ALLEGIANT REPORTS NOVEMBER 2021 TRAFFIC

Rhea-AI Summary

Allegiant Travel Company (NASDAQ: ALGT) reported its preliminary passenger traffic results for November 2021, revealing a 7.8% increase in passengers compared to November 2019, totaling 1,187,477. Revenue passenger miles rose 10.8% to 1,066,154,000, and available seat miles increased 14.7% to 1,373,420,000. However, the load factor decreased by 2.8 percentage points to 77.6%, indicating less efficient seat utilization. Compared to November 2020, passengers surged by 73.9%. Average fuel cost per gallon is estimated at $2.56.

Positive

• Passenger count increased by 7.8% compared to November 2019.
• Revenue passenger miles rose by 10.8% compared to November 2019.
• Available seat miles increased by 14.7% compared to November 2019.
• Passenger count surged 73.9% compared to November 2020.

Negative

• Load factor declined by 2.8 percentage points to 77.6%.

LAS VEGAS, Dec. 16, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2021.

Scheduled Service – Year Over Two-Year Comparison
	November 2021	November 2019	Change
Passengers	1,187,477	1,101,346	7.8%
Revenue passenger miles (000)	1,066,154	962,614	10.8%
Available seat miles (000)	1,373,420	1,197,831	14.7%
Load factor	77.6%	80.4%	(2.8 pts)
Departures	8,923	8,189	9.0%
Average stage length (miles)	876	857	2.2%

 

Total System* - Year Over Two-Year Comparison
	November 2021	November 2019	Change
Passengers	1,211,017	1,129,065	7.3%
Available seat miles (000)	1,430,727	1,255,381	14.0%
Departures	9,448	8,739	8.1%
Average stage length (miles)	862	841	2.5%

 

Scheduled Service – Year Over Year Comparison
	November 2021	November 2020	Change
Passengers	1,187,477	682,976	73.9%
Revenue passenger miles (000)	1,066,154	596,377	78.8%
Available seat miles (000)	1,373,420	1,034,482	32.8%
Load factor	77.6%	57.6%	20.0pts
Departures	8,923	6,940	28.6%
Average stage length (miles)	876	861	1.7%

 

Total System* - Year Over Year Comparison
	November 2021	November 2020	Change
Passengers	1,211,017	692,327	74.9%
Available seat miles (000)	1,430,727	1,065,731	34.2%
Departures	9,448	7,201	31.2%
Average stage length (miles)	862	854	0.9%

*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
November 2021 estimated average fuel cost per gallon – system	$2.56

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 all-Airbus 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 http://gofly.us/iiFa303wrtF

ALGT/G

Note: This news release was accurate at the date of issuance. However, information contained in the release November 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

FAQ

What were Allegiant's passenger traffic results for November 2021?

Allegiant reported 1,187,477 passengers in November 2021, a 7.8% increase from November 2019.

How did Allegiant's revenue passenger miles change in November 2021?

Revenue passenger miles increased by 10.8% to 1,066,154,000 compared to November 2019.

What is the load factor for Allegiant in November 2021?

The load factor for Allegiant in November 2021 was 77.6%, down by 2.8 percentage points from November 2019.

What was Allegiant's estimated average fuel cost in November 2021?

The estimated average fuel cost per gallon for Allegiant in November 2021 was $2.56.

How did November 2021 passenger traffic compare to November 2020 for Allegiant?

Passenger count surged by 73.9%, increasing from 682,976 in November 2020 to 1,187,477 in November 2021.