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Allegiant Reports December 2024 Traffic

1. December 2024 passenger traffic rose by 13.9% year-over-year. 2. 4th quarter passengers decreased by 3.5% compared to the previous year. 3. Full year 2024 saw a 2.2% decline in passenger numbers. 4. Estimated average fuel cost per gallon in December is $2.47. 5. Load factor decreased slightly in December, indicating potential inefficiencies.

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FAQ

Why Neutral?

The strong December traffic is positive, but overall yearly decline is concerning.

How important is it?

Key metrics like passenger traffic and fuel costs impact ALGT's operational efficiency.

Why Short Term?

The December traffic increase may not offset the declines throughout 2024.

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UALDALLUV
, /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2024. Scheduled Service – Year Over Year Comparison December 2024 December 2023 Change Passengers 1,544,874 1,356,025 13.9 % Revenue passenger miles (000) 1,441,734 1,255,868 14.8 % Available seat miles (000) 1,771,717 1,521,846 16.4 % Load factor 81.4 % 82.5 % (1.1pts) Departures 11,117 9,527 16.7 % Average stage length (miles) 912 903 1.0 % 4th Quarter 2024 4th Quarter 2023 Change Passengers 3,927,423 4,067,855 (3.5 %) Revenue passenger miles (000) 3,609,892 3,691,343 (2.2 %) Available seat miles (000) 4,503,059 4,429,826 1.7 % Load factor 80.2 % 83.3 %  (3.1pts) Departures 28,617 28,244 1.3 % Average stage length (miles) 900 887 1.5 % Full Year 2024 Full Year 2023 Change Passengers 16,765,283 17,143,870 (2.2 %) Revenue passenger miles (000) 15,303,737 15,639,329 (2.1 %) Available seat miles (000) 18,314,867 18,208,820 0.6 % Load factor 83.6 % 85.9 %  (2.3pts) Departures 116,441 116,044 0.3 % Average stage length (miles) 893 888 0.6 % Total System* – Year Over Year Comparison December 2024 December 2023 Change Passengers 1,555,292 1,369,293 13.6 % Available seat miles (000) 1,811,321 1,566,296 15.6 % Departures 11,452 9,868 16.1 % Average stage length (miles) 905 897 0.9 % 4th Quarter 2024 4th Quarter 2023 Change Passengers 3,999,879 4,145,771 (3.5 %) Available seat miles (000) 4,697,999 4,607,174 2.0 % Departures 30,219 29,733 1.6 % Average stage length (miles) 889 876 1.5 % Full Year 2024 Full Year 2023 Change Passengers 16,982,836 17,342,236 (2.1 %) Available seat miles (000) 18,984,711 18,772,110 1.1 % Departures 121,580 120,525 0.9 % Average stage length (miles) 887 882 0.6 % *Total system includes scheduled service and fixed fee contract. 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. Fixed fee flying is better measured through dollar contribution versus operational statistics. Preliminary Financial Results $ per gallon December 2024 estimated average fuel cost per gallon - system $2.47 4th quarter estimated average fuel cost per gallon - system $2.50 Full-year 2024 estimated average fuel cost per gallon - system $2.76 Allegiant Travel Company Las Vegas-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 with all-nonstop flights and industry-low average fares. Today, Allegiant's 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 Allegiant.com. Media information, including photos, is available at gofly.us/iiFa303wrtF ALGT/G 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.For further information please visit the company's investor website: ir.allegiantair.com Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release. SOURCE Allegiant Travel Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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