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LAS VEGAS - Allegiant Travel Company (NASDAQ: ALGT), a Las Vegas-based integrated travel company, has released its preliminary passenger traffic results for April 2025, showing a significant increase in travel demand compared to the same month last year. According to InvestingPro data, the company’s stock has shown strong resilience with an 8.2% return over the past year, despite experiencing significant volatility in recent months.
The data indicates that the number of passengers using Allegiant’s scheduled service in April 2025 rose to 1,526,823, marking a 15.0% increase from April 2024. Revenue passenger miles, a measure of airline traffic, increased by 17.4% to 1,447,242. Despite the growth in passenger numbers and miles flown, the airline experienced a slight decrease in load factor, which measures how efficiently an airline fills seats and generates fare revenue. The load factor for April 2025 was 80.3%, down 2.1 percentage points from 82.4% in April 2024. This operational performance comes as InvestingPro analysis shows the company’s revenue growth at 1.54% over the last twelve months, with analysts expecting profitability improvements in the coming year.
Allegiant also reported an 18.4% increase in departures for the month, with a total of 11,010 flights compared to 9,296 the previous year. The average stage length, which is the average non-stop distance flown per departure, was 934 miles, showing a modest increase of 2.5% from 911 miles in April 2024.
In addition to scheduled service, Allegiant’s total system, including fixed fee contract flying, saw growth. The total number of passengers for April 2025 reached 1,543,689, a 14.9% increase from 1,344,077 in April 2024. The total system’s available seat miles also rose by 20.8% to 1,865,323.
The airline provided preliminary financial results as well, with the estimated average fuel cost per gallon for April 2025 being $2.51. Fuel costs are a significant expense for airlines and can impact profitability. InvestingPro data reveals that while the company faces some short-term challenges with a current ratio of 0.9, analysts are optimistic about its future performance. InvestingPro subscribers have access to over 30 additional financial metrics and insights about Allegiant’s financial health and growth potential.
Allegiant has been connecting travelers from small-to-medium cities to vacation destinations with nonstop flights and low average fares since 1999. The company prides itself on offering base airfares that are less than half the cost of the average domestic roundtrip ticket.
The information in this report is based on a press release statement from Allegiant Travel Company and reflects data and financial estimates for April 2025. It is essential to verify the continued accuracy of this information if it is used for any future purposes. For comprehensive analysis and real-time updates on Allegiant’s financial performance, investors can access detailed Pro Research Reports and additional insights through InvestingPro, which covers over 1,400 US stocks with in-depth analysis and actionable intelligence.
In other recent news, Allegiant Travel Company reported its Q1 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $1.81, surpassing the forecasted $1.70. Despite the earnings beat, revenue slightly missed expectations, coming in at $699.1 million compared to the anticipated $701.23 million. Allegiant’s net income reached $33.4 million, with the airline segment contributing $39 million, highlighting the company’s strong operational performance. The company achieved a 14% increase in capacity and a 3 percentage point rise in operating margin, showcasing efficient operations amidst industry challenges. Goldman Sachs maintained a Neutral rating on Allegiant with a $56 price target, noting the company’s higher-than-expected Q1 earnings but expressing concerns over its lower guidance for the June quarter. Allegiant’s management highlighted strategic fleet adjustments and cost management as key factors in their performance, while also acknowledging weaker demand during off-peak times. The company remains optimistic about profitability in 2025, leveraging its business model to adjust capacity during slower periods and optimize for peak travel times.
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