Allegiant Travel Plans 15.5% Capacity Boost in 2025

Published 1 days agoALGT

Allegiant Travel Plans 15.5% Capacity Boost in 2025

Allegiant Travel Company has unveiled plans to increase its flight capacity by 15.5% for the second quarter of 2025. This strategic move comes as the company focuses on ramping up its operational efficiency. As part of these efforts, Allegiant intends to refine flight schedules, optimize aircraft use, and cut down operational expenses.

Detailed in their latest announcements, Allegiant will proceed with a significant fleet upgrade by integrating 50 new Boeing 737 MAX aircraft, slated for delivery through 2027. This enhancement is expected to bolster fuel efficiency and operational reliability. Furthermore, Allegiant has transitioned to using third-party software such as SAP for accounting and Trax for maintenance, aiming to streamline operations efficiently, as reported by Fintel.io.

Allegiant's recent financial performance showcased challenges, with a GAAP diluted loss per share of $(12.00) in the fourth quarter of 2024, affected by a one-time impairment charge. On an adjusted basis, earnings were $2.10 per share. The company currently operates 533 routes across 86 origination cities, with plans to add 44 new routes in 2025. Despite market fluctuations, with its stock price currently at $49.41, the company remains committed to expanding its network and enhancing its operational strategies.

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