Allegiant reports 14% increase in October 2016 passenger traffic

Allegiant Travel Company (NASDAQ: ALGT) has reported revenue passenger miles (RPMs) in October 2016 of 783,223, compared to 686,105 RPMs in October 2015, an increase of 14.2 percent, the company said.

Passenger traffic in October 2016 was 876,713, compared to 743,443 in October 2015, an increase of 17.9 percent.

Available seat miles in October 2016 were 970,449, compared to 834,724 in October 2015, an increase of 16.3 percent.

Load factor in October 2016 was 80.7 percent, compared to 82.2 percent in October 2015, a decrease of 3.5 pts.

Las Vegas-based Allegiant (NASDAQ: ALGT) offers low fares on an all-jet fleet of 80 aircraft and more than 300 routes across the country.