LAS VEGAS, NV, 2016-Apr-08 — /Travel PR News/ — Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2016.
| Scheduled Service | |||||||
| March 2016 | March 2015 | Change | |||||
| Passengers | 1,043,333 | 930,085 | 12.2% | ||||
| Revenue passenger miles (000) | 1,010,390 | 908,058 | 11.3% | ||||
| Available seat miles (000) | 1,142,024 | 1,012,030 | 12.8% | ||||
| Load factor | 88.5% | 89.7% | (1.2) pts | ||||
| Departures | 7,136 | 6,267 | 13.9% | ||||
| Average stage length (miles) | 947 | 949 | (0.2%) | ||||
| Q1 2016 | Q1 2015 | Change | |||||
| Passengers | 2,567,309 | 2,223,703 | 15.5% | ||||
| Revenue passenger miles (000) | 2,483,553 | 2,163,618 | 14.8% | ||||
| Available seat miles (000) | 2,897,951 | 2,457,705 | 17.9% | ||||
| Load factor | 85.7% | 88.0% | (2.3) pts | ||||
| Departures | 18,175 | 15,321 | 18.6% | ||||
| Average stage length (miles) | 940 | 943 | (0.3%) | ||||
| Total System* | |||||||
| March 2016 | March 2015 | Change | |||||
| Passengers | 1,052,645 | 941,830 | 11.8% | ||||
| Revenue passenger miles (000) | 1,023,248 | 918,701 | 11.4% | ||||
| Available seat miles (000) | 1,183,356 | 1,035,579 | 14.3% | ||||
| Load factor | 86.5% | 88.7% | (2.2) pts | ||||
| Departures | 7,445 | 6,511 | 14.3% | ||||
| Average stage length (miles) | 940 | 936 | 0.4% | ||||
| Q1 2016 | Q1 2015 | Change | |||||
| Passengers | 2,592,907 | 2,256,235 | 14.9% | ||||
| Revenue passenger miles (000) | 2,520,149 | 2,191,468 | 15.0% | ||||
| Available seat miles (000) | 3,001,384 | 2,526,031 | 18.8% | ||||
| Load factor | 84.0% | 86.8% | (2.8) pts | ||||
| Departures | 18,918 | 15,987 | 18.3% | ||||
| Average stage length (miles) | 935 | 929 | 0.6% | ||||
| *Total system includes scheduled service and fixed fee contract. | |||||||
| Preliminary Financial Results | ||||
| Change | ||||
| February 2016 actual year-over-year | ||||
| Scheduled total revenue per scheduled ASM (TRASM) change | (12.3%) | |||
| March 2016 estimated year-over-year TRASM change | (7.2%) to (6.8%) | |||
| Q1 2016 estimated year-over-year TRASM change | (10.9%) to (10.5%) | |||
| $ per gallon | ||||
| March 2016 estimated average fuel cost per gallon – system | $1.34 | |||
| March 2016 estimated average fuel cost per gallon – scheduled | $1.34 | |||
| $ per gallon | ||||
| Q1 2016 estimated average fuel cost per gallon – system | $1.29 | |||
| Q1 2016 estimated average fuel cost per gallon – scheduled | $1.29 | |||
| Guidance | |||||||
| Capacity guidance, subject to revision | Year over Year Growth | ||||||
| Departures | ASMs | ||||||
| April 2016 | |||||||
| Scheduled | +11% | +11% | |||||
| 2nd Quarter 2016 | |||||||
| System | +14 to 18% | +13 to 17% | |||||
| Scheduled | +14 to 18% | +13 to 17% | |||||
| 3rd Quarter 2016 | |||||||
| System | +18 to 22% | +15 to 19% | |||||
| Scheduled | +18 to 22% | +15 to 19% | |||||
| ASMs – Available seat miles | |||||||
| Cost and revenue guidance, subject to revision |
|||
| Cost guidance | |||
| 1st Quarter 2016 | |||
| Cost per available seat mile excluding fuel (CASM-ex fuel) – year over year change | (3.4) to (3.0%) | ||
| Fixed fee and other revenue guidance | |||
| 1st Quarter 2016 | |||
| Fixed fee revenue and other revenue (millions) | $14.0 to $15.0 | ||
Allegiant, Travel is our deal. ®
Las Vegas-based Allegiant (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The airline offers industry-low fares on an all-jet fleet while also offering other travel- related products such as hotel rooms, rental cars and attraction tickets. All can be purchased only through the company website, Allegiant.com. Beginning with one aircraft and one route in 1999, the company has grown to over 80 aircraft and more than 300 routes across the country with airfares less than half the cost of average domestic roundtrip ticket. For downloadable press kit, including photos, visit: http://gofly.us/YFuyb.
The following files are available for download:
Contact information
Media Inquiries:
Allegiant Media Relations
email: mediarelations@allegiantair.com
Investor Inquiries:
Chris Allen
e-mail: ir@allegiantair.com
Source: Allegiant Travel Company