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Allegiant Reports October 2015 Traffic


/EINPresswire.com/ -- LAS VEGAS, NV--(Marketwired - November 05, 2015) - Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for October 2015.

                                                                            
                             Scheduled Service                              
                                                                            
                                  Oct. 2015       Oct. 2014       Change    
                               --------------- -------------- --------------
Passengers                             724,562        588,853          23.0%
Revenue passenger miles (000)          669,662        546,761          22.5%
Available seat miles (000)             800,620        622,235          28.7%
Load factor                              83.6%          87.9%      (4.3) pts
Departures                               5,194          4,049          28.3%
Average stage length (miles)               903            901           0.2%
                                                                            
                                                                            
                                Total System*                               
                                                                            
                                  Oct. 2015       Oct. 2014       Change    
                               --------------- -------------- --------------
Passengers                             743,443        607,468          22.4%
Revenue passenger miles (000)          686,105        560,582          22.4%
Available seat miles (000)             834,726        652,983          27.8%
Load factor                              82.2%          85.8%      (3.6) pts
Departures                               5,516          4,365          26.4%
Average stage length (miles)               886            878           0.9%
*Total system includes scheduled service and fixed fee contract.            
                                                                            
                       Preliminary Financial Results                        
                                                                            
                                                                      Change
Sep. 2015 actual year-over-year                                             
  Scheduled total revenue per scheduled ASM (TRASM)                         
   change                                                             (7.4%)
                                                                            
Oct. 2015 estimated year-over-year TRASM change           (11.4%) to (11.0%)
                                                                            
                                                                $ per gallon
Oct. 2015 estimated average fuel cost per gallon -                          
 system                                                                $1.72
Oct. 2015 estimated average fuel cost per gallon -                          
 scheduled                                                             $1.72
                                                                            
                                                                            
                                  Guidance                                  
                                                                            
Capacity guidance, subject to revision            Year over Year Growth     
                                             Departures      ASMs           
Nov. 2015                                                                   
  Scheduled                                  +26%            +26%           
                                                                            
4th Quarter 2015                                                            
  System                                     +22 to 26%      +22 to 26%     
  Scheduled                                  +22 to 26%      +22 to 26%     
                                                                            
1st Quarter 2016                                                            
  System                                     +14 to 18%      +15 to 19%     
  Scheduled                                  +14 to 18%      +15 to 19%     
                                                                            

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/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:
Jessica Wheeler
e-mail: mediarelations@allegiantair.com

Investor Inquiries:
Chris Allen
e-mail: ir@allegiantair.com