Allegiant's January 2025 Traffic Numbers Improve Year Over Year

Core Insights - Allegiant Travel Company (ALGT) reported a 7.4% increase in scheduled traffic (measured in revenue passenger miles) for January 2025 compared to January 2024 [1] - The company's capacity (measured in available seat miles) increased by 9.9% year over year, leading to a decline in load factor to 78.8% from 80.7% [1][2] - Total departures for scheduled services rose by 9.2% in January 2025 compared to the previous year [2] - The average stage length (miles) for the company grew by 2.1% year over year [2] - System-wide capacity increased by 10% in January 2025, with a 6.5% rise in total passengers carried [3] Industry Comparisons - Copa Holdings, S.A. (CPA) reported a 22.1% increase in available seat miles and a 23.6% increase in revenue passenger miles year over year, resulting in a load factor increase to 86.4% [4] - Ryanair transported 12.4 million passengers in January 2025, reflecting a 2% year-over-year increase, with a load factor improvement to 91% [5] - Ryanair expects its fiscal 2025 traffic to reach nearly 200 million passengers, an increase from the previous estimate [5] Financial Performance - ALGT's shares have surged by 83.1% over the past six months, outperforming the Zacks Airline industry, which grew by 23.1% [6]