Las Vegas, June 6, 2011/GLOBENEWSWIRE -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for May 2011.

Scheduled Service

                                             May 2011     May 2010     Change

Passengers                               433,329        456,673          (5.1%)

Revenue passenger miles (000)   387,091        419,073          (7.6%)

Available seat miles (000)           420,002        455,062          (7.7%)

Load factor                               92.2%           92.1%          0.1 pts

Departures                                 3,206            3,341          (4.0%)

Average stage length (miles)            873               908          (3.8%)

Total System*

                                             May 2011      May 2010     Change

Passengers                               464,983        483,016          (3.7%)

Revenue passenger miles (000)   411,038        441,597          (6.9%)

Available seat miles (000)            466,664        502,350          (7.1%)

Load factor                                 88.1%           87.9%          0.2 pts

Departures                                  3,785            3,930          (3.7%)

Average stage length (miles)            825               859          (3.9%)                        

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

Preliminary Financial Results

Change

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

 

Guidance

 

Capacity guidance, subject to revision

Year over Year Growth

 

Departures

ASMs

June 2011

 

 

Scheduled

1%

1%

 

 

 

2nd Quarter 2011

 

 

System

(3) to (1)%

(3) to (1)%

Scheduled

(3) to (1)%

(4) to (2)%

 

 

 

3rd Quarter 2011

 

 

System

(7) to (3)%

(4) to 0%

Scheduled

(8) to (4)%

(6) to (2)%

 

 

 

Revenue guidance, subject to revision

 

 

 

 

2nd Quarter 2011

Estimated PRASM change - year over year growth

+25 to 27%

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

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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Partnership will Include Advisory Group to Study New Illinois High-Speed Rail Line

CHICAGO - June 2, 2011. Governor Pat Quinn today announced a partnership between the University of Illinois, the Illinois Department of Transportation and a special advisory group to study the feasibility of 220-mph passenger rail service between Chicago, Urbana-Champaign and beyond. The study will complement the ongoing construction of a regional 110-mph network that will connect Chicago to 40 cities in the Midwest, while supporting Governor Quinn's vision to create jobs, enhance regional mobility and improve the environment by expanding passenger rail in Illinois.

"Illinois is leading the nation with our work to expand high-speed and passenger rail," said Governor Quinn. "This study will provide greater insight into how we can make 220-mph rail service a reality. An expanded and improved rail network will boost our position in the global economy and create thousands of jobs."

The study will explore the potential costs and benefits of establishing 220-mph service between O'Hare International Airport, downtown Chicago, McCormick Place, and Champaign-Urbana. It will also look at extending the corridor in the region to cities south of Champaign-Urbana, including St. Louis and Indianapolis.

Leading the study will be University of Illinois at Urbana-Champaign professor Christopher P.L. Barkan, director of the school's railroad engineering program and one of the nation's top rail scholars. Contributing will be University of Illinois at Chicago Urban Transportation Center director Stephen Schlickman, former executive director of the Regional Transportation Authority. Their findings, made possible through a $1.25 million contribution from the Illinois Jobs Now! capital program, is expected to be complete and presented to Governor Quinn in late 2012.

"I'm delighted that the University of Illinois can lend its vast expertise to this crucial study, and I'm grateful to the governor and other leaders in the state for their support of this important work," said University of Illinois President Michael Hogan. "High-speed rail is transformational in its effect on economic development, personal mobility and on our society, in general. It's an idea that is well worth a hard look. The benefits to the University of Illinois alone cannot be overstated."

In addition to offering corridor location recommendations, the study will offer estimated ridership projections, economic impacts, construction costs and financing options. Assisting in the effort will be an advisory group composed of transportation experts, rail advocates, labor leaders, and regional planners who will provide input during the course of the study.

The members of the special advisory group include :

  • State Senator Martin Sandoval (D-Chicago)
  • State Representative Elaine Nekritz (D-Northbrook)
  • Rick Harnish, Midwest High Speed Rail Association
  • Kevin Brubaker, Environmental Law & Policy Center
  • Joan Murphy, Cook County Commissioner (6th)
  • Bob Guy, United Transportation Union
  • J.D. Ross, Regional Transportation Authority Board of Directors
  • MarySue Barrett, Metropolitan Planning Council
  • Jack Guthman, Shefsky & Froelich Ltd

          Governor Quinn and IDOT broke ground last year on the state's signature high-speed line between Chicago and St. Louis. Speeds of 110-mph along parts of the corridor will be reached as early as next year.  A completed Midwest network will create over 57,000 jobs, including 24,000 in Illinois. In addition to Chicago-St. Louis, the Obama Administration has provided funding for the Chicago to Iowa City via the Quad Cities and Chicago to Detroit corridors. Last month, the U.S. Department of Transportation also awarded additional funding to expand the Midwest's new equipment fleet with modern, domestically-built locomotives and railcars.

