Tag Archives: Allegiant Air

Allegiant teams up with DreamWorks to promote ‘The Bad Guys’, N205NV becomes a new logo jet

Allegiant Air is celebrating the release of the new DreamWorks Animation film The Bad Guys, an action-packed comedy based on the best-selling New York Times books series, arriving in ย theaters April 22, 2022.

Throughout the month of April, Allegiant customers can join alongside The Bad Guysโ€”Wolf, Snake, Piranha, Shark and Tarantula โ€”as the crackerjack crew of animal outlaws embark on their most challenging heist yet: being model citizens.

 

Allegiant will sponsor The Bad Guys Family Flyaway Sweepstakes from April 12 โ€“ May 2, 2022,offering participants a chance to win a grand prize of a Universal Parks and Resorts vacation in Hollywood or Orlando. Ten second place prize winners will receive a $500 Allegiant voucher and a $60 Fandango gift card to see The Bad Guys in theaters.

Fans can also watch out for a special themed aircraft, which features characters from the movie trying to steal Allegiant’s logo.

Airbus A320-214 N205NV now wears a special livery.

On board every Allegiant flight, passengers can go behind-the-scenes with The Bad Guysfilmmakers, including director Pierre Perifel and producers Damon Ross and Rebecca Huntley, in exclusive interviews featured in the airline’s Sunseeker Magazine. Passengers will also enjoy fun surprises like movie-themed napkins and special giveaways at the Orlando, Phoenix and Las Vegas gates.

 

About The Bad Guysย Family Flyover Sweepstakes

NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. PURCHASE OR PAYMENT DOES NOT IMPROVE YOUR CHANCE OF WINNING. Theย Flyawayย Sweepstakesย is open only to legal residents of the 50 United States and the District of Columbia, excluding residents of the State of New York, who have reached the age of majority. Void elsewhere and where prohibited. Promotion ends May 2, 2022. Subject to completeย Official Rules at www.allegiant.com/thebadguysofficialrules.

About The Bad Guys

Nobody has ever failed so hard at trying to be good as Theย Bad Guys.

In the new action comedy from DreamWorks Animation, based on the New York Times best-selling book series, a crackerjack criminal crew of animal outlaws are about to attempt their most challenging con yetโ€”becoming model citizens.

Never have there been five friends as infamous as The Bad Guysโ€”dashing pickpocket Wolf (Academy Awardยฎ winner Sam Rockwell, Three Billboards Outside Ebbing, Missouri), seen-it-all safecracker Snake (Marc Maron, GLOW), chill master-of-disguise Shark (Craig Robinson, Hot Tub Time Machine franchise), short-fused “muscle” Piranha (Anthony Ramos, In the Heights) and sharp-tongued expert hacker Tarantula (Awkwafina, Crazy Rich Asians), aka “Webs.”

But when, after years of countless heists and being the world’s most-wanted villains, the gang is finally caught, Wolf brokers a deal (that he has no intention of keeping) to save them all from prison: The Bad Guys will go good.

Under the tutelage of their mentor Professor Marmalade (Richard Ayoade, Paddington 2), an arrogant (but adorable!) guinea pig, The Bad Guys set out to fool the world that they’ve been transformed. Along the way, though, Wolf begins to suspect that doing good for real may give him what he’s always secretly longed for: acceptance. So when a new villain threatens the city, can Wolf persuade the rest of the gang to become โ€ฆ The Good Guys?

The film co-stars Zazie Beetz (Joker), Lilly Singh (Bad Moms) and Emmy winner Alex Borstein (The Marvelous Mrs. Maisel).

From a screenplay by Etan Cohen (Tropic Thunder, Madagascar: Escape 2 Africa) based on the blockbuster Scholastic books by Aaron Blabey, The Bad Guys is directed by Pierre Perifel (animator, the Kung Fu Pandaย films), making his feature-directing debut. The film is produced by Damon Rossp.g.a. (development executive Trolls, The Boss Baby, co-producerย Nacho Libre) and Rebecca Huntley p.g.a. (associate producer, The Boss Baby). The executive producers are Etan Cohen, Aaron Blabey and Patrick Hughes.

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Allegiant sees a significant step-up in leisure demand beginning mid-February and persisting into March

Allegiant Travel Company (Allegiant Air) reported its preliminary passenger traffic results for February 2022.

