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ALLEGIANT REPORTS DECEMBER 2022 TRAFFIC

LAS VEGAS, Jan. 19, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2022, fourth quarter 2022, and full year 2022.

Scheduled Service – Year Over Three-Year Comparison


December 2022

December 2019

Change

Passengers

1,450,978

1,308,341

10.9 %

Revenue passenger miles (000)

1,348,142

1,165,902

15.6 %

Available seat miles (000)

1,591,240

1,411,107

12.8 %

Load factor

84.7 %

82.6 %

2.1 pts

Departures

10,024

9,423

6.4 %

Average stage length (miles)

901

871

3.4 %





4th Quarter 2022

4th Quarter 2019

Change

Passengers

3,893,870

3,516,263

10.7 %

Revenue passenger miles (000)

3,578,134

3,073,055

16.4 %

Available seat miles (000)

4,192,352

3,745,031

11.9 %

Load factor

85.3 %

82.1 %

3.2 pts

Departures

26,591

25,541

4.1 %

Average stage length (miles)

893

856

4.3 %





Full Year 2022

Full Year 2019

Change

Passengers

16,630,138

14,823,267

12.2 %

Revenue passenger miles (000)

15,224,346

13,038,003

16.8 %

Available seat miles (000)

17,909,190

15,545,818

15.2 %

Load factor

85.0 %

83.9 %

1.1 pts

Departures

114,066

105,690

7.9 %

Average stage length (miles)

890

859

3.6 %




 

Total System* - Year Over Three-Year Comparison


December 2022

December 2019

Change

Passengers

1,461,523

1,318,872

10.8 %

Available seat miles (000)

1,626,795

1,453,592

11.9 %

Departures

10,292

9,742

5.6 %

Average stage length (miles)

897

868

3.3 %





4th Quarter 2022

4th Quarter 2019

Change

Passengers

3,962,466

3,585,966

10.5 %

Available seat miles (000)

4,358,220

3,928,536

10.9 %

Departures

28,005

27,088

3.4 %

Average stage length (miles)

881

846

4.1 %





Full Year 2022

Full Year 2019

Change

Passengers

16,796,544

15,012,149

11.9 %

Available seat miles (000)

18,419,045

16,174,240

13.9 %

Departures

118,069

110,542

6.8 %

Average stage length (miles)

884

855

3.4 %





 

Scheduled Service – Year Over Year Comparison


December 2022

December 2021

Change

Passengers

1,450,978

1,320,403

9.9 %

Revenue passenger miles (000)

1,348,142

1,226,131

10.0 %

Available seat miles (000)

1,591,240

1,556,101

2.3 %

Load factor

84.7 %

78.8 %

5.9 pts

Departures

10,024

9,801

2.3 %

Average stage length (miles)

901

902

(0.1 %)





4th Quarter 2022

4th Quarter 2021

Change

Passengers

3,893,870

3,671,032

6.1 %

Revenue passenger miles (000)

3,578,134

3,306,563

8.2 %

Available seat miles (000)

4,192,352

4,288,133

(2.2 %)

Load factor

85.3 %

77.1 %

8.2 pts

Departures

26,591

27,818

(4.4 %)

Average stage length (miles)

893

876

1.9 %





Full Year 2022

Full Year 2021

Change

Passengers

16,630,138

13,509,544

23.1 %

Revenue passenger miles (000)

15,224,346

11,963,715

27.3 %

Available seat miles (000)

17,909,190

17,027,902

5.2 %

Load factor

85.0 %

70.3 %

14.7pts

Departures

114,066

113,121

0.8 %

Average stage length (miles)

890

862

3.2 %

 

Total System* - Year Over Year Comparison


December 2022

December 2021

Change

Passengers

1,461,523

1,327,884

10.1 %

Available seat miles (000)

1,626,795

1,586,060

2.6 %

Departures

10,292

10,065

2.3 %

Average stage length (miles)

897

896

0.1 %





4th Quarter 2022

4th Quarter 2021

Change

Passengers

3,962,466

3,731,034

6.2 %

Available seat miles (000)

4,358,220

4,440,839

(1.9 %)

Departures

28,005

29,193

(4.1 %)

Average stage length (miles)

881

865

1.8 %





Full Year 2022

Full Year 2021

Change

Passengers

16,796,544

13,637,405

23.2 %

Available seat miles (000)

18,419,045

17,490,571

5.3 %

Departures

118,069

117,047

0.9 %

Average stage length (miles)

884

856

3.3 %

*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 2022 estimated average fuel cost per gallon – system

$3.23



$ per gallon

4th quarter 2022 estimated average fuel cost per gallon – system

$3.59

 

 

$ per gallon

Full year 2022 estimated average fuel cost per gallon – system

$3.73

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 http://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: http://ir.allegiantair.com

Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.

Allegiant Media Contact:

Investor Inquiries:

Sonya Padgett

Sherry Wilson

email: mediarelations@allegiantair.com

email: ir@allegiantair.com

 

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SOURCE Allegiant Travel Company