Press Release

Allegiant Reports August 2017 Traffic

LAS VEGAS, Sept. 7, 2017 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2017. 

Scheduled Service



August 2017

August 2016

Change

Passengers

1,011,650

926,694

9.2%

Revenue passenger miles (000)

880,926

836,248

5.3%

Available seat miles (000)

1,035,099

965,939

7.2%

Load factor

85.1%

86.6%

(1.5) pts

Departures

7,247

6,549

10.7%

Average stage length (miles)

846

872

(3.0%)

 

Total System*



August 2017

August 2016

Change

Passengers

1,020,417

934,080

9.2%

Revenue passenger miles (000)

892,451

845,972

5.5%

Available seat miles (000)

1,071,445

1,006,059

6.5%

Load factor

83.3%

84.1%

(0.8) pts

Departures

7,565

6,870

10.1%

Average stage length (miles)

839

866

(3.1%)



*Total system includes scheduled service and fixed fee contract.

 

Preliminary Financial Results



$ per gallon

Aug 2017 estimated average fuel cost per gallon – system

$1.84

 

Guidance


Capacity guidance, subject to revision

Year over Year Growth


Departures

ASMs

September 2017



            Scheduled

+0%

+3%




3rd Quarter 2017



            System

+6 to 8%

+3 to 5%

            Scheduled

+6 to 8%

+3 to 5%




4th Quarter 2017



            System

+7 to 11%

+9 to 13%

            Scheduled

+7 to 11%

+9 to 13%


ASMs – Available seat miles


Quarterly TRASM guidance, subject to revision



3rd Quarter 2017

Current guidance

(0.5) to 1.5%



            Previous guidance – July 26, 2017

(0.5) to 1.5%

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 and rental cars. 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 more than 85 aircraft and 350 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.

Allegiant Media Contact:


Investor Inquiries:

Hilarie Grey


Chris Allen

e-mail: mediarelations@allegiantair.com


e-mail:ir@allegiantair.com

 

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SOURCE Allegiant Travel Company