Allegiant Reports February 2025 Traffic
Allegiant Travel Company (NASDAQ: ALGT) has reported its February 2025 traffic results, indicating challenges in leisure demand during shoulder and off-peak periods. While peak March weeks show strong performance with TRASM (Total Revenue per Available Seat Mile) nearly matching last year's levels, the company expects first quarter TRASM to decline by over 7% year-over-year.
In response to current demand trends, Allegiant is reducing its full-year capacity forecast from 17% to 13% growth year-over-year, primarily affecting shoulder and off-peak periods. Despite these challenges, the company's cost performance is exceeding expectations, with projected consolidated earnings per share at approximately $1.50, and airline operations contributing around $1.75 per share.
Allegiant Travel Company (NASDAQ: ALGT) ha riportato i risultati del traffico di febbraio 2025, indicando sfide nella domanda di viaggi durante i periodi di spalla e fuori picco. Mentre le settimane di punta di marzo mostrano una forte performance con il TRASM (Entrate Totali per Miglio di Posto Disponibile) che si avvicina ai livelli dell'anno scorso, l'azienda prevede un calo del TRASM del primo trimestre di oltre il 7% rispetto all'anno precedente.
In risposta alle attuali tendenze della domanda, Allegiant sta riducendo la sua previsione di capacità per l'intero anno dal 17% al 13% di crescita rispetto all'anno precedente, influenzando principalmente i periodi di spalla e fuori picco. Nonostante queste sfide, la performance dei costi dell'azienda sta superando le aspettative, con utili consolidati per azione previsti intorno a $1.50, e le operazioni aeree che contribuiscono con circa $1.75 per azione.
Allegiant Travel Company (NASDAQ: ALGT) ha informado sobre sus resultados de tráfico de febrero de 2025, indicando desafíos en la demanda de ocio durante los períodos de hombro y fuera de pico. Mientras que las semanas pico de marzo muestran un rendimiento fuerte con el TRASM (Ingresos Totales por Milla de Asiento Disponible) casi igualando los niveles del año pasado, la compañía espera que el TRASM del primer trimestre disminuya más del 7% interanual.
En respuesta a las tendencias actuales de demanda, Allegiant está reduciendo su pronóstico de capacidad para todo el año del 17% al 13% de crecimiento interanual, afectando principalmente los períodos de hombro y fuera de pico. A pesar de estos desafíos, el rendimiento de costos de la compañía está superando las expectativas, con ganancias consolidadas por acción proyectadas en aproximadamente $1.50, y las operaciones aéreas contribuyendo alrededor de $1.75 por acción.
알레지언트 여행사 (NASDAQ: ALGT)는 2025년 2월 교통 결과를 보고하며 비수기 및 어깨 시즌 동안 여가 수요의 어려움을 나타냈습니다. 3월의 성수기 주간은 좌석 마일당 총 수익(TRASM)이 작년 수준에 거의 근접하는 강력한 실적을 보이고 있지만, 회사는 1분기 TRASM이 전년 대비 7% 이상 감소할 것으로 예상하고 있습니다.
현재의 수요 추세에 대응하여, 알레지언트는 연간 용량 예측을 전년 대비 17%에서 13% 성장으로 낮추고 있으며, 주로 어깨 시즌 및 비수기에 영향을 미칩니다. 이러한 어려움에도 불구하고, 회사의 비용 실적은 기대를 초과하고 있으며, 예상되는 통합 주당 순이익은 약 $1.50이고, 항공사 운영이 주당 약 $1.75를 기여하고 있습니다.
Allegiant Travel Company (NASDAQ: ALGT) a publié ses résultats de trafic pour février 2025, indiquant des défis dans la demande de loisirs pendant les périodes intermédiaires et hors saison. Alors que les semaines de pointe de mars affichent de solides performances avec un TRASM (Revenu Total par Mile de Siège Disponible) presque égal à celui de l'année dernière, l'entreprise s'attend à ce que le TRASM du premier trimestre diminue de plus de 7 % par rapport à l'année précédente.
En réponse aux tendances actuelles de la demande, Allegiant réduit sa prévision de capacité pour l'année entière de 17 % à 13 % de croissance par rapport à l'année précédente, affectant principalement les périodes intermédiaires et hors saison. Malgré ces défis, la performance des coûts de l'entreprise dépasse les attentes, avec un bénéfice consolidé par action projeté à environ 1,50 USD, et les opérations aériennes contribuant à environ 1,75 USD par action.
