SOURCE: Allegiant Travel Company

Allegiant Travel Company

December 04, 2014 20:19 ET

Allegiant Reports November 2014 Traffic

LAS VEGAS, NV--(Marketwired - December 04, 2014) - Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2014.

Scheduled Service

           
  Nov 2014  Nov 2013  Change  
 Passengers 616,038  544,964  13.0 %
 Revenue passenger miles (000) 579,487  527,665  9.8 %
 Available seat miles (000) 676,756  624,727  8.3 %
 Load factor 85.6 %84.5 %1.1 pts
 Departures 4,330  3,903  10.9 %
 Average stage length (miles) 917  943  (2.8 )%
           

 Total System*

           
  Nov 2014  Nov 2013  Change  
 Passengers 631,183  557,886  13.1 %
 Revenue passenger miles (000) 593,400  538,333  10.2 %
 Available seat miles (000) 702,993  647,875  8.5 %
 Load factor 84.4 %83.1 %1.3 pts
 Departures 4,566  4,128  10.6 %
 Average stage length (miles) 903  926  (2.5 )%
       

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results

     
  Change  
Oct 2014 actual year-over-year    
 Scheduled revenue per scheduled ASM (PRASM) change (2.5 )%
Oct 2014 actual year-over-year    
 Scheduled total revenue per scheduled ASM (TRASM) change 0.1 %
     
     
Nov 2014 estimated year-over-year PRASM change 5.3% to 5.7 %
Nov 2014 estimated year-over-year TRASM change 6.6% to 7.0 %
     
  $ per gallon  
Nov 2014 estimated average fuel cost per gallon - system $2.64  
Nov 2014 estimated average fuel cost per gallon - scheduled $2.67  
   

Guidance

     
Capacity guidance, subject to revision Year over Year Growth  
  Departures  ASMs  
December 2014       
 Scheduled +4 %+4 %
        
4th Quarter 2014       
 System +11 to 13 %+9 to 11 %
 Scheduled +11 to 13 %+9 to 11 %
        
1st Quarter 2015       
 System +3 to 7 %0 to 4 %
 Scheduled +3 to 7 %0 to 4 %
      

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: ir.allegiant.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.

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