Allegiant Reports December 2025 Traffic

Rhea-AI Summary

Allegiant (NASDAQ: ALGT) reported preliminary December 2025 traffic and preliminary fuel cost estimates on Jan 22, 2026. December passengers for scheduled service were 1,616,339, up 4.6% year‑over‑year, while December RPMs rose 3.4% to 1,490,748 (000). For 4Q25, passengers increased 13.3% to 4,447,973 and RPMs rose 12.0% to 4,043,244 (000). Full‑year 2025 passengers were 18,518,653, up 10.5%, and ASMs increased 12.9% to 20,679,905 (000). Estimated average fuel cost per gallon was $2.48 in December and $2.55 for full‑year 2025.

Positive

• 4Q25 passengers +13.3% to 4,447,973
• Full‑year 2025 ASMs +12.9% to 20,679,905 (000)
• Full‑year 2025 passengers +10.5% to 18,518,653

Negative

• Full‑year 2025 scheduled service load factor down 1.6 points to 82.0%

Key Figures

Dec 2025 passengers: 1,616,339 Q4 2025 passengers: 4,447,973 Full-year 2025 passengers: 18,518,653 +5 more

8 metrics

Dec 2025 passengers 1,616,339 Scheduled service vs 1,544,874 in December 2024 (+4.6%)

Q4 2025 passengers 4,447,973 Scheduled service vs 3,927,423 in Q4 2024 (+13.3%)

Full-year 2025 passengers 18,518,653 Scheduled service vs 16,765,283 in 2024 (+10.5%)

Dec 2025 load factor 81.2% Scheduled service vs 81.4% in December 2024 (‑0.2 pts)

Q4 2025 load factor 81.2% Scheduled service vs 80.2% in Q4 2024 (+1.0 pts)

Full-year 2025 load factor 82.0% Scheduled service vs 83.6% in 2024 (‑1.6 pts)

Dec 2025 fuel cost $2.48 per gallon Estimated average system fuel cost, December 2025

Full-year 2025 fuel cost $2.55 per gallon Estimated average system fuel cost, full-year 2025

Market Reality Check

Price: $88.52 Vol: Volume 390,286 is below t...

normal vol

$88.52 Last Close

Volume Volume 390,286 is below the 20-day average of 450,368, suggesting no outsized positioning ahead of this update. normal

Technical Shares at $90.33 trade 16.03% below the 52-week high of $107.57 and above the 200-day MA at $62.52.

Peers on Argus

ALGT slipped 0.31% while key peers showed mixed moves: ULCC (-3.72%), JBLU (-2.1...

ALGT slipped 0.31% while key peers showed mixed moves: ULCC (-3.72%), JBLU (-2.18%), SNCY (-1.33%), VLRS (+8.45%), FLYX (+1.87%). The mixed direction points to stock‑specific factors rather than a unified sector trend.

Historical Context

5 past events · Latest: Jan 14 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 14	Leadership promotions	Positive	+2.8%	Senior leadership promotions to support Sun Country integration planning.
Jan 11	M&A announcement	Positive	-6.3%	Agreement to acquire Sun Country in a cash‑and‑stock merger.
Dec 23	Traffic update	Positive	-2.5%	November 2025 traffic growth with higher passengers and fuel commentary.
Dec 03	Product launch	Positive	+3.1%	Launch of Altus Sol bespoke onboard wine tailored for high altitude.
Nov 26	Promotional campaign	Positive	+7.0%	Cyber Monday & Travel Tuesday fare discounts and network expansion plans.

Pattern Detected

Recent news flow mixes strategic deals, operational updates, and promotions. Traffic releases have not always produced positive reactions, while promotional and product news often coincided with stronger gains.

Recent Company History

Over the last few months, Allegiant has combined operational growth with strategic moves. A proposed combination with Sun Country and creation of an Integration Management Office marked a major structural step in Jan 2026, drawing a mixed market response. November 2025 traffic also showed solid growth but coincided with a share decline. Promotional initiatives, such as cyber‑sale discounts and onboard product launches like Altus Sol wine, aligned with more favorable price reactions, underscoring investor sensitivity to revenue and brand catalysts versus pure volume metrics.

Market Pulse Summary

This announcement details steady volume growth, with full-year scheduled passengers reaching 18.5 mi...

Analysis

This announcement details steady volume growth, with full-year scheduled passengers reaching 18.5 million and Q4 load factor at 81.2%. System metrics highlight expanding capacity alongside stable stage length and disclosed fuel costs of $2.48–$2.61 per gallon over recent periods. In context of recent M&A and prior traffic updates, key items to monitor include how this capacity translates into revenue, unit costs, and margins in upcoming financial reports.

