Allegiant Reports September 2017 Traffic
Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September 2017 and third quarter 2017.
"In September, Hurricane Irma significantly impacted operations throughout our Florida network," stated Scott Sheldon, EVP, chief financial officer and chief operating officer. "From September 6–12 we cancelled more than 455 flights, which represents over eight percent of our scheduled departures during the month and approximately two percent of planned ASM production during the quarter. Despite the loss in scheduled flying, our TRASM results were minimally impacted. However, the loss in planned ASMs and costs associated with the cancellations added about one percentage point to our CASM ex fuel for the quarter."