Allegiant Travel reports increasing capacity trend

• Allegiant Travel (NASDAQ:ALGT) reports revenue passenger miles increased 9.8% to 579.49M in November.
• The carrier increased its load factor by 110 bps to 85.6% as it flew 13% more passengers than a year ago.
• Guidance: Allegiant sees a 11%-13% increase in departures in Q4 and 9%-11% boost in available seat miles.