ALLEGIANT REPORTS AUGUST 2011 TRAFFIC
Las Vegas, September 6, 2011/ GLOBENEWSWIRE -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for August 2011.
Scheduled Service
Passengers
Revenue passenger miles (000) 439,408 472,141 (6.9)%
Available seat miles (000)
Load factor
Departures
Average stage length (miles)
Passengers
Revenue passenger miles (000) 462,146 492,000 (6.1)%
Available seat miles (000)
Load factor
Departures
Average stage length (miles)
*Total system includes scheduled service, fixed fee contract and non-revenue flying.
Preliminary Financial Results
July 2011 actual year-over-year
scheduled revenue per ASM (PRASM) change 24.1%
July 2011 actual year-over year
scheduled total revenue per ASM (TRASM) change 20.2%
August 2011 estimated year-over-year PRASM change 20.2 to 20.6%
August 2011 estimated year-over-year TRASM change 15.3 to 15.7%
August 2011 estimated average fuel cost per gallon - system $3.12
August 2011 estimated average fuel cost per gallon - scheduled $3.32
Guidance
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ASMs - Available seat miles
About the Company
Las Vegas-based Allegiant Travel Company (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla. Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel-related services. In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week's Top Performing Airline study and ranked 25 on FORTUNE magazine's Fastest-Growing Companies list. ALGT/G
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For further information please visit the company's investor website: http://ir.allegiant.com