Earlier this week saw Las Vegas-based carrier Allegiant handle 1.9m passengers in July 2023, with there being nominal difference compared to the same period last year.
Below is the carrier’s breakdown for this:
|July 2023||July 2022||Change|
|Revenue passenger miles (000)||1,711,901||1,712,627||0.0 %|
|Available seat miles (000)||1,877,266||1,892,609||(0.8 %)|
|Load factor||91.2 %||90.5 %||0.7 pts|
|Average stage length (miles)||831||866||(4.0 %)|
What Does Las Vegas-based Allegiant’s Numbers Show Us?
Numbers for Allegiant Air have remained pretty much the same, with the only larger percentage coming from the number of departures that have taken place.
In the carrier’s second-quarter results, which was unveiled at the start of August, showed a positive operating income of $133.4m from revenues of $683.8m.
John Redmond, the CEO of the carrier had this to say at the time in Las Vegas:
“These outstanding results are attributable to the hard work of our team members during this peak summer travel period.”
“The team delivered industry-leading operational performance with a controllable completion of 99.7 percent for the quarter”.
“As we head into the second half of the year, our focus remains on three primary objectives. First, we will make progress on outstanding labor contracts that our team members are proud to support.”
“Second, we will continue delivering a solid operation. Finally, we are only a few short months from the long awaited opening of our world-class, Sunseeker Resort, in Port Charlotte, Florida.”
“Construction is entering the final stages, and the operations teams are beginning to hire personnel in earnest. We remain on track to open the property mid-October.
“I could not be happier with the success the team delivered this quarter. Achieving industry-leading operational performance in the backdrop of a challenging operational environment is admirable.”
“This operational success has been the catalyst for the strong financial performance delivered year-to-date.”
What remains clear is that despite passenger traffic numbers being nominal, Allegiant Air is performing well on the financial front.