April 07, 2007

Allegiant March Traffic

Allegiant Air, which flies travelers from small cities to Las Vegas and other leisure destinations, said Thursday its March traffic rose 38.6 percent on a 37.1 percent capacity expansion.

The subsidiary of Allegiant Travel Co. said its monthly scheduled-service traffic rose to 268.1 million revenue passenger miles from 193.4 million. A revenue passenger mile is an industry unit measuring one paying passenger flown one mile.

Capacity grew to 307 million available seat miles from 223.9 million. Occupancy improved to 87.3 percent from 86.4 percent. Allegiant Travel shares rose 45 cents to close at $32.04 on the Nasdaq Stock Market.

Do I have to say it again, losing Allegiant hurt us bad. Not only the $1,000,000 from the FAA for 10,000 passengers, but it sent a message to other carriers. Believe me it is not accident that Skybus, who has kept Allegiant, is looking at Portsmouth and not ORH.

1 comment:

Anonymous said...

As the great and wise philosopher Homer Simpson once said .... "D'OH !!"

Harry Tembenis
Worcester, MA