Key Terms

revenue passenger miles, available seat miles, load factor, average stage length, +2 more

6 terms

revenue passenger miles technical

"Revenue passenger miles (000) | 1,490,748 | 1,441,734 | 3.4 %"

Revenue passenger miles measure the total distance traveled by paying passengers on a transportation service, calculated by multiplying the number of paying passengers by the miles they travel. It shows how much revenue-generating activity a transportation company is doing, helping investors assess how well the company is attracting and serving passengers. Higher revenue passenger miles typically indicate stronger demand and better financial performance.

available seat miles technical

"Available seat miles (000) | 1,835,261 | 1,771,717 | 3.6 %"

Available seat miles measure the total capacity of an airline to carry passengers, calculated by multiplying the number of seats available on all flights by the distance those flights cover. It indicates how much space an airline has to generate revenue from passenger travel. For investors, higher available seat miles generally suggest a larger operation and potential for increased earnings.

load factor technical

"Load factor | 81.2 % | 81.4 % | (0.2pts)"

Load factor is a measure of how efficiently a transportation service, such as a plane, train, or bus, fills its available seats or space over a period of time. It is calculated by dividing the actual number of passengers or usage by the total available capacity. A higher load factor indicates better utilization, which can lead to more profitable operations and is important for investors assessing the efficiency and profitability of transportation companies.

average stage length technical

"Average stage length (miles) | 897 | 912 | (1.6 %)"

Average stage length is the typical amount of time a product, drug, or project spends in a specific development or regulatory phase, calculated by averaging durations across similar projects or a portfolio. Investors use it to gauge how long it will likely take to reach key milestones, estimate future costs and cash needs, and compare program speed against peers; longer-than-expected stage lengths usually signal higher risk or delayed revenue, much like a factory line step that runs slower than planned.

fixed fee contract financial

"Total system includes scheduled service and fixed fee contract."

A fixed fee contract is an agreement where a buyer pays a set, predetermined price for a product or service regardless of the supplier’s actual costs or time spent. Like agreeing a flat price with a contractor instead of paying by the hour, it gives predictable revenue for the seller and predictable expense for the buyer; for investors, it affects profit margins and cash-flow risk because cost overruns fall on the party providing the service.

non-revenue producing repositioning flights technical

"as well as non-revenue producing repositioning flights used for operational needs."

Non-revenue producing repositioning flights are trips an airline or cargo operator makes to move an aircraft without paying passengers or freight aboard, like driving a delivery van back to the warehouse before the next job. They matter to investors because these empty moves increase operating costs and reduce aircraft utilization, which can lower profit margins and signal inefficiencies in scheduling or network planning. Tracking them helps assess how well management turns assets into revenue.

AI-generated analysis. Not financial advice.

LAS VEGAS, Jan. 22, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2025.

Scheduled Service – Year Over Year Comparison

	December 2025	December 2024	Change
Passengers	1,616,339	1,544,874	4.6 %
Revenue passenger miles (000)	1,490,748	1,441,734	3.4 %
Available seat miles (000)	1,835,261	1,771,717	3.6 %
Load factor	81.2 %	81.4 %	(0.2pts)
Departures	11,586	11,117	4.2 %
Average stage length (miles)	897	912	(1.6 %)

	4th Quarter 2025	4th Quarter 2024	Change
Passengers	4,447,973	3,927,423	13.3 %
Revenue passenger miles (000)	4,043,244	3,609,892	12.0 %
Available seat miles (000)	4,976,428	4,503,059	10.5 %
Load factor	81.2 %	80.2 %	1.0pts
Departures	31,823	28,617	11.2 %
Average stage length (miles)	885	900	(1.7 %)

	Full Year 2025	Full Year 2024	Change
Passengers	18,518,653	16,765,283	10.5 %
Revenue passenger miles (000)	16,947,654	15,303,737	10.7 %
Available seat miles (000)	20,679,905	18,314,867	12.9 %
Load factor	82.0 %	83.6 %	(1.6pts)
Departures	131,668	116,441	13.1 %
Average stage length (miles)	893	893	0.0 %

Total System* – Year Over Year Comparison

	December 2025	December 2024	Change
Passengers	1,624,448	1,555,292	4.4 %
Available seat miles (000)	1,872,354	1,811,321	3.4 %
Departures	11,869	11,452	3.6 %
Average stage length (miles)	893	905	(1.3 %)

	4th Quarter 2025	4th Quarter 2024	Change
Passengers	4,528,986	3,999,879	13.2 %
Available seat miles (000)	5,179,098	4,697,999	10.2 %
Departures	33,499	30,219	10.9 %
Average stage length (miles)	875	889	(1.6 %)

	Full Year 2025	Full Year 2024	Change
Passengers	18,737,151	16,982,836	10.3 %
Available seat miles (000)	21,369,532	18,984,711	12.6 %
Departures	137,039	121,580	12.7 %
Average stage length (miles)	887	887	0.0 %

*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 2025 estimated average fuel cost per gallon - system	$2.48
4th quarter 2025 estimated average fuel cost per gallon - system	$2.61
Full-year 2025 estimated average fuel cost per gallon - system	$2.55

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 Wilson
mediarelations@allegiantair.com		ir@allegiantair.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-reports-december-2025-traffic-302668600.html

SOURCE Allegiant Travel Company

FAQ

What were Allegiant (ALGT) December 2025 passenger results?

Scheduled service passengers were 1,616,339 in December 2025, a 4.6% increase year‑over‑year.

How did Allegiant (ALGT) perform in 4Q25 versus 4Q24 for passengers and RPMs?

4Q25 passengers were 4,447,973 (+13.3%) and RPMs were 4,043,244 (000) (+12.0%).

What were Allegiant's (ALGT) full‑year 2025 capacity and passenger changes?

Full‑year 2025 ASMs were 20,679,905 (000) (+12.9%) and passengers were 18,518,653 (+10.5%).

What is Allegiant's (ALGT) estimated average fuel cost per gallon for full‑year 2025?

Estimated average fuel cost per gallon for full‑year 2025 was $2.55.

Did Allegiant (ALGT) report any load factor changes for 2025?

Scheduled service load factor for full‑year 2025 was 82.0%, down 1.6 points versus 2024.