Monday, 15 March 2021

Passenger numbers down by more than 40% for Allegiant in February.



The Las Vegas-based Allegiant is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. 

Since 1999, Allegiant Air has linked travellers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares and last week it released its latest figures for February.

With passenger numbers down by over 40 percent year on year the carrier has been adversely affected by the pandemic and the lack of demand, however, there are signs of a slight recovery according to Drew Wells, the firm's senior vice president, revenue. He said "Over the last month, we have been pleased to see a moderate increase in travel demand, - We met the increase in demand with increased supply, with February ASMs up roughly 6 percent from February of 2019, focusing on total revenue and profitability rather than unit metrics like load factor. We expect first quarter total revenue to be down between 35 and 40 percent on a year over two-year basis, a significant improvement over the fourth quarter. First quarter capacity is expected to be up between 2.0 and 4.5 percent, when compared to the first quarter of 2019, but we will continue to refine as dictated by demand."

Scheduled Service


February 2021

February 2020

Change

Passengers

679,906

1,200,606

(43.4%)

Revenue passenger miles (000)

636,119

1,120,943

(43.3%)

Available seat miles (000)

1,203,720

1,370,619

(12.2%)

Load factor

52.8%

81.8%

(29.0pts)

Departures

7,630

8,784

(13.1%)

Average stage length (miles)

907

902

0.6%

 

 

                                                                        Total System*


February 2021

February 2020

Change

Passengers

680,930

1,207,325

(43.6%)

Available seat miles (000)

1,223,407

1,405,458

(13.0%)

Departures

7,783

9,059

(14.1%)

Average stage length (miles)

904

898

0.7%

 

*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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