“After a slow start to the quarter, attributable to the Omicron variant, we saw a significant step-up in leisure demand beginning mid-February and persisting into March,” stated Drew Wells, senior vice president, revenue. “We finished February with a load factor of 77.8 percent, a more than eight-point improvement over January. Load factor during the month of March is currently trending above levels observed in 2019, with several weeks exceeding 90 percent booked loads, marking the first time we’ve seen loads at this level since the onset of the pandemic. In addition, yields are strong with March TRASM tracking in line with March of 2019. Due to recent weather events and staffing challenges, we have lowered our quarterly capacity guidance and now expect ASMs to be up roughly 18 percent year over three-year. Given yield strength, we expect total revenue to come in on the high-end of our initial revenue guide.”

“Despite decreased capacity for the quarter, we continue to expect CASM, excluding fuel, to fall within our initial range,” stated Gregory Anderson, executive vice president, chief financial officer. “Recent spikes in jet fuel prices have resulted in an updated fuel cost per gallon for the first quarter of roughly $3.05. Due predominantly to the volatile fuel environment as well as some staffing challenges, we expect to reduce planned capacity by roughly ten percent for the second quarter. We will continue to manage capacity to maximize profitability.”

Previous Current
System ASMs โ€“ year over three-year change1 Up 19.0 to 23.0% Up 17.0 to 19.0%
Scheduled service ASMs โ€“ year over three-year changeยน Up 19.0 to 23.0% Up 17.0 to 19.0%
Total operating revenue – year over three-year changeยน Up 5.0 to 9.5% Up 7.5 to 9.5%
Operating CASM, excluding fuel – year over three-year changeยน 2 Up 1.0 to 5.0% Up 3.0 to 5.0%
Fuel cost per gallon $2.67 $3.05

 

Scheduled Service โ€“ Year Over Three-Year Comparison
February 2022 February 2019 Change
Passengers 1,099,911 1,012,255 8.7%
Revenue passenger miles (000) 1,060,497 947,536 11.9%
Available seat miles (000) 1,362,381 1,137,059 19.8%
Load factor 77.8% 83.3% (5.5pts)
Departures 8,277 7,265 13.9%
Average stage length (miles) 932 908 2.6%

 

Total System* – Year Over Three-Year Comparison
February 2022 February 2019 Change
Passengers 1,105,652 1,020,352 8.4%
Available seat miles (000) 1,392,157 1,174,082 18.6%
Departures 8,503 7,559 12.5%
Average stage length (miles) 928 903 2.8%

 

Scheduled Service โ€“ Year Over Year Comparison
February 2022 February 2021 Change
Passengers 1,099,911 679,906 61.8%
Revenue passenger miles (000) 1,060,497 636,119 66.7%
Available seat miles (000) 1,362,381 1,203,720 13.2%
Load factor 77.8% 52.8% 25.0pts
Departures 8,277 7,630 8.5%

 

Total System* – Year Over Year Comparison
February 2022 February 2021 Change
Passengers 1,105,652 680,930 62.4%
Available seat miles (000) 1,392,157 1,223,407 13.8%
Departures 8,503 7,783 9.3%
Average stage length (miles) 928 904 2.

*Total system includes scheduled service and fixed fee contract.ย  System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs.ย  Fixed fee flying is better measured through dollar contribution versus operational statistics.

Preliminary Financial Results
$ per gallon
February 2022 estimated average fuel cost per gallon โ€“ system $2.92

Allegiant to add three more routes in May

Allegiant Air is adding three new routes in May including Orange County and Newark:

Orange County (Santa Ana) – Idaho Falls, ID starting on May 18, 2022

Newark – Des Moines starting on May 20, 2022

Sanford (near Orlando) – Las Vegas starting on May 27, 2022

 

Allegiant opens a new base at Flint, MI

Flint Bishop Airport (FNT) made this announcement:

Flint Bishop Airport is now a base operation for Allegiant! It is the first time in FNT history a major commercial airline opens a base! In true FNT fashion, we celebrated big with our community partners who helped make this happen!

