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Allegiant Reports January 2015 Traffic

LAS VEGAS, Feb. 4, 2015 (GLOBE NEWSWIRE) -- Allegiant Travel Company (Nasdaq:ALGT) today reported preliminary passenger traffic results for January 2015.

Scheduled Service
Jan 2015 Jan 2014 Change
Passengers 636,219 588,781 8.1%
Revenue passenger miles (000) 616,523 586,657 5.1%
Available seat miles (000) 712,724 690,446 3.2%
Load factor 86.5% 85.0% 1.5 pts
Departures 4,476 4,181 7.1%
Average stage length (miles) 935 966 (3.2%)
Total System*
Jan 2015 Jan 2014 Change
Passengers 646,349 597,427 8.2%
Revenue passenger miles (000) 626,327 593,396 5.5%
Available seat miles (000) 736,961 707,925 4.1%
Load factor 85.0% 83.8% 1.2 pts
Departures 4,688 4,383 7.0%
Average stage length (miles) 923 945 (2.3%)

* Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results
Change
Dec 2014 actual year-over-year
Scheduled revenue per scheduled ASM (PRASM) change (3.3%)
Dec 2014 actual year-over-year
Scheduled total revenue per scheduled ASM (TRASM) change 1.8%
Jan 2015 estimated year-over-year PRASM change (4.0%) to (3.6%)
Jan 2015 estimated year-over-year TRASM change 2.2% to 2.6%
$ per gallon
Jan 2015 estimated average fuel cost per gallon – system $1.86
Jan 2015 estimated average fuel cost per gallon – scheduled $1.89
Guidance
Capacity guidance, subject to revision Year over Year Growth
Departures ASMs
February 2015
Scheduled 8% 6%
1st Quarter 2015
System +8 to 10% +4 to 6%
Scheduled +8 to 10% +4 to 6%
2nd Quarter 2015
System +12 to 16% +13 to 17%
Scheduled +12 to 16% +13 to 17%
ASMs – Available seat miles

Allegiant, Travel is our deal. ®

Las Vegas-based Allegiant Travel Company (Nasdaq:ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, Allegiant.com. The company has been named one of America's 100 Best Small Companies by Forbes Magazine for five consecutive years. In 2014, AVIATION WEEK ranked Allegiant the Top-Performing Airline in North America for the third consecutive year. For downloadable press kit, including photos, visit: http://gofly.us/FiYDS

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.

CONTACT: Allegiant Media Contact: Jessica Wheeler e-mail: mediarelations@allegiantair.com Investor Inquiries: Chris Allen e-mail:ir@allegiantair.com

Source:Allegiant Travel Company