Allegiant reports impressive January traffic statistics

Allegiant Travel Company ALGT has recently reported traffic numbers for January. Traffic for the total system including scheduled service and fixed fee contract, measured in revenue passenger miles, increased 9.3% on a year-over-year basis to 877.42m. System capacity, calculated in available seat miles, improved 6.1% to 1.1b. With traffic growth outpacing capacity expansion, load factor rose 240 basis points year over year to 79.9%. Allegiant’s passenger count gained 8.7% in January while its system-wide average fuel cost per gallon was approximately US$2.23 in the month. The robust traffic results were released just a few days after the company reported Q4 2017 financial numbers with better-than-expected earnings per share and revenues. <br/>
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https://finance.yahoo.com/news/allegiant-reports-impressive-january-traffic-151103556.html
2/12/18