 

Allegiant turns to the black, produces a profit in the fourth quarter and 2021

Allegiant Travel Company (Allegiant Air) today reported the following financial results for the fourth quarter and full year 2021, as well as comparisons to prior years:

 

Consolidated Three Months Endedย December 31, Percent Change
(unaudited) (in millions, except per share amounts) 2021 2020 2019 YoY Yo2Y
Total operating revenue $ 496.9 $ 246.6 $ 461.1 101.5 % 7.8 %
Total operating expense 463.6 270.2 368.4 71.6 25.8
Operating income (loss) 33.3 (23.6) 92.7 241.0 (64.0)
Income (loss) before income taxes 15.1 (39.2) 78.6 138.6 (80.7)
Net income (loss) 10.7 (28.8) 60.5 137.1 (82.3)
Diluted earnings (loss) per share $ 0.59 $ (1.79) $ 3.72 133.0 (84.1)

 

Twelve Months Endedย December 31, Percent Change
(unaudited) (in millions, except per share amounts) 2021 2020 2019 YoY Yo2Y
Total operating revenue $ 1,707.9 $ 990.1 $ 1,841.0 72.5 % (7.2) %
Total operating expense 1,444.8 1,271.1 1,477.0 13.7 (2.2)
Operating income (loss) 263.1 (281.0) 364.0 193.6 (27.7)
Income (loss) before income taxes 196.6 (361.1) 301.2 154.5 (34.7)
Net income (loss) 151.9 (184.1) 232.1 182.5 (34.6)
Diluted earnings (loss) per share $ 8.68 $ (11.53) $ 14.26 175.3 (39.1)

 

Consolidated – adjusted Three Months Endedย December 31, Percent Change
(unaudited) (in millions, except per share amounts) 2021 2020 2019 YoY Yo2Y
Adjusted operating expenseย (1) (2) $ 451.2 $ 254.4 $ 368.4 77.4 % 22.5 %
Adjusted operating income (loss)ย (1) (2) 45.7 (7.8) 92.7 685.9 (50.7)
Adjusted income (loss) before income taxesย (1) (2) 27.5 (23.4) 78.6 217.5 (65.0)
Adjusted net income (loss)ย (1) (2) 21.3 (18.0) 60.5 218.3 (64.8)
Adjusted diluted earnings (loss) per shareย (1) (2) $ 1.18 $ (1.12) $ 3.72 205.4 (68.3)

 

Twelve Months Endedย December 31, Percent Change
(unaudited) (in millions, except per share amounts) 2021 2020 2019 YoY Yo2Y
Adjusted operating expenseย (1) (2) $ 1,595.7 $ 1,130.2 $ 1,477.0 41.2 % 8.0 %
Adjusted operating income (loss)ย (1) (2) 112.2 (140.1) 364.0 180.1 (69.2)
Adjusted income (loss) before income taxesย (1) (2) 45.7 (193.6) 301.2 123.6 (84.8)
Adjusted net income (loss)ย (1) (2) 35.1 (149.1) 232.1 123.5 (84.9)
Adjusted diluted earnings (loss) per shareย (1) (2) $ 2.04 $ (9.33) $ 14.26 121.9 (85.7)
(1) Adjusted numbers exclude COVID related special charges, the net benefit from the payroll support programs, when applicable, and profit sharing bonus accruals
(2) Denotes a non-GAAP financial measure. Refer to the Non-GAAP Presentation section within this document for further information

“We finished the year with adjusted earnings per share(1)ย ofย $2.04, one of the only domestic carriers to record a full-year adjusted profit,” statedย Maurice J. Gallagher, Jr., chairman and CEO ofย Allegiant Travel Company. “This is a remarkable feat and could not have been accomplished without the support of our team members. 2021 was a challenging year, yet we remained nimble and continued to learn and adapt. Despite impacts from multiple variants throughout the year, we grew scheduled capacity more than eight percent when compared to 2019. Load factors sequentially improved throughout the year with fourth quarter loads of 77.1 percent, a more than twenty-point increase from the first quarter. We grew fourth quarter revenue by 7.8 percent when compared with 2019, finishing the year with total operating revenue ofย $1.7 billion, just seven percent below 2019.

“As we exited 2021, the operation was challenged by impacts from the Omicron variant. We saw unprecedented crew shortages due to COVID, resulting in cancelled flights during the peak holiday travel season and persisting throughout January. Case counts have started to recede, thus the worst should be behind us. I expect the operation to return to a more normalized state in time for peak March travel. Given the cancellations from Covid, irregular operations expenses wereย $23 millionย during the fourth quarter. As noted last quarter, it is imperative and good business practice to reimburse our customers for the inconvenience we have caused, in addition to refunding the ticket price.

