Allegiant Reports May 2019 Traffic

Allegiant Travel Company (NASDAQ: ALGT) yesterday reported preliminary passenger traffic results for May 2019. 

Scheduled Service

May 2019

May 2018

Change

Passengers

1,269,429

1,133,599

12.0%

Revenue passenger miles (000)

1,093,781

995,192

9.9%

Available seat miles (000)

1,308,911

1,179,685

11.0%

Load factor

83.6%

84.4%

(0.8) pts

Departures

9,086

8,109

12.0%

Average stage length (miles)

843

860

(2.0%)

Total System*

May 2019

May 2018

Change

Passengers

1,281,742

1,141,632

12.3%

Revenue passenger miles (000)

1,110,438

1,006,499

10.3%

Available seat miles (000)

1,357,963

1,226,913

10.7%

Load factor

81.8%

82.0%

(0.2) pts

Departures

9,416

8,473

11.1%

Average stage length (miles)

844

857

(1.5%)

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results

$ per gallon

May 2019 estimated average fuel cost per gallon – system

$2.32