08:13 AM EST, 12/12/2024 (MT Newswires) -- Allegiant Travel ( ALGT ) said Thursday that its preliminary total system passenger traffic for November declined by 6.5% year-over-year to about 1.2 million passengers.

Total system available seat miles slipped 0.6% year over year, while scheduled service departures decreased by 2%, the leisure travel company said.

Allegiant's estimated average fuel cost for November was $2.52 per gallon, the company said.

For Q4, the company said it now expects consolidated earnings per share, excluding special charges, of $1.75 to $2.25, compared with breakeven to $1, previously.

Allegiant shares were 1.5% higher in premarket trading.