Allegiant Travel Company (ALGT) recently reported encouraging traffic numbers for July 2025. Scheduled traffic (measured in revenue passenger miles) rose 10.3% from the July 2024 levels. Capacity (measured in available seat miles) for scheduled service rose 11.5% year over year. Although traffic improved on a year-over-year basis, it failed to outpace capacity expansion. As a result, the load factor (percentage of seats filled by passengers) in July 2025 declined to 86.6% from 87.5% a year ago.Total departu ...