Press Release

Allegiant Reports April 2017 Traffic

LAS VEGAS, May 4, 2017 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2017. 

 

Scheduled Service



April 2017

April 2016

Change

Passengers

1,010,779

841,785

20.1%

Revenue passenger miles (000)

922,439

793,843

16.2%

Available seat miles (000)

1,113,150

942,147

18.2%

Load factor

82.9%

84.3%

(1.4) pts

Departures

7,401

6,016

23.0%

Average stage length (miles)

898

922

(2.6%)






Total System*



April 2017

April 2016

Change

Passengers

1,024,044

851,153

20.3%

Revenue passenger miles (000)

941,044

806,763

16.7%

Available seat miles (000)

1,162,890

977,068

19.0%

Load factor

80.9%

82.6%

(1.7) pts

Departures

7,764

6,264

23.9%

Average stage length (miles)

894

918

(2.6%)

 

*Total system includes scheduled service and fixed fee contract.

 

Preliminary Financial Results




$ per gallon

April 2017 estimated average fuel cost per gallon – system


$1.80





Guidance


Capacity guidance, subject to revision

Year over Year Growth


Departures

ASMs

May 2017



            Scheduled

+16%

+12%




2nd Quarter 2017



            System

+14 to 18%

+11 to 15%

            Scheduled

+14 to 18%

+11 to 15%




3rd Quarter 2017



            System

+4 to 8%

+3 to 7%

            Scheduled

+4 to 8%

+3 to 7%





ASMs – Available seat miles



Quarterly TRASM guidance, subject to revision


2nd Quarter 2017

Current guidance

1.5 to 3.5%

            Previous guidance – April 25, 2017

1.5 to 3.5%



TRASM – Total scheduled service revenue per ASM


About Allegiant

Las Vegas-based Allegiant (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The airline offers industry-low fares on an all-jet fleet while also offering other travel-related products such as hotel rooms, rental cars and attraction tickets. All can be purchased only through the company website, Allegiant.com. Beginning with one aircraft and one route in 1999, the company has grown to over 80 aircraft and more than 300 routes across the country with base airfares less than half the cost of the average domestic roundtrip ticket. For downloadable press kit, including photos, visit: http://gofly.us/iiFa303wrtF.

ALGT/G

Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.

For further information please visit the company's investor website: http://ir.allegiantair.com

Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.

Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements are only estimates or predictions based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include our statements regarding future departure and capacity growth. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words "guidance","believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "hope" or similar expressions.

Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in the forward-looking statements. Important risk factors that could cause our results to differ materially from those expressed in the forward-looking statements generally may be found in our periodic reports filed with the Securities and Exchange Commission at www.sec.gov.  

Any forward-looking statements are based on information available to us today and we undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/allegiant-reports-april-2017-traffic-300452092.html

SOURCE Allegiant Travel Company

Allegiant Media Contact: Hilarie Grey, e-mail: mediarelations@allegiantair.com, Investor Inquiries: Chris Allen, e-mail: ir@allegiantair.com