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|ALLEGIANT REPORTS MAY 2011 TRAFFIC HIGHEST MAY PRASM AND TRASM IN THE COMPANY’S HISTORY|
|News Releases - Travel & Tourism|
|Written by Jordan McGee|
|Tuesday, 07 June 2011 11:24|
Las Vegas, June 6, 2011/GLOBENEWSWIRE -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for May 2011.
Revenue passenger miles (000) 387,091 419,073 (7.6%)
Available seat miles (000) 420,002 455,062 (7.7%)
Average stage length (miles) 873 908 (3.8%)
Revenue passenger miles (000) 411,038 441,597 (6.9%)
Available seat miles (000) 466,664 502,350 (7.1%)
*Total system includes scheduled service, fixed fee contract and non-revenue flying.
Preliminary Financial Results
April 2011 actual year-over-year
scheduled passenger revenue per ASM (PRASM) change 23.9%
April 2011 actual year-over year
scheduled total revenue per ASM (TRASM) change 20.4%
May 2011 estimated year-over-year PRASM change 34.6 – 35.0%
May 2011 estimated year-over-year TRASM change 26.7 – 27.1%
May 2011 estimated average fuel cost per gallon – system $3.20
May 2011 estimated average fuel cost per gallon – scheduled $3.47
ASMs – Available seat miles
About the Company
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.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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