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Allegiant Travel reports December and Q4 traffic

Jan. 10, 2017 6:03 AM ETAllegiant Travel Company (ALGT) StockBy: Niloofer Shaikh, SA News Editor1 Comment
  • Allegiant Travel (NASDAQ:ALGT) reports revenue passenger miles rose 10.3% in December to 888.44M and for Q4 +11.2% to 2.45B.
  • Capacity was up 13.8% Y/Y in December to 1.13B and for the quarter +13.3% to $3.07B available seat miles.
  • December load factor -250 bps to 78.8%.
  • Q4 load factor declined 170 bps to 79.8%
  • Average stage length for December -4.2% to 887 miles.
  • The company expects Q1 capacity to rise 10% to 14% and Q2 to be up in the range of 11% to 15%.
  • Press release

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