Allegiant Travel (ALGT) said Monday that its preliminary total system passenger traffic for March increased by 14% year over year to 1.9 million passengers.
Total system available seat miles rose by 20% from a year earlier, while departures increased by almost 20%, the travel company added.
For Q1, the company said total system passengers increased 8.4% year over year to nearly 4.5 million. Total system available seat miles rose by 14% and departures increased by 13.7%, the company said.
Allegiant said its estimated average fuel cost was $2.52 per gallon for March and $2.61 per gallon for Q1.
Shares of the company were down 2.4% in early trading Monday.
Price: 43.10, Change: -1.07, Percent Change: -2.41
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