Allegiant Air, LLC, a wholly-owned subsidiary of Allegiant Travel Co. (ALGT) Tuesday reported a rise in traffic for October, compared to the same month last year. Total system traffic for the month increased 31.1% on a 34.2% capacity rise. Total system load factor, however, declined 2.0 points to 85.3%.
The Las Vegas-based company's monthly system traffic was 325.09 million revenue passenger miles or RPMs, up 31.1% from 248.04 million RPMs in the comparable month last year. System capacity rose 34.2% to 381.16 million available seat miles or ASMs from 284.12 million ASMs in the previous year. System load factor declined 2.0 points to 85.3% from 87.3%.
Total passengers boarded for October increased 28.9% to 359,084 from 278,497 a year ago. Total departures were 3,079, up 31.0% from 2,351 last year. Average stage length rose 2.0% to 832 miles from 816 miles in the previous year.
Total system results include scheduled service, fixed fee contract and non-revenue flying.
As per scheduled service, October traffic rose 36.4% to 296.33 million RPMs on a 38.9% capacity rise to 330.90 million ASMs. Load factor declined 1.6 points to 89.6% from the previous year. Total passengers boarded increased 31.3% to 319,980 from last year.
ALGT is currently trading at $39.26, up 0.35 or 0.91%, on a volume of 319K shares on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.