Allegiant Travel Company (ALGT) reported disappointing traffic numbers for January 2024. Scheduled traffic (measured in revenue passenger miles) fell 2.3% from January 2023 levels. Capacity (measured in available seat miles) for scheduled service improved 0.6% from January 2023 reading. The load factor (percentage of seats filled by passengers) in January 2024 was 80.7%. Total departures (scheduled services) fell 0.8% in January 2024 from its year-ago levels. However, its average stage length (miles) improv ...