{"id":5453,"date":"2009-11-04T10:13:20","date_gmt":"2009-11-04T14:13:20","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=5453"},"modified":"2016-09-20T05:14:15","modified_gmt":"2016-09-20T09:14:15","slug":"allegiant-algt-ocotober-yoy-comps-are-strong","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2009\/11\/04\/allegiant-algt-ocotober-yoy-comps-are-strong\/","title":{"rendered":"Allegiant (ALGT) &#8211; October YoY Comps Are Strong"},"content":{"rendered":"<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/11\/AllegiantAirLogo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4407 alignright\" title=\"AllegiantAirLogo\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/11\/AllegiantAirLogo.jpg\" alt=\"AllegiantAirLogo\" width=\"111\" height=\"83\" \/><\/a>Allegiant Air (ALGT) came with impressive numbers for October. The load factors were slightly down but we saw healthy increases in most areas as compared to 2008. Allegiant has one of the best load factors in the industry as they manage flight loads well.<\/p>\n<p>Yet, we also looked deeper and saw that there is a rising number of non-paying passengers that are making up this load factor. That can be caused by a variety of factors including <!--more-->frequent fliers and crew transfers. It can also be caused by giveaways to fill up planes and goose load factors. But, for now, we will assume that is is the former.<\/p>\n<p><strong>PR Newswire: Allegiant Reports October 2009 Traffic<\/strong><\/p>\n<p>LAS VEGAS, Nov. 3 \/PRNewswire-FirstCall\/ &#8212; Allegiant Air, LLC, a wholly-owned subsidiary of Allegiant Travel Company (Nasdaq: ALGT), today reported preliminary passenger traffic results for October 2009.<\/p>\n<p><strong>Scheduled Service<\/strong><\/p>\n<p>&#8211; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0  \u00a0<strong> Oct. 2009 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0   Oct. 2008  \u00a0  \u00a0  \u00a0      Change<\/strong><br \/>\nPassengers  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0                     319,980  \u00a0 \u00a0  \u00a0  \u00a0    243,715  \u00a0  \u00a0  \u00a0 \u00a0  \u00a0      31.3%<br \/>\nRevenue passenger miles (000) \u00a0 \u00a0 \u00a0           296,334 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0     217,330  \u00a0 \u00a0  \u00a0  \u00a0  \u00a0      36.4%<br \/>\nAvailable seat miles (000) \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0  \u00a0 330,902 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0     238,305 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 \u00a0 \u00a0       38.9%<br \/>\nLoad factor  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 \u00a0 \u00a0 89.6% \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 91.2%  \u00a0 \u00a0  \u00a0 \u00a0 \u00a0  \u00a0 &#8211; 1.6 %<br \/>\nDepartures  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 2,433 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 \u00a0 1,825 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0 33.3%<br \/>\nAverage stage length (miles)  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0                907  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0  \u00a0  \u00a0  \u00a0        874 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 \u00a0 \u00a0 \u00a0        3.8%<\/p>\n<p><strong>Total System*<\/strong><\/p>\n<p><strong>&#8211; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0 \u00a0  \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Oct. 2009 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0   Oct. 2008  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0      Change<\/strong><br \/>\nPassengers \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 359,084 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 \u00a0 \u00a0 \u00a0 278,497 \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 28.9%<br \/>\nRevenue passenger miles (000) \u00a0 \u00a0 \u00a0  \u00a0  \u00a0  \u00a0           325,088 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0     248,037 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0       31.1%<br \/>\nAvailable seat miles (000) \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0  \u00a0 \u00a0  \u00a0  \u00a0 381,156  \u00a0  \u00a0  \u00a0 \u00a0 \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 284,122 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 34.2%<br \/>\nLoad factor  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 85.3%  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 \u00a0  \u00a0  \u00a0  \u00a0 87.3% \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 -2.0 %<br \/>\nDepartures \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0 \u00a0 3,079 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 2,351  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0 31.0%<br \/>\nAverage stage length (miles)  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0  \u00a0  \u00a0 832  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 \u00a0  \u00a0  \u00a0  \u00a0  \u00a0 816 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 2.0%<\/p>\n<p>*Total system includes scheduled service, fixed fee contract and non-revenue flying.<\/p>\n<p>&#8212;<\/p>\n<p>Disclosure: <a title=\"Horowitz &amp; Company\" href=\"http:\/\/www.horowitzandcompany.com\">Horowitz &amp; Company<\/a> clients may hold positions of securities mentioned as of the date published.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allegiant Air (ALGT) came with impressive numbers for October. The load factors were slightly down but we saw healthy increases in most areas as compared to 2008. Allegiant has one of the best load factors in the industry as they manage flight loads well. Yet, we also looked deeper and saw that there is a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[224,12],"tags":[494,483,490],"class_list":["post-5453","post","type-post","status-publish","format-standard","hentry","category-long-ideas","category-markets","tag-long-ideas","tag-markets","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/5453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=5453"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/5453\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=5453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=5453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=5453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}