Allegiant Reports January 2025 Traffic
Rhea-AI Summary
Allegiant Travel Company (NASDAQ: ALGT) has released its preliminary passenger traffic results for January 2025. The Las Vegas-based integrated travel company, known for connecting small-to-medium cities with vacation destinations through all-nonstop flights, maintains base airfares at less than half the cost of average domestic roundtrip tickets.
Note: The press release does not provide specific traffic metrics or financial results despite mentioning them in the title.
Positive
- Maintains industry-low average fares
- Base airfares less than 50% of average domestic roundtrip tickets
Negative
- None.
News Market Reaction – ALGT
On the day this news was published, ALGT declined 1.42%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Scheduled Service – Year Over Year Comparison
January 2025 | January 2024 | Change | |
Passengers | 1,252,875 | 1,176,117 | 6.5 % |
Revenue passenger miles (000) | 1,202,134 | 1,119,728 | 7.4 % |
Available seat miles (000) | 1,525,018 | 1,387,038 | 9.9 % |
Load factor | 78.8 % | 80.7 % | (1.9pts) |
Departures | 9,336 | 8,546 | 9.2 % |
Average stage length (miles) | 933 | 914 | 2.1 % |
Total System* – Year Over Year Comparison
January 2025 | January 2025 | Change | |
Passengers | 1,259,945 | 1,182,748 | 6.5 % |
Available seat miles (000) | 1,566,465 | 1,423,553 | 10.0 % |
Departures | 9,674 | 8,794 | 10.0 % |
Average stage length (miles) | 925 | 912 | 1.5 % |
*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 | |
January 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 | |
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SOURCE Allegiant Travel Company
FAQ
What traffic metrics did Allegiant (ALGT) report for January 2025?
How does Allegiant's pricing compare to average domestic airfares?
What is Allegiant's (ALGT) main business model and target market?
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