Allegiant Air 'cautiously optimistic' about recovery and return to 'normal' operations: CEO

24 June, 2020

Allegiant Travel Company chairman and CEO Maurice Gallagher Jr reported (23-Jun-2020) Allegiant Air has "led the industry in percentage of schedule available for sale and flown" during the past 60 days, with approximately 77% of its schedule available for sale in May-2020. During this period, the carrier operated nearly half of its scheduled 2020 departures and operated a 47% load factor. He noted five main markets, including Punta Gorda Charlotte County Airport (US) and Destin-Fort Walton Beach International Airport, are "doing well", although Las Vegas McCarran International Airport and Orlando Sanford International Airport "have been laggards because of their delay in reopening". Less than USD500,000 in daily deficit was recorded in May-2020, including USD11.5 million in debt service. "We are cautiously optimistic about the pace of the recovery and our ability to move back to a 'normal' operation", Mr Gallagher stated. [more - original PR]