{"id":413694,"date":"2021-01-12T21:08:20","date_gmt":"2021-01-13T02:08:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413694"},"modified":"2021-01-12T21:08:20","modified_gmt":"2021-01-13T02:08:20","slug":"allegiant-reports-december-2020-traffic","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/","title":{"rendered":"Allegiant Reports December 2020 Traffic"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n LAS VEGAS<\/span>, Jan. 12, 2021<\/span> \/PRNewswire\/ —\u00a0Allegiant Travel Company <\/b>(NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2020<\/span>.<\/p>\n

\n

\n
\n \"\"
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“As expected, the fourth quarter highlighted the divergence in strength between peak travel periods and non-peak periods,” stated Drew Wells<\/span>, 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 favorable 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.”<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n
\n Scheduled Service<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n December 2020<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n December 2019<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Passengers<\/span>\n <\/p>\n<\/td>\n

\n

\n 673,041<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,308,341<\/span>\n <\/p>\n<\/td>\n

\n

\n (48.6%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Revenue passenger miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 611,429<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,165,902<\/span>\n <\/p>\n<\/td>\n

\n

\n (47.6%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Available seat miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,128,200<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,411,107<\/span>\n <\/p>\n<\/td>\n

\n

\n (20.0%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Load factor<\/span>\n <\/p>\n<\/td>\n

\n

\n 54.2%<\/span>\n <\/p>\n<\/td>\n

\n

\n 82.6%<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (28.4pts)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Departures<\/span>\n <\/p>\n<\/td>\n

\n

\n 7,281<\/span>\n <\/p>\n<\/td>\n

\n

\n 9,423<\/span>\n <\/p>\n<\/td>\n

\n

\n (22.7%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Average stage length (miles)<\/span>\n <\/p>\n<\/td>\n

\n

\n 891<\/span>\n <\/p>\n<\/td>\n

\n

\n 871<\/span>\n <\/p>\n<\/td>\n

\n

\n 2.3%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n 4th<\/sup> Quarter 2020<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 4th<\/sup> Quarter 2019<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Passengers<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,129,292<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,516,263<\/span>\n <\/p>\n<\/td>\n

\n

\n (39.4%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Revenue passenger miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,878,831<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,073,055<\/span>\n <\/p>\n<\/td>\n

\n

\n (38.9%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Available seat miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,226,050<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,745,031<\/span>\n <\/p>\n<\/td>\n

\n

\n (13.9%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Load factor<\/span>\n <\/p>\n<\/td>\n

\n

\n 58.2%<\/span>\n <\/p>\n<\/td>\n

\n

\n 82.1%<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (23.9 pts)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Departures<\/span>\n <\/p>\n<\/td>\n

\n

\n 21,399<\/span>\n <\/p>\n<\/td>\n

\n

\n 25,541<\/span>\n <\/p>\n<\/td>\n

\n

\n (16.2%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Average stage length (miles)<\/span>\n <\/p>\n<\/td>\n

\n

\n 868<\/span>\n <\/p>\n<\/td>\n

\n

\n 856<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.4%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n YTD 2020<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n YTD 2019<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Passengers<\/span>\n <\/p>\n<\/td>\n

\n

\n 8,553,623<\/span>\n <\/p>\n<\/td>\n

\n

\n 14,823,267<\/span>\n <\/p>\n<\/td>\n

\n

\n (42.3%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Revenue passenger miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 7,626,470<\/span>\n <\/p>\n<\/td>\n

\n

\n 13,038,003<\/span>\n <\/p>\n<\/td>\n

\n

\n (41.5%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Available seat miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 12,814,080<\/span>\n <\/p>\n<\/td>\n

\n

\n 15,545,818<\/span>\n <\/p>\n<\/td>\n

\n

\n (17.6%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Load factor<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.5%<\/span>\n <\/p>\n<\/td>\n

\n

\n 83.9%<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (24.4 pts)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Departures<\/span>\n <\/p>\n<\/td>\n

\n

\n 85,276<\/span>\n <\/p>\n<\/td>\n

\n

\n 105,690<\/span>\n <\/p>\n<\/td>\n

\n

\n (19.3%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Average stage length (miles)<\/span>\n <\/p>\n<\/td>\n

\n

\n 867<\/span>\n <\/p>\n<\/td>\n

\n

\n 859<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.9%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n
\n Total System<\/u>
\n <\/b>
\n *<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n December 2020<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n December 2019<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Passengers<\/span>\n <\/p>\n<\/td>\n

\n

\n 679,424<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,318,872<\/span>\n <\/p>\n<\/td>\n

\n

\n (48.5%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Available seat miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,147,534<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,453,592<\/span>\n <\/p>\n<\/td>\n

\n

\n (21.1%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Departures<\/span>\n <\/p>\n<\/td>\n

\n

\n 7,471<\/span>\n <\/p>\n<\/td>\n

\n

\n 9,742<\/span>\n <\/p>\n<\/td>\n

\n

\n (23.3%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Average stage length (miles)<\/span>\n <\/p>\n<\/td>\n

\n

\n 883<\/span>\n <\/p>\n<\/td>\n

\n

\n 868<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.7%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n 4th<\/sup> Quarter 2020<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 4th<\/sup> Quarter 2019<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Passengers<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,159,035<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,585,966<\/span>\n <\/p>\n<\/td>\n

