Allegiant reports February 2024 traffic

During February 2024, Allegiant Travel Company carried 1.24 million scheduled passengers, with a load factor of 84.0%. “First quarter demand continued the trend of outperformance during peak weeks offset by a normalized off-peak demand profile,” stated Drew Wells, Allegiant chief revenue officer. “Unitised revenue during the last two weeks of March exceeded prior year, highlighting continued demand strength. First quarter TRASM will come in slightly lower than initial expectations, up roughly 0.5 percent sequentially from the fourth quarter of 2023. This is predominantly due to a slightly weaker than expected lead up to the Spring Break period. While we communicated