ALGT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ALGT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.
Allegiant Travel Co's Passenger Load Factor % for the quarter that ended in Mar. 2024 was 83.80% , which is higher than 83.30% for the pervious quarter ended in Dec. 2023.
Allegiant Travel Co's Passenger Load Factor % for the annual that ended in Dec. 2023 was 85.90% , which is higher than 85.00% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Allegiant Travel Co's Passenger Load Factor % or its related term are showing as below:
The historical data trend for Allegiant Travel Co's Passenger Load Factor % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Allegiant Travel Co Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Passenger Load Factor % | Get a 7-Day Free Trial |
Allegiant Travel CoQuarterly Data | |||||||||||||||||||||||||||||||||||||||||
Trend | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |||||||||||||||||||||
Passenger Load Factor % | Get a 7-Day Free Trial |
For the Airlines subindustry, Allegiant Travel Co's Passenger Load Factor %, along with its competitors' market caps and Passenger Load Factor % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Passenger Load Factor % is calculated as
Passenger Load Factor % | = | Passenger Miles Travelled | / | Available Seat Miles |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Allegiant Travel Co (NAS:ALGT) Passenger Load Factor % Explanation
Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.
The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.
Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.
Thank you for viewing the detailed overview of Allegiant Travel Co's Passenger Load Factor % provided by GuruFocus.com. Please click on the following links to see related term pages.
Scott Wayne Deangelo | officer: EVP, Marketing | 1201 N TOWN CENTER DRIVE, LAS VEGAS NV 89144 |
Keny Frank Wilper | officer: Interim COO | 1201 N TOWN CENTER DR, LAS VEGAS NV 89144 |
Gary Ellmer | director | 448 LANG ROAD, PORTSMOUTH NH 03801 |
Gregory Clark Anderson | officer: Chief Accounting Officer | 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144 |
Wilson Robert Paul Iii | officer: EVP and CIO | 1201 N TOWN CENTER DR, LAS VEGAS NV 89144 |
Drew Allen Wells | officer: SVP, Chief Revenue Officer | 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144 |
Scott Sheldon | officer: Principal Accounting Officer | 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144 |
Robert James Neal | officer: CFO | 1201 N TOWN CENTER DR, LAS VEGAS NV 89144 |
Gallagher Maurice J Jr | director, 10 percent owner, officer: CEO and President | 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144 |
Rebecca Aretos | officer: Principal Accounting Officer | 1201 N. TOWN CENTER DRIVE., LAS VEGAS NV 89144 |
Sandra Douglass Morgan | director | 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
John Redmond | director | 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144 |
Linda A Marvin | officer: CFO and Managing Director | 9057 WATERFIELD COURT, LAS VEGAS NV 89134 |
Charles W. Pollard | director | 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066 |
Jude Bricker | officer: SVP - Planning | 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144 |
From GuruFocus
By PRNewswire • 09-05-2023
By PRNewswire • 11-16-2023
By GuruFocus Research • 11-02-2023
By PRNewswire • 10-18-2023
By PRNewswire • 07-18-2023
By PRNewswire PRNewswire • 06-14-2023
By PRNewswire • 10-26-2023
By PRNewswire • 11-22-2023
By PRNewswire • 07-12-2023
By PRNewswire PRNewswire • 05-22-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.