“Despite the Omicron variant, forward bookings are strong for upcoming peak leisure travel periods. Spring break bookings have been particularly strong. Over the past several months, the booking curve has normalized to its pre-COVID state, and although early, we are beginning to see positive demand trends into early summer. In addition, third-party revenues have outperformed 2019 due primarily to strength with our cobrand credit card program. We acquired more than 100 thousand new cardholders in 2021, a program record. This trend continues in 2022, with January now the program’s best month for new cardholder acquisitions.

“The future of Allegiant is bright. We expect to end 2022 with 127 aircraft. All incoming aircraft will have 186 seats, increasing our seats per departure. The recently announced Boeing transaction will increase incremental route opportunities to 1,400, which represents more than ten years of growth. Additionally, progress on Sunseeker is on track to open in early 2023. This project will diversify our ecosystem of travel offerings available to our customers.

“Once again our team members have shown their mettle in the past 90 days.ย  They have been on the front lines in one of the worst periods I have seen with regard to the uncertainty and fear we are all experiencing from Covid.ย  I want to personally thank each and every one of them.”

Fourth Quarter 2021 Results

  • GAAPย income before income taxesย ofย $15.1 million
    • Adjusted income before income taxes(1) (2) (3)ofย $27.5 million, yielding a pre-tax margin of 5.5 percent
  • Consolidated EBITDA(2) (3)ย ofย $80.0 million, yielding an EBITDA margin of 16.1 percent
    • Adjusted EBITDA(1) (2) (3)ย ofย $92.4 million, yielding an adjusted EBITDA margin of 18.6 percent
  • Total operating revenueย wasย $496.9 million, up 7.8 percent when compared with the fourth quarter of 2019
    • Scheduled capacity up 14.5 percent year over two-year
    • Continued sequential improvement inย load factor,ย which came in at 77.1 percent
    • Peak holiday travel load factor mirrored levels observed in 2019 for the same time period
  • Total average fare – third party productsย ofย $6.90, up 47.4 percent year over two-year driven primarily by cobrand strength
  • Adjusted operating CASM, excluding fuelย (1)ย ofย 7.24 cents, up 7.4 percent when compared with the fourth quarter of 2019, driven primarily by costs related to increased irregular operations
  • Expanded the networkย by adding 13 new routes with one new city,ย Canton, Ohio, bringing total routes served to 608 and 133 cities
    • List of incremental, domestic-route opportunities in excess of 1,400
      • Route profile similar to current network structure – roughly 80 percent of opportunities currently have no direct, non-stop competition
  • Announced plans for aย fully-integrated Commercial Alliance Agreement with Viva Aerobusย to expand options for nonstop leisure air travel betweenย the United Statesย andย Mexico
    • First-of-its-kind alliance between two ultra low-cost carriers
  • Partneredย with Boeingย to purchase 50 737 MAX aircraft, powered by CFM LEAP 1-B engines, with deliveries beginning mid-2023

Full-Year 2021 Results

  • GAAPย income before income taxesย ofย $196.6 million
    • Adjusted income before income taxes(1) (2) (3)ofย $45.7 million, yielding a pre-tax margin of 2.7 percent
    • One of the only domestic carriers to achieve full-year profitability on an adjusted basis
  • Consolidated EBITDAย ofย $444.1 million, yielding an EBITDA margin of 26.0 percent
    • Adjusted EBITDAย ofย $293.2 million, yielding an adjusted EBITDA margin of 17.2 percent
  • Total system capacity increased 8.1 percent when compared with 2019
  • Total operating revenue wasย $1.7 billion, 7.2 percent below 2019
    • Total average fareย ofย $123.24, up 4.2 percent from 2019
    • Total ancillary average fareย ofย $64.73, up 14.2 percent from 2019 driven by air ancillary bundles, website redesign, and increased cobrand activity
  • Available seat miles per fuel gallon of 85.4, a 3.7 percent improvement from 2019
  • Record-setting year for theย cobrand programย with more than 100 thousand new cardholders acquired
  • Ended 2021 with nearly 800 thousand activeย Allways Rewardsย members

(1) Adjusted numbers exclude COVID related special charges, the net benefit from the payroll support programs, when applicable, and profit sharing bonus accruals

(2) Denotes a non-GAAP financial measure

(3) Refer to the Non-GAAP Presentation section within this document for further information

 

