Saturday, 12 December 2020

Allegiant's November Results

The Las Vegas based Allegiant Travel Company has reported its preliminary passenger traffic results for November 2020.

"Over the course of the last several weeks, we have seen a deceleration of bookings coupled with an increase in cancellations related to recent surges in COVID-19 cases and new travel restrictions," stated Drew Wells, vice president of revenue. "Average daily bookings were roughly $3 million during the month of October, whereas November daily bookings averaged roughly $2.2 million. 

There continues to be a divergence in terms of strength between peak travel periods and non-peak periods, with peak days showing far more resiliency, a trend expected to hold through the Christmas holiday. We continue to approach demand as we have since the onset of the pandemic by maintaining a wide selling presence and cutting capacity as dictated by demand trends. Despite recent booking weakness, fourth quarter capacity reductions are still expected to be roughly 15 percent as compared with prior year."     



Scheduled Service



November 2020

November 2019

Change

Passengers

682,976

1,101,346

(38.0%)

Revenue passenger miles (000)

596,377

962,614

(38.0%)

Available seat miles (000)

1,034,482

1,197,831

(13.6%)

Load factor

57.6%

80.4%

(22.8pts)

Departures

6,940

8,189

(15.3%)

Average stage length (miles)

861

857

0.5%


Total System*



November 2020

November 2019

Change

Passengers

692,327

1,129,065

(38.7%)

Available seat miles (000)

1,065,731

1,255,381

(15.1%)

Departures

7,201

8,739

(17.6%)

Average stage length (miles)

854

841

1.5%

*Total system includes scheduled service and fixed fee contract.  System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs.  Fixed fee flying is better measured through dollar contribution versus operational statistics.


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