{"id":474365,"date":"2021-04-09T15:42:11","date_gmt":"2021-04-09T19:42:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474365"},"modified":"2021-04-09T15:42:11","modified_gmt":"2021-04-09T19:42:11","slug":"allegiant-reports-march-2021-traffic","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-march-2021-traffic\/","title":{"rendered":"Allegiant Reports March 2021 Traffic"},"content":{"rendered":"
\n

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

\n

\n LAS VEGAS<\/span>, April 9, 2021<\/span> \/PRNewswire\/ —\u00a0Allegiant Travel Company <\/b>(NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2021<\/span> as well as first quarter 2021.<\/p>\n

\n

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

“We are encouraged by the meaningful improvement in customer demand throughout the month of March,” stated Gregory Anderson<\/span>, executive vice president and chief financial officer. “Average daily bookings for the month exceeded average daily bookings during the same time period in 2019. The significant improvement in March demand coupled with our industry-leading cost structure enabled us to generate positive EPS and EBITDA for the month of March, excluding the benefit from the payroll support grant. For the March quarter, we expect adjusted1<\/sup> CASM, excluding fuel, to be down 3 to 4 percent, year over two-year.”<\/p>\n

“Capacity was up roughly three percent, when compared to 2019, with March capacity up 14 percent,” stated Drew Wells<\/span>, senior vice president, revenue. “Although this caused some load pressure, our focus remains on generating positive cash flows and optimizing profits. We continue to expect first quarter total revenue to fall in the middle of our previous guide of down 35 to 40 percent, when compared with 2019. We remain optimistic about peak summer travel. With national vaccination rates steadily increasing and average daily bookings trending in the right direction, we expect sequential revenue improvements into the second quarter.”<\/p>\n

\n 1<\/sup> Adjusted to exclude the impact of the payroll support grant.<\/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 Scheduled Service \u2013 Year Over Two-Year Comparison<\/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 March 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n March 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 1,095,572<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,484,326<\/span>\n <\/p>\n<\/td>\n

\n

\n (26.2%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 1,022,480<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,386,501<\/span>\n <\/p>\n<\/td>\n

\n

\n (26.3%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 1,832,250<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,610,575<\/span>\n <\/p>\n<\/td>\n

\n

\n 13.8%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 55.8%<\/span>\n <\/p>\n<\/td>\n

\n

\n 86.1%<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (30.3 pts)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 11,710<\/span>\n <\/p>\n<\/td>\n

\n

\n 10,297<\/span>\n <\/p>\n<\/td>\n

\n

\n 13.7%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 899<\/span>\n <\/p>\n<\/td>\n

\n

\n 914<\/span>\n <\/p>\n<\/td>\n

\n

\n (1.6%)<\/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 1st<\/sup> Quarter 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1st<\/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 2,323,302<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,421,538<\/span>\n <\/p>\n<\/td>\n

\n

\n (32.1%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 2,166,417<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,191,045<\/span>\n <\/p>\n<\/td>\n

\n

\n (32.1%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 3,921,090<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,802,132<\/span>\n <\/p>\n<\/td>\n

\n

\n 3.1%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 55.3%<\/span>\n <\/p>\n<\/td>\n

\n

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

\n

\n
\n (28.6pts)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 24,947<\/span>\n <\/p>\n<\/td>\n

\n

\n 24,344<\/span>\n <\/p>\n<\/td>\n

\n

\n 2.5%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 902<\/span>\n <\/p>\n<\/td>\n

\n

\n 908<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.7%)<\/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 Total System* – Year Over Two-Year Comparison<\/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 March 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n March 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 1,102,869<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,499,688<\/span>\n <\/p>\n<\/td>\n

\n

\n (26.5%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 1,884,130<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,655,330<\/span>\n <\/p>\n<\/td>\n

\n

\n 13.8%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 12,144<\/span>\n <\/p>\n<\/td>\n

\n

\n 10,660<\/span>\n <\/p>\n<\/td>\n

\n

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

\n

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

\n

\n 892<\/span>\n <\/p>\n<\/td>\n

\n

\n 908<\/span>\n <\/p>\n<\/td>\n

\n

\n (1.8%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

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

\n
\n 1st<\/sup> Quarter 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1st<\/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 2,334,503<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,450,278<\/span>\n <\/p>\n<\/td>\n

\n

\n (32.3%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 4,013,989<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,910,239<\/span>\n <\/p>\n<\/td>\n

\n

\n 2.7%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 25,684<\/span>\n <\/p>\n<\/td>\n

\n

\n 25,200<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.9%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 898<\/span>\n <\/p>\n<\/td>\n

\n

\n 904<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.7%)<\/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 Scheduled Service \u2013 Year Over Year Comparison <\/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 March 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n March 2020<\/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 1,095,572<\/span>\n <\/p>\n<\/td>\n

\n

\n 892,966<\/span>\n <\/p>\n<\/td>\n

\n

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

\n

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

\n

\n 1,022,480<\/span>\n <\/p>\n<\/td>\n

\n

\n 839,766<\/span>\n <\/p>\n<\/td>\n

\n

\n 21.8%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 1,832,250<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,413,348<\/span>\n <\/p>\n<\/td>\n

