Allegiant Travel Might RPMs Decreases 3% By Investing.com


Allegiant Travel (ALGT) Might RPMs Decreases 3%

Allegiant Travel Business ( NASDAQ:-RRB- today reported initial traveler traffic results for Might 2023

Scheduled Service– Year Over Year Contrast

Might 2023

Might 2022

Modification

Passengers

1,405,428

1,454,779

( 3.4 %)

Income traveler miles (000 )

1,270,338

1,309,090

( 3.0 %)

Offered seat miles (000 )

1,478,396

1,512,328

( 2.2 %)

Load element

85.9 %

86.6 %

( 0.7) pts

Departures

9,489

9,779

( 3.0 %)

Typical phase length (miles)

884

879

0.6 %

Overall System * – Year Over Year Contrast

Might 2023

Might 2022

Modification

Passengers

1,417,520

1,465,823

( 3.3 %)

Offered seat miles (000 )

1,527,737

1,553,013

( 1.6 %)

Departures

9,828

10,060

( 2.3 %)

Typical phase length (miles)

881

877

0.5 %

* Overall system consists of scheduled service and repaired charge agreement. System profits traveler miles and system load element are not beneficial stats as system offered seat miles consist of both ASMs zipped repaired charge flying along with non-revenue producing rearranging flights utilized for functional requirements. Repaired charge flying is much better determined through dollar contribution versus functional stats.

Initial Financial Outcomes

$ per gallon

Might 2023 approximated typical fuel expense per gallon– system

$ 2.58

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