Benzinga | Nov 9, 2021 04:34PM EST

Allegiant Clocks 29.2% Y/Y Growth In October Capacity

* Allegiant Travel Co (NASDAQ:ALGT) October 2021 total system passengers increased 4.8% to 1,192,133, versus October 2019. Total system passengers improved 51.4% year-over-year, while Available seat miles improved 29.2% Y/Y and Departures rose 28.8% Y/Y.

* Scheduled service traffic grew 7.4% vs. October 2019 and +51.2% vs. October 2020. Scheduled service capacity increased 19.6% vs. October 2019 and rose 27.8% Y/Y.

* October's scheduled service load factor was 74.7%, down 8.4% from October 2019 and up 11.6% Y/Y.

* October 2021 estimated average fuel cost per gallon -- system was $2.52.

* Price Action: ALGT shares closed higher by 0.39% at $193.51 on Tuesday.