Balance Sheet, Cash and Liquidity

  • Totalย cash and investmentsย atย December 31, 2021ย wereย $1.2 billion
    • Receivedย $116 millionย in federal tax refundsย in October related to 2020 net operating losses
    • Receivedย $204 millionย in payroll support program fundsย during 2021
  • $488.2 millionย inย total operating cash inflowย for 2021, including payroll support program funds received as well as federal tax refunds related to net operating losses
  • Total debt atย December 31, 2021ย wasย $1.7 billion
    • Net debt atย December 31, 2021ย wasย $559.8 million, a 42.5 percent decrease from year-end 2020
  • Debtย principal paymentsย ofย $62 millionย during the quarter
  • Full yearย Interest expenseย ofย $68 million, down 10.9 percent year over two-year
  • Air traffic liabilityย atย December 31, 2021ย wasย $307 million
    • Balance related to future scheduled flights isย $240 million
    • Balance related to travel vouchers issued for future use isย $67 million

Airline Capital Expenditures

  • Fourth quarter spend wasย $56 million,ย which includedย $29 millionย for the acquisition of two aircraft as well as induction costs andย $27 millionย in other airline capital expenditures
    • Fourth quarter deferred heavy maintenanceย spend wasย $12 million
  • Full year 2021 capital expenditures wereย $205 million, which includedย $136 millionย for the acquisition of seven aircraft and one engine as well as induction costs andย $69 millionย in other airline capital expenditures
    • Full year deferred heavy maintenanceย spend wasย $61 million

Sunseeker Resort

  • Anticipated opening remains unchanged at first quarter 2023
  • Total project spendย as ofย December 31, 2021ย wasย $211 millionย withย $23 millionย funded by debt and the remainingย $188 millionย funded by Allegiant
    • Fourth quarterย capital expendituresย related to the project wereย $38 million
    • 2021 capital expendituresย wereย $51 million

 

 

Guidance, subject to revision Previous Current
First Quarter 2022 guidance
System ASMs – year over three-year change(1) 19.0 to 23.0%
Scheduled Serviceย  ASMs – year over three-year change(1) 19.0 to 23.0%
Total operating revenue – year over three-year change(1) 5.0 to 9.5%
Operating CASM, excluding fuel – year over three-year change(1) 1.0 to 5.0%
Fuel cost per gallon $2.67
Full year 2022 guidance
Airline CAPEX
Aircraft, engines, induction costs, and pre-delivery deposits (millions) $255ย toย $265
Capitalized deferred heavy maintenance (millions) $85ย toย $95
Other airline capital expenditures (millions) $95ย toย $105
Interest expenseย (2) $85ย toย $95
Recurring principal payments $185ย toย $195
Sunseeker Resortsย –ย Charlotte Harbor Projectย 
Total projected project spend (millions) $560ย toย $585
Percent of projectย to be financed 60ย to 63%
Percent of total project spend already funded by Allegiant contributions 32 to 34%
Percent of project spend remaining โ€“ to be funded by Allegiant contributions 4 to 8%

 

(1) Year over three-year percentage changes compare 2022 to 2019
(2) Includes capitalized interest related to pre-delivery deposits on new aircraft as well as the construction ofย Sunseeker Resortsย – Charlotte Harbor

Aircraft Fleet Plan by End of Period

Aircraft – (seats per AC) 1Q22 2Q22 3Q22 YE22
A319 (156 seats) 35 35 35 35
A320 (177 seats) 22 22 22 22
A320 (186 seats) 56 58 65 70
Total 113 115 122 127
The table above is provided based on the company’s current plans and is subject to change

Allegiant announces nine new nonstop routes

Allegiant Airย today announces nine new nonstop routes beginning service this spring.ย 

“We’re thrilled to kick off 2022 with a network expansion in twelve of our markets,” saidย Drew Wells, Allegiant’s senior vice president of revenue and planning. “These new routes will grow our presence inย Austin, where we recently opened a base, while connecting travelers in some of the smaller cities we serve to several popular vacation destinations such asย Nashville,ย Savannah,ย Roanokeย andย San Diego.”

