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Allegiant could fly 20% more capacity than pre-pandemic levels in H2 2021

Allegiant is projecting capacity growth in the second quarter of 2% to to 6% compared to 2019 levels. During the back half of 2021, the airline said it could possibly fly 20% more capacity than 2019. The airline had a fleet of 100 Airbus A320 family aircraft at the end of the first quarter, and expects to end the the year with 108 aircraft. Its fleet of 186-seat A320s will increase from 39 to 54, and its fleet of 177-seat A320s will fall from 26 to 19. Allegiant’s fleet of 156-seat A319s will remain stable at 35 aircraft. During the first quarter, Allegiant inducted three used Airbus narrowbodies at “an average all in price at $16.5 million per tail,” CFO Gregory Anderson said.

Allegiant Travel Co (ALGT) Q4 2020 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by and welcome to the Q4 2020 Allegiant Travel Company Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker for today, Sherry Wilson. You may begin. Sherry Wilson Director, Investor Relations Thank you, Towanda. Welcome to the Allegiant Travel Company s Fourth Quarter and Full Year 2020 Earnings Call. On the call with me today are Maury Gallagher, the company s Chairman and Chief Executive Officer; John Redmond, the company s President; Greg Anderson, our EVP and Chief Financial Officer; Scott Sheldon, our EVP and Chief Operating Officer; Scott DeAngelo, our EVP and Chief Marketing Officer; Drew Wells, our SVP of Revenue and Planning; and a handful of others to help answer questions.

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