Travel & Tourism
Braley Announces New Train Set for Dubuque Intercity Rail Line PDF Print E-mail
News Releases - Travel & Tourism
Written by Alexandra Krasov   
Tuesday, 26 July 2011 13:31

Washington, DC – Today, Congressman Bruce Braley (IA-01) announced that Dubuque, Iowa will receive a new intercity passenger train set from the $268 million in passenger rail funds awarded to six Midwestern states earlier this year.

“This train set will provide better service for thousands of passengers on the Dubuque to Chicago line,” said Rep. Braley. “Passenger rail is critical to the continued economic development of the region. This is one more step to create jobs in the short term and put Iowa’s economy back on track.”

The award allowed for the purchase of 7 train sets for 8 corridors in Iowa, Illinois, Indiana, Missouri, Michigan and Wisconsin.  These new trains sets will be able to travel up to speeds of 125 mph to comply with the PassengerRail Investment and Improvement Act of 2008. The new equipment is set to replace aging Amtrak equipment and increase capacity, improve operational reliability and reduce operating costs.

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Braley Announces $131,100 for Independence Airport PDF Print E-mail
News Releases - Travel & Tourism
Written by Alexandra Krasov   
Friday, 22 July 2011 22:24

Washington, DC – Today, Congressman Bruce Braley (IA-01) announced a $131,100 grant for the City of Independence. The grant will go towards buying new snow removalequipment for the Independence Municipal Airport.

“This grant money will help the Independence airport ensure the safety of passengers and employees,” Rep. Braley said. “Whether traveling for business or family vacation, Iowans rely on their community airports to be safe, secure and reliable. It’s critical we give Iowa’s airports the tools they need to prepare for all weather conditions and provide the safest and most efficient service to their customers.”

The federal grant isdistributed through the Federal Aviation Administration (FAA).

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Vacationing on a Shoestring PDF Print E-mail
News Releases - Travel & Tourism
Written by Joy Venhorst   
Monday, 18 July 2011 12:10

When the days get longer and the weather gets warmer, many people want to take a break from their normal routine. Whether you’re planning a week-long vacation or long weekend, planning a fun getaway doesn’t have to be expensive. It is possible to take a vacation even during tough economic times. Below are some tips to save money on summer vacations:

• Start your planning with vacation goals and a budget. What would you like to do during your vacation? Relax on a beach or “see the sights” somewhere? The destination, planned activities, and length of a vacation will greatly affect the cost.

• To reduce the cost of vacation meals on road trips, plan to eat only one meal out a day, if possible. Pack foods such as granola bars, canned or dried fruits, and canned juices for breakfast, or select hotels that include a free continental breakfast. Many resorts and hotels offer deals (e.g., free breakfast, free Internet access, amusement park discounts, etc.) to attract visitors, especially in tough economic times.

• Another alternative is to pack some food in a cooler (or buy it when you arrive at your destination), and stay at hotels with a refrigerator and/or microwave oven in the room. The availability of a refrigerator and microwave lets you bring home "doggie bags" from a restaurant or order take-out food rather than a sit-down meal. Pack a few re-sealable food storage bags or plastic containers in your luggage.

• To keep food and beverages cold, freeze water in a cleaned milk jug. The frozen water will thaw slower than ice cubes, take up less space in a cooler, and keep things dry.

• On days that you must eat a meal out, consider dining out at lunchtime rather than dinner as the cost is often less. Beverages can add to the cost, so consider sticking with complimentary water. Consider sharing an entree, but check first to see if there is an additional charge for shared meals. Also, rather than order individual desserts at a restaurant, you may want to decide together on a shared dessert item such as a pie you can pick up at the supermarket to enjoy afterward.

• Additionally, some people save money by sharing vacation spots and expenses (including food) with family and/or friends, such as renting a multi-room condo or cottage and sharing the cost.

• In some areas, entertainment books or tourist guidebooks are full of coupons to save money on food such as buy-one/get-one-free meals or $5 off a meal for two.

• Look for deals on airfare through Web sites such as www.kayak.com or from the “last minute deals” links on airline Web sites. Cheaper modes of travel may be to drive your own car or a rental car or take a train or bus if your destination is fairly close. Amtrak offers discounts on train fare to AAA members who book their trips in advance. College students may qualify for discounted airfares on Web sites like www.studentuniverse.com.

• If money is tight, become a “local tourist.” Visit your home county and/or state historical sites and learn about your heritage. Plan “daycations” (i.e., inexpensive one-day trips) and “staycations” (i.e., vacations at or near home) in lieu of vacation travel to distant areas. Focus on doing fun things together as a family or group of friends, no matter where the location.

• Look for discounts at resorts, theme parks, plays, museums, etc. Especially during economic downturns, entertainment providers may offer “deals” to attract customers.

• Shop around each time you take a vacation. Compare at least 3 competing product and service providers; e.g., car rental companies. Remember that, just because one company had the best deals once, doesn’t mean that they always will.

• Make friends with “pet-friendly” neighbors. Trading pet-sitting services will eliminate the cost of kenneling a pet from your vacation budget.

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Governor Signs Legislation to Boost Electric Vehicle Usage in Illinois PDF Print E-mail
News Releases - Travel & Tourism
Written by Andrew Mason   
Monday, 11 July 2011 13:35

Laws Will Help Car-Sharing Organizations to Purchase Electric Vehicles; Explore Ways to Increase Electric Vehicles Usage  

CHICAGO – July 9, 2011. Governor Pat Quinn today signed two bills into law that will encourage greater use of electric vehicles in Illinois. Together, these new laws will promote the use of energy efficient vehicles, help reduce emissions produced by gasoline-powered vehicles, and support the development of advanced electric vehicle technology.   