The new routes toย Austin, Texasย viaย Austin-Bergstrom International Airportย (AUS)ย include:

  1. Sarasota, Floridaย viaย Sarasota Bradenton International Airportย (SRQ)ย โ€“ beginningย April 14, 2022ย with one-way fares as low asย $49.*
  2. San Diego, Californiaย viaย San Diego International Airportย (SAN)ย โ€“ย beginningย April 20, 2022ย with one-way fares as low asย $49.*
  3. Washington, D.C.ย viaย Dulles International Airportย (IAD)ย โ€“ย beginningย April 21, 2022ย with one-way fares as low asย $49.*

The new routes toย Nashville, Tennesseeย viaย Nashville International Airportย (BNA)ย include:

  1. Providence, Rhode Islandย viaย Rhode Island T.F. Green International Airportย (PVD)ย โ€“ beginningย April 21, 2022ย with one-way fares as low asย $49.*
  2. Roanoke, Virginiaย viaย Roanoke-Blacksburg Regional Airportย (ROA)ย โ€“ beginningย April 21, 2022ย with one-way fares as low asย $39.*
  3. Washington, D.C.ย viaย Dulles International Airportย (IAD)ย โ€“ beginningย April 21, 2022ย with one-way fares as low asย $39.*

The new routes toย San Diego, Californiaย via San Diego International Airportย (SAN)ย include:

  1. Austin, Texasย viaย Austin-Bergstrom International Airportย (AUS)ย โ€“ beginningย April 20, 2022ย with one-way fares as low asย $49.*
  2. Sioux Falls, South Dakotaย viaย Sioux Fallsย Regional Airportย (FSD)ย โ€“ beginningย May 19, 2022ย with one-way fares as low asย $59.*

The new route toย Orange County, Californiaย viaย John Wayne Airportย (SNA)ย includes:

  1. Des Moines, Iowaย viaย Des Moines International Airportย (DSM)ย โ€“ย beginningย April 14, 2022ย with one-way fares as low asย $59.*

The new route toย Savannah, Georgiaย viaย Savannah/Hilton Head International Airportย (SAV)ย includes:

  1. Flint Michiganย viaย Flint Bishop International Airportย (FNT)ย โ€“ย beginningย April 15, 2022ย with fares as low asย $39.*

Allegiant reports its fourth quarter will be its third consecutive quarter of profitability since the onset of the pandemic

Allegiant Travel Company (Allegiant Air) today reported preliminary passenger traffic results for December 2021, fourth quarter 2021, and full year 2021.

“Fourth quarter scheduled capacity was up 14.5 percent as compared with 2019, in line with our initial expectations,” statedย Drew Wells, senior vice president of revenue. “Despite a challenging operating environment during the Christmas holiday peak-period, we ended the quarter with a load factor of 78.8 percent, the highest since the onset of the pandemic. Although Omicron led to an uptick in customer cancellations, daily booking trends throughout the quarter consistently outperformed levels observed in 2019. This strength in bookings resulted in total operating revenue of roughlyย $496 millionย for the quarter, an increase of more than 7.5 percent when compared with 2019.”

“We are pleased to report that the fourth quarter will be our third consecutive quarter of profitability since the onset of the pandemic,” statedย Gregory Anderson, executive vice president and chief financial officer. “Despite operational challenges around holiday peak travel, we expect an adjusted1ย EBITDA margin for the fourth quarter of roughly 19 percent. This margin includes nearlyย $23 millionย of irregular operations costs incurred during the quarter, the majority of which were incurred in December. Operational challenges were predominantly a result of crew shortages related to Omicron. Although these challenges continued into early January, we are beginning to see relief and expect significant improvement in the operation as the Omicron variant begins to dissipate.”

Scheduled Service โ€“ Year Over Two-Year Comparison
December 2021 December 2019 Change
Passengers 1,320,403 1,308,341 0.9%
Revenue passenger miles (000) 1,226,131 1,165,902 5.2%
Available seat miles (000) 1,556,101 1,411,107 10.3%
Load factor 78.8% 82.6% (3.8 pts)
Departures 9,801 9,423 4.0%
Average stage length (miles) 902 871 3.6%
4thย Quarter 2021 4thย Quarter 2019 Change
Passengers 3,671,032 3,516,263 4.4%
Revenue passenger miles (000) 3,306,563 3,073,055 7.6%
Available seat miles (000) 4,288,133 3,745,031 14.5%
Load factor 77.1% 82.1% (5.0pts)
Departures 27,818 25,541 8.9%
Average stage length (miles) 876 856 2.3%
YTD 2021 YTD 2019 Change
Passengers 13,509,544 14,823,267 (8.9%)
Revenue passenger miles (000) 11,963,715 13,038,003 (8.2%)
Available seat miles (000) 17,027,902 15,545,818 9.5%
Load factor 70.3% 83.9% (13.6pts)
Departures 113,121 105,690 7.0%
Average stage length (miles) 862 859 0.3%

