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Allegiant Travel sees Q4 system ASMs up 6%-10%

Allegiant Travel announced a correction to its Q4 scheduled and system available seat miles, or ASMs, guidance. Q4 scheduled ASMs are expected to increase between 10%-14% percent, while Q4 system ASMs are expected to increase 6%-10%. The numbers were revised after it was determined that there was an error in the process used to forecast scheduled ASMs. The departure forecast was not affected by this error and remains unchanged.