Allegiant Travel(US:ALGT)2025-02-05 02:32Financial Performance - The company achieved an adjusted airline-only operating margin of 13.2% in 4Q24, a 6.6 percentage point increase from 6.6% in 4Q23[9, 12] - Consolidated adjusted earnings per share were $2.10 in 4Q24, up from $0.11 in 4Q23[23] - Airline-only adjusted earnings per share were $3.00 in 4Q24, compared to $0.86 in 4Q23[25] - Total airline revenue for the fourth quarter was nearly $610 million[17] Operational Efficiency and Growth - December capacity increased by 16% year-over-year[12] - Aircraft utilization averaged 9.6 hours per day in December, a 21% increase year-over-year[10, 12] - Adjusted airline non-fuel unit costs (CASM-ex) decreased by 2.5% year-over-year to 8.29 cents[26] Strategic Initiatives and Outlook - Scheduled service ASMs are projected to grow by 14% in 1Q25 and 17% for the full year 2025[17] - The company expects to fully recapture $2 per passenger from Navitaire optimization in the first half of 2025[17] - The company ended the year with $1.1 billion in available liquidity[29] - Full-year airline-only earnings per share, excluding special charges, are projected to be $7.75 - $10.25 in FY2025[34]