Allegiant reports 924,316 in revenue passenger miles in October 2018

Allegiant Travel Company (NASDAQ: ALGT) has reported preliminary revenue passenger miles of 924,316 in October 2018, compared to 877,771 in October 2017, an increase of 5.3%, the company said.

Available seat miles in October 2018 were 1,116,902, compared to 1,063,793 in October 2017, an increase of 5%.

Load factor was 82.8%, compared to 82.5% in October 2017, an increase of 0.3pts.

The airline reported departures of 7,647, compared to 7,295 in October 2017, an increase of 4.8%.

Las Vegas-based Allegiant (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The airline offers industry-low fares on an all-jet fleet while also offering other travel-related products such as hotel rooms and rental cars.