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Local thespians celebrate lives of Galenians during 18th annual walk

GALENA, Ill. - Eight former residents of Galena will present their riveting stories in live theatre format on Saturday and Sunday, June 11 and 12, at Greenwood Cemetery, Gear St., Galena. Guided 75-minute tours will step out every 20 minutes between the hours of 2 and 4:30 p.m. during the Galena-Jo Daviess County Historical Society's 18th annual Cemetery Walk. An indoor "seated" performance at 8 p.m. on Saturday, June 18, will be held at Grace Episcopal Church.

"Greenwood Cemetery is a link to our past...like an open history book," said Ronn Toebaas, producer and director, who has assembled an outstanding cast of local actors to bring these wonderful stories to life.

Personalities profiled are: John and Mary Packard, a Galena entrepreneur and his wife who amassed a vast fortune through the production and sale of axle grease; Adele Gratiot Washburne, the first white child born in Galena, who later married the powerful politician Elihu B. Washburne and spent years living abroad when her husband was appointed Minister to France; Samuel Simpson Grant, younger brother to Ulysses, who was working in the Grant Leather Store at the time Ulysses arrived in Galena; Herman Kohlsaat and Nancy Baker, a powerful newspaper mogul who as a child befriended Mrs. Baker who made wonderful cookies (in subsequent years he brought noted dignitaries to her doorstep to sample her gingersnaps); Sarah Coates Harris, a progressive thinking Galena physician and lecturer who spoke eloquently on female anatomy, plant taxonomy, temperance, and a woman's right to vote (she was married to riverboat captain and early Galena entrepreneur Daniel S. Harris); and Mathias Meller, an immigrant from Germany who was one of Galena's most successful beer brewers.

Local actors portraying the Galenians include Ron and Kris Chapman, Jim Clark, Steve Coates, Carmen Ferguson, Deb Hyland, Carole Sullivan and Ted Williams. Historical research for the script was provided by local historians Scott Wolfe and Kris Chapman. Jenni Ackerman is coordinating the period costuming. Bryan Ackerman is Stage Manager in charge of technical direction.

Tickets are $12 per person for the guided theatrical tour and are available onsite the day of the performances or at the Galena History Museum, 211 S. Bench St., in advance. The performances are suitable for all ages; kids under 6 are free. No reservations are necessary; small groups will be formed on a first-come, first-served basis.

The addition of a performance the following Saturday evening, June 18, is recognition that some guests may have difficulty navigating the rolling cemetery terrain and paths. Weather and daytime work schedules sometimes prevent attendance as well, so a "seated" indoors performance is a welcome addition. Guests may enjoy the performance from a comfortable pew - also for $12 per person - at 8 p.m. at Grace Episcopal Church, 309 Hill St., Galena.

The event is hosted by the Galena-Jo Daviess County Historical Society. Major sponsors include Vincent Monuments, US Bank, McCoy Insurance and Real Estate, and Merkle International. For more event information or to purchase tickets, contact the Museum at 815-777-9129 or visit www.galenahistorymuseum.org. For information about room availability, shopping, dining, attractions, events and more, go to www.galena.org, the Web site of the Galena/Jo Daviess County Convention & Visitors Bureau, or call 877-464-2536 toll-free.

#          #          #

The Pontiac-Oakland Auto Museum will open to the public on July 23, 2011.  However, due to numerous requests by local, state, and national media outlets for access to the new museum prior to the official opening, we are allowing special press-only access to the museum between July 11th and July 16th.

Reporters, film crews, and still photographers are welcome to come to see the museum and meet with Tim Dye, the director of the museum, as well as with city officials, including Pontiac Mayor Robert Russell.

Although the museum will not be 100% complete at that time, we anticipate that over 90% of the artifacts, classic and antique cars, library materials, and other displays will be in place and ready for viewing.  Members of the press will be able to spend time seeing the collection as well as learning more about the Oakland and Pontiac brands, and the genesis of the museum project.

It is expected that the new museum will draw thousands of visitors each year to our city.  Among the thousands of items in the collection to be displayed are:

  • 15 classic Oakland and Pontiac cars, and a horse buggy, dating back to the 1890's
  • Over 300 linear feet of print materials in a resource library
  • Dealer sales training films, pamphlets, and guides
  • Over 2,000 gas station road maps from the 1930s, '40s, '50s, and '60s.
  • Pontiac Car promotional items - signs, buttons, awards, etc.
  • Over 2,000 oil cans and a marvelous collection of gasoline-related artifacts

The new museum joins the growing list of attractions in Pontiac, including the Route 66 Association of Illinois Hall of Fame and Museum, the International Walldog Mural and Sign Art Museum, the Livingston County War Museum, Looking for Lincoln Heritage sites, and the city's 21 colorful, outdoor murals.  Over the last few years, Pontiac has risen to become one of the state's most popular tourist destinations.  The number of visitors who come to our city has been increasing by nearly 20% each of the last three years.  We anticipate that the new museum will help us to continue that trend.

