46% fall in passenger numbers for budget airline Allegiant

The U.S. ultra-low-cost carrier, Allegiant has reported its latest traffic results for last month, which predictably saw a drop in passenger numbers.  "As expected, the fourth quarter highlighted the divergence in strength between peak travel periods and non-peak periods," stated Drew Wells, vice president of revenue. 

"Demand remained soft throughout much of December before accelerating during the peak holiday travel period at the end of the month. Load factors during the peak period came in at nearly 60 percent, which aided in completing the quarter with a load factor of 58.2 percent, the best since the onset of the pandemic. Over the last several weeks, we have been encouraged by favourable forward booking trends as flight volumes begin to pick up mid-February and into peak Spring Break travel. We remain cognizant that the situation is fluid and will continue to manage capacity to meet the changing demand environment."

Scheduled Service
	December 2020	December 2019	Change
Passengers	673,041	1,308,341	(48.6%)
Revenue passenger miles (000)	611,429	1,165,902	(47.6%)
Available seat miles (000)	1,128,200	1,411,107	(20.0%)
Load factor	54.2%	82.6%	(28.4pts)
Departures	7,281	9,423	(22.7%)
Average stage length (miles)	891	871	2.3%
	4th Quarter 2020	4th Quarter 2019	Change
Passengers	2,129,292	3,516,263	(39.4%)
Revenue passenger miles (000)	1,878,831	3,073,055	(38.9%)
Available seat miles (000)	3,226,050	3,745,031	(13.9%)
Load factor	58.2%	82.1%	(23.9 pts)
Departures	21,399	25,541	(16.2%)
Average stage length (miles)	868	856	1.4%
	YTD 2020	YTD 2019	Change
Passengers	8,553,623	14,823,267	(42.3%)
Revenue passenger miles (000)	7,626,470	13,038,003	(41.5%)
Available seat miles (000)	12,814,080	15,545,818	(17.6%)
Load factor	59.5%	83.9%	(24.4 pts)
Departures	85,276	105,690	(19.3%)
Average stage length (miles)	867	859	0.9%

 

Total System*
	December 2020	December 2019	Change
Passengers	679,424	1,318,872	(48.5%)
Available seat miles (000)	1,147,534	1,453,592	(21.1%)
Departures	7,471	9,742	(23.3%)
Average stage length (miles)	883	868	1.7%
	4th Quarter 2020	4th Quarter 2019	Change
Passengers	2,159,035	3,585,966	(39.8%)
Available seat miles (000)	3,315,599	3,928,536	(15.6%)
Departures	22,189	27,088	(18.1%)
Average stage length (miles)	860	846	1.7%
	YTD 2020	YTD 2019	Change
Passengers	8,623,984	15,012,149	(42.6%)
Available seat miles (000)	13,125,533	16,174,240	(18.8%)
Departures	87,955	110,542	(20.4%)
Average stage length (miles)	862	855	0.8%

*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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