 puntos en el cuarto trimestre y 2,3 puntos para todo el año. Los costos de combustible del sistema se reportaron en $2,47 por galón en diciembre de 2024, con un promedio de $2,76 por galón durante todo el año.
알레지언트 여행사 (NASDAQ: ALGT)는 2024년 12월 교통 보고서를 발표했으며, 여러 시간대에서 혼합된 결과를 보여주고 있습니다. 2024년 12월은 전년 대비 13.9% 증가한 1,544,874명의 승객을 기록했으며, 출발도 16.7% 증가했습니다. 그러나 적재율은 1.1포인트 감소하여 81.4%에 달했습니다.
2024년 4분기 및 연간 실적에서는 몇 가지 과제가 나타났으며, 승객 수가 2023년에 비해 각각 3.5%와 2.2% 감소했습니다. 회사의 적재율도 두 기간 모두 감소하여, 4분기에는 3.1포인트, 연간으로는 2.3포인트 떨어졌습니다. 시스템의 연료 비용은 2024년 12월에 갤런당 $2.47로 보고되었으며, 연간 평균은 갤런당 $2.76로 나타났습니다.
Allegiant Travel Company (NASDAQ: ALGT) a publié son rapport de trafic pour décembre 2024, montrant des résultats mitigés à travers différents délais. Décembre 2024 a enregistré une croissance significative d'une année sur l'autre, avec un trafic passager en hausse de 13,9% à 1.544.874 passagers, et un nombre de départs en augmentation de 16,7%. Cependant, le coefficient de remplissage a légèrement diminué de 1,1 point à 81,4%.
Les résultats du quatrième trimestre et de l'année complète 2024 ont montré certains défis, avec une baisse du nombre de passagers de 3,5% et 2,2% respectivement par rapport à 2023. Le coefficient de remplissage de l'entreprise a également diminué au cours des deux périodes, chutant de 3,1 points au T4 et de 2,3 points pour l'année entière. Les coûts du carburant du système ont été rapportés à 2,47 $ par gallon en décembre 2024, avec une moyenne annuelle de 2,76 $ par gallon.
Allegiant Travel Company (NASDAQ: ALGT) hat ihren Verkehrsbericht für Dezember 2024 veröffentlicht, der gemischte Ergebnisse über verschiedene Zeiträume hinweg zeigt. Im Dezember 2024 gab es ein signifikantes Wachstum im Vergleich zum Vorjahr, mit einem Anstieg des Passagierverkehrs um 13,9% auf 1.544.874 Passagiere und einem Anstieg der Abflüge um 16,7%. Der Auslastungsfaktor verringerte sich jedoch um 1,1 Punkte auf 81,4%.
Die Ergebnisse des vierten Quartals und des gesamten Jahres 2024 zeigten einige Herausforderungen, da die Passagierzahlen im Vergleich zu 2023 um 3,5% und 2,2% zurückgingen. Der Auslastungsfaktor des Unternehmens ging ebenfalls in beiden Zeiträumen zurück, mit einem Rückgang von 3,1 Punkten im 4. Quartal und 2,3 Punkten für das gesamte Jahr. Die Systemkraftstoffkosten wurden im Dezember 2024 mit $2,47 pro Gallone reported, mit einem jährlichen Durchschnitt von $2,76 pro Gallone.
- December 2024 passenger traffic increased 13.9% YoY
- December 2024 departures grew 16.7% YoY
- Available seat miles increased 16.4% in December 2024
- Q4 2024 passenger numbers declined 3.5% YoY
- Full-year 2024 passengers decreased 2.2% YoY
- Load factor declined across all periods (December: -1.1pts, Q4: -3.1pts, Full-year: -2.3pts)
Insights
Allegiant's December 2024 traffic report presents a complex operational picture that warrants careful analysis. The standout 13.9% year-over-year passenger growth in December, coupled with a 16.4% increase in available seat miles, signals aggressive capacity expansion. However, this growth comes at the cost of efficiency, as evidenced by the 1.1 percentage point decline in load factor to 81.4%.
The full-year performance reveals more concerning trends. The 2.2% decline in annual passengers despite a 0.6% increase in capacity suggests demand challenges and potential market share pressure. The system-wide load factor deterioration of 2.3 points to 83.6% indicates suboptimal capacity management and could pressure unit revenues.
On the cost side, the declining fuel price trend is a significant positive. The Q4 system fuel cost of
The operational strategy appears focused on growth in select markets, as evidenced by the 16.7% increase in December departures. However, the full-year capacity growth of just 0.6% suggests a more measured approach to network expansion, likely aimed at preserving pricing power in core markets while selectively pursuing growth opportunities.
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 | |
4th quarter estimated average fuel cost per gallon - system | |
Full-year 2024 estimated average fuel cost per gallon - system | |
Allegiant Travel Company
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 | |
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SOURCE Allegiant Travel Company
FAQ
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