Allegiant Reports November 2015 Traffic

Published on : Saturday, December 5, 2015

AllegiantAllegiant Travel Company today reported preliminary passenger traffic results for November 2015.

 

“Our November TRASM underperformed our expectation that was set in October,” stated Jude Bricker, Senior Vice President of Planning. “While peak demand is holding firm, the significant amount of off peak flying in the beginning of December is causing us to lower our fourth quarter TRASM forecast to between negative 11 percent and negative 10 percent. This is down from our previous forecast of negative 10.5 percent to negative 8.5 percent.”

Scheduled Service

November 2015 November 2014 Change
Passengers 756,443 616,038 22.8 %
Revenue passenger miles (000) 705,192 579,487 21.7 %
Available seat miles (000) 854,920 676,756 26.3 %
Load factor 82.5 % 85.6 % (3.1) pts
Departures 5,514 4,330 27.3 %
Average stage length (miles) 912 917 (0.5 )%

Total System *

November 2015 November 2014 Change
Passengers 772,567 631,183 22.4 %
Revenue passenger miles (000) 719,464 593,400 21.2 %
Available seat miles (000) 887,178 702,993 26.2 %
Load factor 81.1 % 84.4 % (3.3) pts
Departures 5,837 4,566 27.8 %
Average stage length (miles) 894 903 (1.0 )%

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results

Change
October 2015 actual year-over-year
Scheduled total revenue per scheduled ASM (TRASM) change (11.0%)
November 2015 estimated year-over-year TRASM change (8.1%) to (7.7%)
$ per gallon
November 2015 estimated average fuel cost per gallon – system $1.65
November 2015 estimated average fuel cost per gallon – scheduled $1.66

Guidance

Capacity guidance, subject to revision  Year over Year Growth
Departures ASMs
December 2015
Scheduled +19% +21%
4th Quarter 2015
System +24 to 26% +24 to 26%
Scheduled +24 to 26% +24 to 26%
1st Quarter 2016
System +14 to 18% +15 to 19%
Scheduled +14 to 18% +15 to 19%

 

ASMs – Available seat miles

 

Allegiant, Travel is our deal.®

 

Las Vegas-based Allegiant Travel Company is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets.

 

 
Source:- Allegiant

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