Allegiant unit revenues down 12.8% in November

Washington DC
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Las Vegas-based low-cost carrier Allegiant Air has posted a 12.8% decline in its November scheduled passenger revenue per available seat mile (PRASM).

The carrier's passenger traffic for its scheduled services grew by 13.3% in December, while capacity increased by 17%, leading to a 2.9 percentage points decline in the load factor to 85.9%, says the airline.

Passenger numbers increased 8.1% year-on-year to 577,000.

Allegiant estimates that its December PRASM will decline by 6.6% to 7%. In guidance for January, the airline has forecast its scheduled capacity to grow by 18%. Allegiant estimates that scheduled capacity in the first quarter will grow by 15% to 19%, and 19% to 23% in the second quarter.