Allegiant Reports November 2018 Traffic

Allegiant Travel Company (NASDAQ: ALGT) yesterday reported preliminary passenger traffic results for November 2018. 

Scheduled Service

November 2018

November 2017

Change

Passengers

1,063,227

961,225

10.6%

Revenue passenger miles (000)

947,501

862,158

9.9%

Available seat miles (000)

1,149,052

1,028,881

11.7%

Load factor

82.5%

83.8%

(1.3) pts

Departures

7,692

6,940

10.8%

Average stage length (miles)

872

881

(1.0%)

Total System*

November 2018

November 2017

Change

Passengers

1,086,516

977,891

11.1%

Revenue passenger miles (000)

967,879

879,464

10.1%

Available seat miles (000)

1,210,188

1,079,028

12.2%

Load factor

80.0%

81.5%

(1.5) pts

Departures

8,204

7,355

11.5%

Average stage length (miles)

862

872

(1.1%)

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results

$ per gallon

November 2018 estimated average fuel cost per gallon – system

$2.39