Total System* – Year Over Two-Year Comparison
December 2021 December 2019 Change
Passengers 1,327,884 1,318,872 0.7%
Available seat miles (000) 1,586,060 1,453,592 9.1%
Departures 10,065 9,742 3.3%
Average stage length (miles) 896 868 3.2%
4thย Quarter 2021 4thย Quarter 2019 Change
Passengers 3,731,034 3,585,966 4.0%
Available seat miles (000) 4,440,839 3,928,536 13.0%
Departures 29,193 27,088 7.8%
Average stage length (miles) 865 846 2.2%
YTD 2021 YTD 2019 Change
Passengers 13,637,405 15,012,149 (9.2%)
Available seat miles (000) 17,490,571 16,174,240 8.1%
Departures 117,047 110,542 5.9%
Average stage length (miles) 856 855 0.1%

 

Scheduled Service โ€“ Year Over Year Comparison
December 2021 December 2020 Change
Passengers 1,320,403 673,041 96.2%
Revenue passenger miles (000) 1,226,131 611,429 100.5%
Available seat miles (000) 1,556,101 1,128,200 37.9%
Load factor 78.8% 54.2% 24.6pts
Departures 9,801 7,281 34.6%
Average stage length (miles) 902 891 1.2%
4thย Quarter 2021 4thย Quarter 2020 Change
Passengers 3,671,032 2,129,292 72.4%
Revenue passenger miles (000) 3,306,563 1,878,831 76.0%
Available seat miles (000) 4,288,133 3,226,050 32.9%
Load factor 77.1% 58.2% 18.9pts
Departures 27,818 21,399 30.0%
Average stage length (miles) 876 868 0.9%
YTD 2021 YTD 2020 Change
Passengers 13,509,544 8,553,623 57.9%
Revenue passenger miles (000) 11,963,715 7,626,470 56.9%
Available seat miles (000) 17,027,902 12,814,080 32.9%
Load factor 70.3% 59.5% 10.8pts
Departures 113,121 85,276 32.7%
Average stage length (miles) 862 867 (0.6%)

 

Total System* – Year Over Year Comparison
December 2021 December 2020 Change
Passengers 1,327,884 679,424 95.4%
Available seat miles (000) 1,586,060 1,147,534 38.2%
Departures 10,065 7,471 34.7%
Average stage length (miles) 896 883 1.5%
4thย Quarter 2021 4thย Quarter 2020 Change
Passengers 3,731,034 2,159,035 72.8%
Available seat miles (000) 4,440,839 3,315,599 33.9%
Departures 29,193 22,189 31.6%
Average stage length (miles) 865 860 0.6%
YTD 2021 YTD 2020 Change
Passengers 13,637,405 8,623,984 58.1%
Available seat miles (000) 17,490,571 13,125,533 33.3%
Departures 117,047 87,955 33.1%
Average stage length (miles) 856 862 (0.7%)

 

*Total system includes scheduled service and fixed fee contract.ย  System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs.ย  Fixed fee flying is better measured through dollar contribution versus operational statistics.

 

Preliminary Financial Results
$ per gallon
December 2021ย estimated average fuel cost per gallon โ€“ system $2.37
$ per gallon
4thย quarter 2021 estimated average fuel cost per gallon โ€“ system $2.48
$ per gallon
Full year 2021 estimated average fuel cost per gallon โ€“ system $2.15

Allegiant Air switches to Boeing, orders 50 new 737-7 and 737-8 200 MAX aircraft + 50 options

Allegiant Travel Company (Allegiant Air) today announced an agreement with Boeing to purchase 50 new 737 MAX aircraft as part of the airline’s ongoing efforts to modernize and expand its fleet.

The multi-year deal โ€“ Boeing’s first with an ultra-low-cost carrier inย the United Statesย โ€“ ย includes the purchase of 737-7 and 737-8-200 models, as well as options to purchase 50 additional aircraft, giving the company flexibility for future growth. Allegiant will take delivery of an initial group of planes in 2023, with the remaining deliveries scheduled throughout 2024 and 2025.

