ALGT - Allegiant Travel Company reports rise in passengers traffic & capacity for November vs. pre-pandemic levels

• Allegiant Travel Company ( NASDAQ: ALGT ) reported an increase of 8.4% in its November level of passengers to 1.19M, compared to the pre-pandemic November 2019 level of 1.10M.
• The November revenue passenger miles stood at 1.09B, up 13.7% from 962.61M in November 2019.
• ALGT posted preliminary numbers that showed it flew 1.22M total system passengers in November compared to 1.12M in November 2019.
• ALGT said November preliminary traffic, or revenue passenger miles, for scheduled service rose 0.5% from November 2019 to 1.09B.
• ALGT's November preliminary capacity, or available seat miles, for total system gained 6.9% November 2019 to 1.34B.
• Scheduled service load factor for November was 86.0%, compared to 80.4% for November 2019.
• The estimated average fuel cost per gallon for the month stood at $3.71.
• Shares are down 3.22% on Tuesday.

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