Allegiant Travel Company, a leading leisure travel company headquartered in Las Vegas, has announced its preliminary passenger traffic results for March 2024. Compared to March 2023, the company’s total system passenger volume increased by 1.3%, available seat miles increased by 2.2%, departures increased by 0.2%, and average stage length increased by 1.7%.
In the first quarter of 2024, Allegiant continued to experience strong growth in passenger traffic compared to Q1 2023. Passenger volume increased by 1.1%, available seat miles increased by 2.0%, departures increased by 0.3%, and average stage length increased by 1.2%.
Allegiant’s success can be attributed to its focus on providing affordable and convenient air travel to small and medium-sized cities. The company’s low base fares, which are less than half the price of the average domestic round-trip ticket, have made it a popular choice for leisure travelers.
Allegiant’s route network has also been a major factor in its growth. The company currently serves over 120 destinations in the United States, including popular vacation spots such as Las Vegas, Orlando, and Phoenix.
Allegiant Travel Company is well-positioned to continue its growth in the future. The company’s strong financial performance, combined with its focus on providing affordable and convenient air travel, will likely lead to continued success in the years to come.