Allegiant Travel Company (NASDAQ: ALGT) hat seine Verkehrsergebnisse für Februar 2025 veröffentlicht, die Herausforderungen bei der Nachfrage im Freizeitbereich während der Schulter- und Nebensaison anzeigen. Während die Spitzenwochen im März eine starke Leistung mit TRASM (Total Revenue per Available Seat Mile) zeigen, die fast auf dem Niveau des Vorjahres liegt, erwartet das Unternehmen, dass der TRASM im ersten Quartal um über 7 % im Jahresvergleich sinken wird.
Als Reaktion auf die aktuellen Nachfragetrends reduziert Allegiant seine Prognose für das gesamte Jahr von 17 % auf 13 % Wachstum im Jahresvergleich, was hauptsächlich die Schulter- und Nebensaison betrifft. Trotz dieser Herausforderungen übertrifft die Kostenentwicklung des Unternehmens die Erwartungen, mit einem voraussichtlichen konsolidierten Gewinn pro Aktie von etwa 1,50 USD und den Fluggesellschaftsbetrieben, die etwa 1,75 USD pro Aktie beitragen.
- Better-than-expected cost performance in Q1 2025
- Strong performance during peak March weeks
- Proactive capacity management to adapt to demand environment
- Q1 TRASM expected to decline over 7% year-over-year
- Experiencing leisure demand softness in shoulder and off-peak periods
- Reduction in full-year capacity forecast from 17% to 13%
Insights
Allegiant's February traffic report reveals significant operational adjustments in response to weakening market conditions. The airline is experiencing leisure demand softness in shoulder and off-peak periods, forcing management to reduce their full-year capacity growth forecast from
More concerning is the projected first quarter TRASM (Total Revenue per Available Seat Mile) decline of over
On the positive side, the company is seeing better-than-expected cost performance, which is partially offsetting revenue weakness. This has enabled management to project quarterly earnings at approximately
The strategic capacity reductions targeting underperforming periods demonstrate operational flexibility, but the underlying demand weakness and downward revisions to both capacity and revenue metrics represent negative developments for near-term performance. These adjustments signal a challenging leisure travel environment that's forcing Allegiant to scale back its growth ambitions.
"Consistent with recent industry commentary, we are experiencing leisure demand softness, predominantly observed during the shoulder and off-peak periods," stated Drew Wells, Chief Commercial Officer of Allegiant Travel Company. "Peak March weeks are performing strong with TRASM nearly in line with the same weeks in the prior year, despite significant growth. However, given the shoulder period weakness, we now expect first quarter TRASM to decline just over seven percent from the prior year. Due to current demand trends, we will reduce our full-year capacity forecast from up 17 percent to up 13 percent year-over-year, with cuts primarily affecting the shoulder and off-peak periods. We will remain flexible with our capacity deployment to appropriately adapt to the demand environment."
"We are seeing better-than-expected cost performance during the quarter," stated Robert Neal, Chief Financial Officer of Allegiant Travel Company. "We anticipate our consolidated earnings per share will come in at the lower end of our initial guide at approximately
Scheduled Service – Year Over Year Comparison | |||
February 2025 | February 2024 | Change | |
Passengers | 1,280,034 | 1,243,576 | 2.9 % |
Revenue passenger miles (000) | 1,249,948 | 1,194,104 | 4.7 % |
Available seat miles (000) | 1,573,230 | 1,421,672 | 10.7 % |
Load factor | 79.5 % | 84.0 % | (4.5pts) |
Departures | 9,390 | 8,556 | 9.7 % |
Average stage length (miles) | 952 | 933 | 2.1 % |
Total System* – Year Over Year Comparison | |||
February 2025 | February 2024 | Change | |
Passengers | 1,286,748 | 1,253,860 | 2.6 % |
Available seat miles (000) | 1,610,101 | 1,456,189 | 10.6 % |
Departures | 9,676 | 8,846 | 9.4 % |
Average stage length (miles) | 946 | 924 | 2.3 % |
*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 2025 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 | |
View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-reports-february-2025-traffic-302404000.html
SOURCE Allegiant Travel Company
FAQ
What is Allegiant's (ALGT) revised capacity forecast for 2025?
How much is ALGT's expected earnings per share for Q1 2025?
What is the projected TRASM decline for Allegiant (ALGT) in Q1 2025?
How is Allegiant's (ALGT) peak March 2025 performance trending?
