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Allegiant Issues Bullish Q4 View on Upbeat Air-Travel Demand
ALGTAllegiant Travel(ALGT) ZACKS·2024-12-18 02:35

Allegiant Travel Company (ALGT) has unveiled encouraging fourth-quarter 2024 guidance. ALGT now anticipates its fourth-quarter capacity (measured in available seat miles) for scheduled service to increase 1.8% on a year-over-year basis. This marks an improvement from the prior expectation of 1.5%.Total system ASM is now projected to gain 1.9% on a year-over-year basis (prior view: up 1.5%).Operating margin is now expected to increase in the 13-14% range, which marks an improvement over the prior forecast of ...