\n

\n (39.8%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Available seat miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,315,599<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,928,536<\/span>\n <\/p>\n<\/td>\n

\n

\n (15.6%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Departures<\/span>\n <\/p>\n<\/td>\n

\n

\n 22,189<\/span>\n <\/p>\n<\/td>\n

\n

\n 27,088<\/span>\n <\/p>\n<\/td>\n

\n

\n (18.1%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Average stage length (miles)<\/span>\n <\/p>\n<\/td>\n

\n

\n 860<\/span>\n <\/p>\n<\/td>\n

\n

\n 846<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.7%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n YTD 2020<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n YTD 2019<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Passengers<\/span>\n <\/p>\n<\/td>\n

\n

\n 8,623,984<\/span>\n <\/p>\n<\/td>\n

\n

\n 15,012,149<\/span>\n <\/p>\n<\/td>\n

\n

\n (42.6%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Available seat miles (000)<\/span>\n <\/p>\n<\/td>\n

\n

\n 13,125,533<\/span>\n <\/p>\n<\/td>\n

\n

\n 16,174,240<\/span>\n <\/p>\n<\/td>\n

\n

\n (18.8%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Departures<\/span>\n <\/p>\n<\/td>\n

\n

\n 87,955<\/span>\n <\/p>\n<\/td>\n

\n

\n 110,542<\/span>\n <\/p>\n<\/td>\n

\n

\n (20.4%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Average stage length (miles)<\/span>\n <\/p>\n<\/td>\n

\n

\n 862<\/span>\n <\/p>\n<\/td>\n

\n

\n 855<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.8%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n *Total system includes scheduled service and fixed fee contract.\u00a0 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.\u00a0 Fixed fee flying is better measured through dollar contribution versus operational statistics.<\/i>\n <\/p>\n

\n\n\n\n\n\n\n\n\n
\n

\n
\n
\n Preliminary Financial Results<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n $ per gallon<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n December 2020 estimated average fuel cost per gallon \u2013 system<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.56<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n $ per gallon<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4th<\/sup> quarter 2020 estimated average fuel cost per gallon \u2013 system<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.41<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Allegiant Travel Company<\/b>\n <\/p>\n

\n Las Vegas<\/span>-based Allegiant (NASDAQ: ALGT) 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 travelers in small-to-medium cities to world-class vacation destinations\u00a0with all-nonstop flights and industry-low average fares. Today, Allegiant’s all-Airbus fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at\u00a0Allegiant.com. Media information, including photos, is available at\u00a0http:\/\/gofly.us\/iiFa303wrtF<\/a><\/p>\n

\n
\n ALGT\/G<\/b>
\n <\/i>\n <\/p>\n

\n Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.<\/i>\n <\/p>\n

\n For further information please visit the company’s investor website: <\/i>
\n http:\/\/ir.allegiantair.com<\/a>\n <\/p>\n

\n Reference to the Company’s website above does not constitute incorporation of any of the information thereon into this news release.<\/i>\n <\/p>\n

\n\n\n\n\n
\n

\n
\n Allegiant Media Contact:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n Investor Inquiries:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Hilarie Grey<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Sherry Wilson<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n email: mediarelations@allegiantair.com<\/a><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n email: ir@allegiantair.com<\/a><\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/allegiant-reports-december-2020-traffic-301207069.html<\/a><\/p>\n

SOURCE Allegiant Travel Company<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire LAS VEGAS, Jan. 12, 2021 \/PRNewswire\/ —\u00a0Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2020. “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 favorable forward booking trends as flight volumes begin to pick … <\/p>\n

Continue reading “Allegiant Reports December 2020 Traffic”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-413694","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAllegiant Reports December 2020 Traffic - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allegiant Reports December 2020 Traffic - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LAS VEGAS, Jan. 12, 2021 \/PRNewswire\/ —\u00a0Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2020. “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 favorable forward booking trends as flight volumes begin to pick … Continue reading "Allegiant Reports December 2020 Traffic"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T02:08:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/486546\/Allegiant_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-december-2020-traffic\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-december-2020-traffic\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Allegiant Reports December 2020 Traffic\",\"datePublished\":\"2021-01-13T02:08:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-december-2020-traffic\\\/\"},\"wordCount\":532,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-december-2020-traffic\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/486546\\\/Allegiant_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-december-2020-traffic\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-december-2020-traffic\\\/\",\"name\":\"Allegiant Reports December 2020 Traffic - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/","og_locale":"en_US","og_type":"article","og_title":"Allegiant Reports December 2020 Traffic - Market Newsdesk","og_description":"PR Newswire LAS VEGAS, Jan. 12, 2021 \/PRNewswire\/ —\u00a0Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2020. “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 favorable forward booking trends as flight volumes begin to pick … Continue reading \"Allegiant Reports December 2020 Traffic\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-13T02:08:20+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/486546\/Allegiant_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Allegiant Reports December 2020 Traffic","datePublished":"2021-01-13T02:08:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/"},"wordCount":532,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/486546\/Allegiant_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-december-2020-traffic\/","name":"Allegiant Reports December 2020 Traffic - 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