Allegiant revises upwards capacity plans

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Las Vegas-based Allegiant Air has revised upwards its capacity guidance for the rest of the year.

The low-cost carrier plans to grow scheduled capacity in the range of 11-13% in the third quarter, and 9-13% in the fourth quarter, it says in an investors update.

August scheduled capacity is forecasted to rise by 16%, says Allegiant.

The airline had previously provided guidance of 9-13% capacity growth in the third quarter and 8-12% in the fourth.

Allegiant grew scheduled passenger unit revenue by 5% in June, and estimates a 3.4-3.8% growth for July.