Allegiant’s unique ULCC business model has been primarily focused on high quality used aircraft to maintain lower fixed costs. However, the pandemic recovery cycle has brought to Allegiant unique opportunities to acquire new equipment, including this aircraft-family solution, which will add significant economic and operational benefits for years to come.

The arrangement with Boeing will allow Allegiant to replace aircraft that are scheduled to retire while also expanding the fleet to maintain the company’s projected 10 percent-plus annual growth rate.

The Boeing 737s come equipped with several innovative in-cabin features โ€“ such as Boeing Sky Interior and Space Bins โ€“ that create a feeling of spaciousness, provide more leg room and make storing and retrieving carry-on luggage easier for passengers. Additionally, the new aircraft will burn approximately 20 percent less fuel than older Airbus A320 family aircraft. ย while also offering increased seating capacity.

The aircraft will be powered with CFM LEAP 1-B engines. Allegiant has signed a 12-year exclusive maintenance agreement with CFM for the LEAP engine fleet, which will also bring support for the existing Airbus fleet. Allegiant currently operates 108 Airbus A319s and A320s and will continue sourcing A320s in the used market.

Reuters: Allegiant Air to order 50 Boeing 737 MAX jets

Is Allegiant Air ready to jump from Airbus to Boeing?

From Reuters:

“Allegiant Air is close to ordering 50 Boeing 737 MAX jets worth $5 billion at list prices, people familiar with the matter said, as the low-cost U.S. airline eyes a rebound in tourism.”

Read the full article:

https://www.reuters.com/business/aerospace-defense/exclusive-us-carrier-allegiant-air-buy-50-boeing-737-max-jets-sources-2022-01-04/

 

Allegiant announces nine new routes

2021 "Raiders - Raider Nation" team livery

Allegiant Air has announced nine new nonstop routes for spring vacation travel to premier destinations in Florida and the southwest.

Routes from TYS:

The new routes toย Knoxville, Tennesseeย viaย McGhee Tyson Airportย (TYS)ย include:

  1. Phoenix, Arizonaย viaย Phoenix Sky Harbor International Airportย (PHX)ย โ€“ beginningย Feb. 16, 2022ย with one-way fares as low asย $59.*
  2. Minneapolis, Minnesotaย viaย Minneapolis-Saint Paul International Airportย (MSP) โ€“ย beginningย March 9, 2022ย with one-way fares as low asย $49.*

Routes from AZA:

The new route toย Phoenix, Arizonaย viaย Phoenix-Mesa Gateway Airportย (AZA):

  1. Toledo, Ohioย viaย Eugene F. Kranz Toledo Express Airportย (TOL)ย โ€“ beginning March 9, 2022 with one-way fares as low as $59.

Routes from PIE:

The new route to St. Petersburg, Florida via St. Petersburg-Clearwater International Airport (PIE) include:

  1. Clarksburg, West Virginiaย viaย North Central West Virginia Airportย (CKB)ย โ€“ beginningย March 11, 2022ย with one-way fares as low asย $49.*

Routes from ATW:

The new routes toย Appleton, Wisconsinย viaย Appleton International Airportย (ATW):

  1. Fort Lauderdale-Hollywood International Airportย (FLL)ย โ€“ beginningย March 10, 2022ย with one-way fares as low asย $49.*
  2. Sarasota, Floridaย viaย Sarasota Bradenton International Airportย (SRQ)ย โ€“ beginningย March 11, 2022ย with one-way fares as low asย $59.*
  3. Denver, Colo.ย Viaย Denver Airportย (DEN)ย โ€“ beginningย March 11, 2022ย with one-way fares as low asย $39.*

Routes from FNT:

The new routes toย Flint, Michiganย viaย Flintย Bishop International Airportย (FNT) include:

  1. Boston, Massachusettsย viaย Logan International Airportย (BOS)ย โ€“ beginningย March 10, 2022ย with one-way fares as low asย $49.*
  2. Jacksonville, Fla.ย viaย Jacksonville International Airportย (JAX)ย โ€“ beginningย March 11, 2022ย with one-way fares as low asย $39.*

Top Copyright Photo: Allegiant Air Airbus A319-111 N328NV (msn 2821) (Raiders – Raider Nation) LAS (Tony Storck). Image: 955811.

Allegiant Air aircraft slide show:

Allegiant Air aircraft photo gallery: