Allegiant unit revenues down 12.6% in October

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Las Vegas-based low-cost carrier Allegiant Air has posted a 12.6% decline in its October scheduled passenger revenue per available seat mile (PRASM).

The carrier's passenger traffic for its scheduled services grew by 23% in November, while capacity increased by 28.7%, leading to a four percentage points decline in the load factor to 85.7%, says the airline.

Passenger numbers increased 15.4% year-on-year to 524,000.

Allegiant estimates that its November PRASM will decline by 13.2% to 12.8%. In guidance for December, the airline has forecasted its scheduled capacity to grow by 15%. Allegiant estimates that scheduled capacity in the fourth quarter will grow by 21% to 23%, and by 15% to 19% in the first quarter of 2013.