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Allegiant Reports December 2020 Traffic

LAS VEGAS, Jan. 12, 2021 /PRNewswire/ --A Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2020.
Allegiant Reports December 2020 Traffic
"As expected, the fourth quarter highlighted the divergence in strength between peak travel periods and non-peak periods," stated Drew Wells, vice president of revenue. "Demand remained soft throughout much of December before accelerating during the peak holiday travel period at the end of the month. Load factors during the peak period came in at nearly 60 percent, which aided in completing the quarter with a load factor of 58.2 percent, the best since the onset of the pandemic. Over the last several weeks, we have been encouraged by favorable forward booking trends as flight volumes begin to pick up mid-February and into peak Spring Break travel. We remain cognizant that the situation is fluid and will continue to manage capacity to meet the changing demand environment."

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December 2020
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