Allegiant unit revenues down 16.7% in September

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Las Vegas-based low-cost carrier Allegiant Air has posted a 16.7% decline in its September passenger revenue per available seat mile (PRASM).

The carrier's passenger traffic for its scheduled services grew by 18.3% during the month, while capacity increased by 21.9%, leading to a 2.6 percentage point decline in the load factor to 88.2%, says the airline.

Passenger numbers increased 14.6% year-on-year to 476,000.

Allegiant estimates its October PRASM to decline by 12.6% to 13%. In guidance for November, the airline has forecasted its scheduled capacity to grow by 28%. Allegiant estimates that scheduled capacity in the fourth quarter will grow by 21% to 25%, and by 15% to 19% in the first quarter of 2013.