If you are interested in coming to preview the museum and/or interview Tim, Penny, or any of our city officials, please contact us and we will set things up to best meet your needs.  I can be reached by phone at (800) 835-2055, and by email at: tourism@pontiac.org.

Tour the blossoming gardens and lush terrain during the specialty tour? Brucemore in Bloom, Tuesday, June 7 and Thursday, June 9 at 6:00 p.m., and Saturday, June 11 at 9:30 a.m. During the 90-minute tour, the Brucemore garden staff will trace the development of the gardens from the original plan conceived by prominent landscape architect O.C. Simonds to the integration of function, recreation, and entertainment in Mrs. Douglas' vision for the country estate in the 1930s. View current plants and landscape techniques that continue to help preserve the historically accurate prairie style design by Simonds.

Admission is $10 per person and $7 per Brucemore member. Space is limited. Advance ticket purchase required. Call (319) 362-7375 or visit the Brucemore Store to purchase tickets.

Brucemore, Iowa's only National Trust Historic Site, is located at 2160 Linden Drive SE, Cedar Rapids, Iowa. The grounds are open and free to the public from dawn until dusk.

###

Washington, DC - May 10, 2011 -Today, Congressman Bruce Braley (IA-01) wrote a letter to Governor Terry Branstad urging him to work with the Republican leadership of the State House to stimulate Iowa's economy and create jobs by funding the high-speed passenger rail line from Chicago to Iowa City through the Quad Cities.

Rep. Braley helped secure $230 million in federal funding for the new Amtrak route between Chicago and Iowa City. The project now depends onGovernor Branstad and the State Legislature fulfilling the remainder of Iowa's $20 million-portion of the funding.

"I urge Governor Branstad to work with leaders of the Iowa State House to bring these jobs to Iowa," said Rep. Braley. "Now is not the time for timid policies and small politics. With this historic investment, and under Governor Branstad's leadership, our state can move forward and we can get Iowa's economy back on track."

The project is scheduled for completion in 2015 and would create 588 jobs per year for the first four years of design and construction. Once initiated, the new rail service is expected to increase business activity in the state by $25 million per year.

A copy of Rep. Braley's letter is available here: http://braley.house.gov/images/stories/Documents/Braley%20Letter%20to%20Gov.%20Branstad.pdf

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Washington, DC - May 9, 2011 - Today, Congressman Bruce Braley (IA-01) announced that Iowa will benefit from over $268 million awarded to five Midwestern states for the continued development of high speed rail lines.

This award allows for the purchase of 48 passenger rail cars and 7 locomotives for 8 corridors in Iowa, Illinois, Indiana, Missouri, Michigan and Wisconsin.  These new cars and locomotives will be able to travel up to speeds of 125 mph to comply with the Passenger Rail Investment and Improvement Act of 2008.  The new equipment will replace aging Amtrak equipment with cars that add capacity for anticipated usage, improve operational reliability and reduce operating costs.

"Today's announcement is great news for Iowans and our neighbors," Braley said. "Passenger rail is critical to the continued economic development of the region. This is one more step to create jobs and put Iowa's economy back on track."

In October, the Department of Transportation awarded $230 million in federal funding for a new Amtrak route between Chicago and Iowa City through the Quad Cities. The project is scheduled for completion in 2015 and will create 588 jobs per year for the first four years of design and construction.  Once initiated, the new rail service is expected to increase business activity by $25 million per year.

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The fifth annual Red Carpet Corridor Festival happens this coming Saturday and Sunday.  The festival, which celebrates the history of Route 66, will run along the 90-mile stretch of the road from Joliet to Towanda.  Each of the 12 communities along this part of the Mother Road will hold its own series of special events.  Festival travelers are encouraged to pick up a Red Carpet Corridor Passport at their first stop along the road to find a listing of what each town is doing.

There will be car shows, motorcycle shows, live music, bake sales, flea markets, garage/yard sales, an art show, lawnmower races, a model railroad display, plenty of special events for the kids, food vendors, and much, much more.  Joliet is featuring a celebration of the very first Dairy Queen in that city.  Wilmington has dedicated its festival to all things Elvis.  Braidwood  will feature a scavenger hunt, special Mother's Day activities, and live entertainers.   Godley offers the NASCAR experience and a Touch-a-Truck for kids.

