ALLEGIANT REPORTS JANUARY 2014 TRAFFIC
Las Vegas. (February 6, 2014) - Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for January 2014.
Jan. 2014 Jan. 2013 Change
Passengers 588,781 514,840 14.4%
Revenue passenger miles (000) 586,657 515,583 13.8%
Available seat miles (000) 690,446 593,260 16.4%
Load factor 85.0% 86.9% (1.9)pts
Departures 4,181 3,638 14.9%
Average stage length (miles) 966 954 1.3%
Jan. 2014 Jan. 2014 Change
Passengers 597,427 527,908 13.2%
Revenue passenger miles (000) 593,396 525,025 13.0%
Available seat miles (000) 707,925 618,676 14.4%
Load factor 83.8% 84.9% (1.0)pts
Departures 4,383 3,923 11.7%
Average stage length (miles) 945 925 2.2%
*Total system includes scheduled service, fixed fee contract and non-revenue flying.
Preliminary Financial Results
|December 2013 actual year-over-year|
|Scheduled revenue per scheduled ASM (PRASM) change||9.4%|
|December 2013 actual year-over-year|
|Scheduled total revenue per scheduled ASM (TRASM) change||5.7%|
|January 2014 estimated year-over-year PRASM change||9.1% to 9.5%|
| January 2014 estimated year-over-year TRASM change||4.8% to 5.2%|
|$ per gallon|
|January 2014 estimated average fuel cost per gallon - system||$3.22|
|January 2014 estimated average fuel cost per gallon - scheduled||$3.25|
ASMs - Available seat miles
Allegiant, Travel is our deal.®
Las Vegas-based Allegiant Travel Company (ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, allegiant.com. The company has been named one of America`s 100 Best Small Companies by Forbes Magazine for four consecutive years. For downloadable press kit, including photos, visit: http://gofly.us/qSnWj.
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.
|Allegiant Media Contact:||Investor Inquiries:|
|Brian Davis||Chris Allen|
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Allegiant Travel Company via GlobeNewswire
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