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Allegiant Reports August 2015 Traffic

LAS VEGAS, Sept. 03, 2015 (GLOBE NEWSWIRE) -- Allegiant (NASDAQ:ALGT) today reported preliminary passenger traffic results for August 2015.


Scheduled Service
August 2015August 2014Change
Passengers 806,133 657,307 22.6%
Revenue passenger miles (000) 749,635 623,677 20.2%
Available seat miles (000) 868,017 688,798 26.0%
Load factor 86.4% 90.5%(4.1) pts
Departures 5,682 4,367 30.1%
Average stage length (miles) 894 919 (2.7)%

Total System*
August 2015August 2014Change
Passengers 816,925 666,410 22.6%
Revenue passenger miles (000) 757,478 630,519 20.1%
Available seat miles (000) 890,296 708,918 25.6%
Load factor 85.1% 88.9%(3.8) pts
Departures 5,932 4,585 29.4%
Average stage length (miles) 878 901 (2.6)%
*Total system includes scheduled service and fixed fee contract.


Preliminary Financial Results
Change
Jul 2015 actual year-over-year
Scheduled total revenue per scheduled ASM (TRASM) change (6.1%)
August 2015 estimated year-over-year TRASM change(12.2%) to (11.8%)
$ per gallon
August 2015 estimated average fuel cost per gallon – system$1.75
August 2015 estimated average fuel cost per gallon – scheduled$1.77


Guidance
Capacity guidance, subject to revisionYear over Year Growth
DeparturesASMs
September 2015
Scheduled +21% +20%
3rd Quarter 2015
System+26 to 28%+23 to 25%
Scheduled+26 to 28%+23 to 25%
4th Quarter 2015
System+21 to 26%+21 to 26%
Scheduled+21 to 26%+21 to 26%
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 four consecutive years. For downloadable press kit, including photos, visit: http://gofly.us/PBqgm.

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: 702-800-2020 e-mail: mediarelations@allegiantair.com Investor Inquiries: Chris Allen e-mail:ir@allegiantair.com

Source:Allegiant Travel Company