   

“We must do everything we can to encourage sustainable and affordable transportation,” said Governor Quinn. “By expanding the use of electric cars, we are creating high-tech jobs, saving consumers money and protecting our environment.”  

   

House Bill 2903, sponsored by Rep. Ann Williams (D-Chicago) and Sen. Heather Steans (D-Chicago), establishes a grant program that will help eligible car-sharing organizations purchase and use electric cars in their fleets. Car-sharing organizations are membership-based services that allow members to drive cars by the hour, which takes cars off of the roads and benefits our environment.   

   

The new law authorizes the Illinois Environmental Protection Agency (IEPA) to make grants of up to 25 percent of a project’s total cost to eligible car-sharing organizations for the purchase of electric vehicles for their fleets. These vehicles must be registered in Illinois, and remain registered in Illinois for at least five years after the purchase. House Bill 2903 takes effect immediately.  

   

The grants will be funded through the Alternate Fuels Fund, which currently provides rebates to Illinois vehicle owners who use renewable fuels, such as 85 percent ethanol blend fuel, or up to $4,000 for the cost of certain electric-powered vehicles. For more information regarding the fund, visit www.illinoisgreenfleets.org.  

   

“Promoting the use of electric cars boosts our efforts to encourage the use of alternate fuels, which will help improve our environment for years to come,” said IEPA Interim Director Lisa Bonnett.    

   

House Bill 2902, sponsored by Rep. Williams and Sen. Susan Garrett (D-Chicago), creates the Illinois Electric Vehicle Advisory Council, which will explore and recommend strategies to encourage the use of electric vehicles. The new law takes effect immediately.  

 

"This package of bills is designed to promote and expedite the continued development of the electric car industry in Illinois. We are making important strides forward by increasing the number of environmentally-friendly transportation options for the average Illinoisan," said Rep. Williams. "This is really just the beginning."

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ALLEGIANT REPORTS JUNE 2011 TRAFFIC PDF Print E-mail
News Releases - Travel & Tourism
Written by Jordan McGee   
Friday, 08 July 2011 12:25

Las Vegas, July 7 2011/ GLOBENEWSWIRE -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for June 2011.

Scheduled Service

                                                                 June 2011 June 2010 Change

Passengers                                           540,769        528,187             2.4%

Revenue passenger miles (000)            483,644        479,889             0.8%

Available seat miles (000)                    523,523        516,712             1.3%

Load factor                                               92.4%           92.9%          (.5) pts

Departures                                                3,981            3,867             2.9%

Average stage length (miles)                        877               891          (1.6)%

 

                                                                 June 2011 June 2010 Change

Passengers                                          1,462,126     1,468,939          (0.5)%

Revenue passenger miles (000)           1,323,051     1,356,693          (2.5)%

Available seat miles (000)                    1,438,659     1,477,455          (2.6)%

Load factor                                                 92.0%           91.8%            .2 pts

Departures                                                  10,789          10,824          (0.3)%

Average stage length (miles)                           889               910          (2.3)%

Total System*

                                                                  June 2011 June 2010 Change

Passengers                                               574,799        553,780             3.8%

Revenue passenger miles (000)                509,834        502,812             1.4%

Available seat miles (000)                        570,254        559,377             1.9%

Load factor                                                   89.4%           89.9%          (.5) pts

Departures                                                    4,557            4,382             4.0%

Average stage length (miles)                            836               857          (2.4)%

 

                                                                  June 2011 June 2010 Change

Passengers                                             1,559,619     1,542,110             1.1%

Revenue passenger miles (000)               1,401,610     1,418,387          (1.2)%

Available seat miles (000)                        1,576,791     1,601,126          (1.5)%

Load factor                                                    88.9%           88.6%            .3 pts

Departures                                                    12,430          12,364             0.5%

Average stage length (miles)                              848               869          (2.4)%                        

*Total system includes scheduled service, fixed fee contract and non-revenue flying.

Preliminary Financial Results

Change

May 2011 actual year-over-year

scheduled revenue per ASM (PRASM) change                                  35.0%

May 2011 actual year-over year

scheduled total revenue per ASM (TRASM) change                          27.1%

 

June 2011 estimated year-over-year PRASM change                    24.3 to 24.7%

June 2011 estimated year-over-year TRASM change                   18.5 to 18.9%

 

June 2011 estimated average fuel cost per gallon – system                      $3.16

June 2011 estimated average fuel cost per gallon – scheduled                $3.39

 

2Q11 estimated year-over-year PRASM change                           27.0 to 27.4%

2Q11 estimated year-over-year TRASM change                         21.4 to 21.8%

 

2Q11 estimated average fuel cost per gallon – system                         $3.22

2Q11 estimated average fuel cost per gallon – scheduled                        $3.46

Guidance

 

Capacity guidance, subject to revision

Year over Year Growth

 

Departures

ASMs

July 2011

 

 

Scheduled

(4)%

(1)%

 

 

 

3rd Quarter 2011

 

 

System

(7) to (3)%

(5) to (1)%

Scheduled

(8) to (4)%

(5) to (1)%

 

 

 

4th Quarter 2011

 

 

System

+3 to 7%

+5 to 9%

Scheduled

+1 to 5%

+5 to 9%

 

 

 

 

 

ASMs – Available seat miles

 

Cost and revenue guidance, subject to revision

 

 

Cost guidance

 

 

2nd Quarter 2011

Cost per available seat mile excluding fuel (CASM-ex fuel) – year over year growth

+21 to 23%

 

 

Fixed fee and other revenue guidance

 

 

2nd Quarter 2011

Fixed fee revenue and other revenue (millions)

$11 to $13

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

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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