Braceville will offer a bake sale, Gardner a 5-K fun run on Sunday, and Dwight will feature garage sales, sidewalk chalk art, and more.   Odell's historic 1932 Standard Oil gas station will serve as its festival center, and Pontiac has an art sale, a sneak peak at the new Pontiac Oakland Automobile Museum & Resource Center, the painting of the Bob Waldmire Memorial Mural, and the opening of the Waldmire School Bus Mobile Home as the highlights of its weekend of events.

Chenoa will stage a carnival and live entertainers, Lexington will host a tractor and motorcycle show on Saturday, and Towanda will hold their 2nd annual lawnmower races along with other entertainments.

Each city has much more going on than can be mentioned here, so festival goers should be sure to pick up a passport for a full schedule of events and hours.

More information on each town's festival events can also be found online at: http://www.il66redcarpetcorridor.org.  Festival flyers are available at each of the Pontiac museum or at City Hall.

ROCK ISLAND COUNTY, IL? April 12, 2011? Rock Island County is known for its quality of life and thriving economic climate to many who call it home or do business here, but now a series of online videos is letting the rest of the world in on the secret via a Video TourBook on the county's official website: (http://www.rockislandcounty.org/)

Featured are 10 one minute professionally produced videos covering a range of topics, including Arts and Entertainment, Business and Industry, and Tourism and Things to Do, as well as a welcome with an on camera introduction by County Board Chairman James E. Bohnsack.

The videos were produced in partnership with CGI Communications, an internet marketing company headquartered in Rochester, NY that produces nearly 10,000 videos and other products a year for municipalities, chambers of commerce, professional trade associations and private sector businesses throughout North America.

The Rock Island Video TourBook, which was produced free of charge, features the logos and videos of the local businesses that are sponsoring the project. As the county's web site holds the #1 position in Google during a search for "Rock Island County", each business is receiving potential exposure from prospective residents, visitors and businesses from around the world.

"The County is hoping to use the videos as a marketing tool to entice businesses and residents to make their home in a Rock Island community, "says County Board Chairman Bohnsack.

The Rock Island County Video TourBook is also accessible via CGI's Facebook page

(http://www.facebook.com/cgicommunications), which gives the County additional exposure.


"Whenever someone "likes" the Rock Island County's videos, everyone in that person's network will be able to see them and share them with the people in their network, "says Robin Taney, CGI's Manager of Special Projects/PR.

In 2010, CGI's community videos collectively received 28 million unique views and were shared more than a thousand times a week.

For business sponsorship opportunities, call CGI Account Executive Nicole Hunt at 1-800-398-3029 ext. 239.

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ELIZABETH, Ill. - Participate in Elizabeth's Spring Fling, approximately fifteen minutes from nearby Galena, on Saturday, May 7. Stroll through downtown Elizabeth and take part in the craft fair, food festival, sidewalk sales, children's games and rides, a Daffodil Queen pageant, petting zoo, a two-mile run and the annual (Ride the Ups and Downs) bicycle ride.

Ride the Ups and Downs is a one-day bicycle ride, not a race, which takes you though the scenic and hilly back roads of beautiful Jo Daviess County, an area untouched by glaciers thousands of years ago.

Walk to the Apple River Fort State Historic Site, 311 E. Myrtle St., for the Fire on the Frontier militia muster and encampment. Experience the fort just as it was more than 100 years ago as the local militia prepares for battle. The militia will hold a drill, fire rounds, and recruit at scheduled times throughout the day as the women and children demonstrate pioneer skills critical to their survival on the frontier. There is no charge for admission but feel free to roll up your sleeves and help the settlers with their chores.

The Chicago Great Western Railway Depot Museum, East Myrtle St., opens for the season at 11 a.m. and will continue to be open every weekend throughout October from 11 a.m. to 3 p.m. View the displays and partake in activities related to the days of yesteryear when Jo Daviess County boasted seven railroading companies.

While in Elizabeth, take a guided tour of the 1876 Banwarth House & Museum, 408 E. Sycamore St., for a real blast from the past and view the vast collection of meteorites, preserved by the Planetary Studies Foundation, on display. Throughout the afternoon, join a demonstration on how to use your telescope for nighttime viewing, as well as learn about other various types of telescopes.

For more information about Elizabeth's Spring Fling, visit their Web site at http://villageofelizabeth.pbworks.com/w/page/38455610/Spring-Fling or www.elizabeth-il.com.

For information about room availability, shopping, dining, attractions, events and more, go to www.galena.org, the Web site of the Galena/Jo Daviess County Convention & Visitors Bureau, or call 877-464-2536 toll-free.

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