Allegiant Travel Company reports 12.2% increase of passenger traffic in March 2016 vs the same month last year

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:

• PDF

Contact information

Media Inquiries:
Allegiant Media Relations
email: mediarelations@allegiantair.com

Investor Inquiries:
Chris Allen
e-mail: ir@allegiantair.com

Source: Allegiant Travel Company

Subscribe to Notifications