Las Vegas-based Allegiant Air, LLC, a wholly owned subsidiary of Allegiant Travel Co. (ALGT ) Tuesday said its total system traffic and capacity increased for December. Load factor for the total system that includes scheduled service, fixed fee contract and non-revenue flying was up 2.3 percentage points.
Allegiant Travel's total system December traffic increased 19.2% to 422.95 million revenue passenger miles or RPMs from 354.71 million RPMs in the comparable period last year. Capacity rose 16% to 480.94 million available seat miles or ASMs from 414.57 million ASMs in the corresponding period last year. Load factor increased 2.3 percentage points to 87.9% from 85.6% in the year-earlier period.
For the fourth quarter, total system traffic surged 24.2% to 1.12 billion RPMs from 905.6 million RPMs in the prior-year quarter. Capacity rose 23.9% to 1.30 billion ASMs from 1.05 billion ASMs while load factor, edged up 0.2 points to 86.7% from 86.5% in the same quarter of the previous year.
For the full year, total system traffic increased 23.3% to 4.76 billion RPMs from 3.86 billion RPMs last year. Capacity for the period jumped 22.7% to 5.45 billion ASMs from 4.44 billion recorded in the previous year. Load factor for the year was 87.4%, up 0.4 percentage points from 87% last year period.
Allegiant's' scheduled service traffic for December grew 18.6% to 406.24 million RPMs from 342.62 million RPMs in the comparable period last year. Capacity rose 16.1% to 448.4 million ASMs from 386.1 million ASMs a year ago. Load factor increased 1.9 percentage points to 90.6% from 88.7% a year earlier.
The company's scheduled service traffic for the fourth quarter increased 25.4% to 1.053 billion RPMs from 839.6 million RPMs in the same period last year. Capacity rose 24.7% to 1.167 billion ASMs from 935.7 million ASMs in the corresponding period of the previous year. Load factor edged up 0.5 points to 90.2% from 89.7% in the same period last year.
Allegiant said scheduled service traffic for 2009 rose 28.1% to 4.48 billion RPMs from 3.50 billion RPMs last year. Capacity rose 27.4% to 4.95 billion ASMs from 3.89 billion ASMs in the previous year. Load factor increased 0.5 points to 90.4% from 89.9% a year earlier.
ALGT is currently up $0.37 or 0.77% and trades at $48.38
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