\n

\n 29.6%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 55.8%<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.4%<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (3.6 pts)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 11,710<\/span>\n <\/p>\n<\/td>\n

\n

\n 8,926<\/span>\n <\/p>\n<\/td>\n

\n

\n 31.2%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 899<\/span>\n <\/p>\n<\/td>\n

\n

\n 914<\/span>\n <\/p>\n<\/td>\n

\n

\n (1.6%)<\/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 1st<\/sup> Quarter 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1st<\/sup> Quarter 2020<\/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 2,323,302<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,154,606<\/span>\n <\/p>\n<\/td>\n

\n

\n (26.4%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 2,166,417<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,925,482<\/span>\n <\/p>\n<\/td>\n

\n

\n (25.9%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 3,921,090<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,964,009<\/span>\n <\/p>\n<\/td>\n

\n

\n (1.1%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 55.3%<\/span>\n <\/p>\n<\/td>\n

\n

\n 73.8%<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (18.5pts)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 24,947<\/span>\n <\/p>\n<\/td>\n

\n

\n 25,484<\/span>\n <\/p>\n<\/td>\n

\n

\n (2.1%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 902<\/span>\n <\/p>\n<\/td>\n

\n

\n 900<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.2%<\/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 Total System* – Year Over Year Comparison<\/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 March 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n March 2020<\/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 1,102,869<\/span>\n <\/p>\n<\/td>\n

\n

\n 898,986<\/span>\n <\/p>\n<\/td>\n

\n

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

\n

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

\n

\n 1,884,130<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,441,144<\/span>\n <\/p>\n<\/td>\n

\n

\n 30.7%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 12,144<\/span>\n <\/p>\n<\/td>\n

\n

\n 9,172<\/span>\n <\/p>\n<\/td>\n

\n

\n 32.4%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 892<\/span>\n <\/p>\n<\/td>\n

\n

\n 908<\/span>\n <\/p>\n

\u00a0<\/p>\n<\/td>\n

\n

\n (1.8%)<\/span>\n <\/p>\n

\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

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

\n
\n 1st<\/sup> Quarter 2021<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1st<\/sup> Quarter 2020<\/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 2,334,503<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,175,450<\/span>\n <\/p>\n<\/td>\n

\n

\n (26.5%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 4,013,989<\/span>\n <\/p>\n<\/td>\n

\n

\n 4,067,671<\/span>\n <\/p>\n<\/td>\n

\n

\n (1.3%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 25,684<\/span>\n <\/p>\n<\/td>\n

\n

\n 26,312<\/span>\n <\/p>\n<\/td>\n

\n

\n (2.4%)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

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

\n

\n 898<\/span>\n <\/p>\n<\/td>\n

\n

\n 895<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.3%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\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

\u00a0<\/p>\n

\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 March 2021 estimated average fuel cost per gallon \u2013 system<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.99<\/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 1st quarter 2021 estimated average fuel cost per gallon \u2013 system<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.86<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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

<\/p>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/allegiant-reports-march-2021-traffic-301266044.html<\/a><\/p>\n

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

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

PR Newswire LAS VEGAS, April 9, 2021 \/PRNewswire\/ —\u00a0Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2021 as well as first quarter 2021. “We are encouraged by the meaningful improvement in customer demand throughout the month of March,” stated Gregory Anderson, executive vice president and chief financial officer. “Average daily bookings for the month exceeded average daily bookings during the same time period in 2019. The significant improvement in March demand coupled with our industry-leading cost structure enabled us to generate positive EPS and EBITDA for the month of March, excluding the benefit from the payroll support grant. For the March quarter, we expect adjusted1 CASM, excluding fuel, to be down 3 to 4 percent, … <\/p>\n

Continue reading “Allegiant Reports March 2021 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-474365","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAllegiant Reports March 2021 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-march-2021-traffic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allegiant Reports March 2021 Traffic - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LAS VEGAS, April 9, 2021 \/PRNewswire\/ —\u00a0Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2021 as well as first quarter 2021. “We are encouraged by the meaningful improvement in customer demand throughout the month of March,” stated Gregory Anderson, executive vice president and chief financial officer. “Average daily bookings for the month exceeded average daily bookings during the same time period in 2019. The significant improvement in March demand coupled with our industry-leading cost structure enabled us to generate positive EPS and EBITDA for the month of March, excluding the benefit from the payroll support grant. For the March quarter, we expect adjusted1 CASM, excluding fuel, to be down 3 to 4 percent, … Continue reading "Allegiant Reports March 2021 Traffic"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegiant-reports-march-2021-traffic\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-09T19:42:11+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-march-2021-traffic\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-march-2021-traffic\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Allegiant Reports March 2021 Traffic\",\"datePublished\":\"2021-04-09T19:42:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-march-2021-traffic\\\/\"},\"wordCount\":664,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-march-2021-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-march-2021-traffic\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegiant-reports-march-2021-traffic\\\/\",\"name\":\"Allegiant Reports March 2021 Traffic - 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