Allegiant Reports July 2014 Traffic
LAS VEGAS, NV--(Marketwired - August 05, 2014) - Allegiant Travel Company (ALGT) today reported preliminary passenger traffic results for July 2014.
| Scheduled Service | |||||||||
| Jul 2014 | Jul 2013 | Change | |||||||
| Passengers | 832,735 | 748,244 | 11.3 | % | |||||
| Revenue passenger miles (000) | 796,634 | 738,602 | 7.9 | % | |||||
| Available seat miles (000) | 861,267 | 797,164 | 8.0 | % | |||||
| Load factor | 92.5 | % | 92.7 | % | (0.2) pts | ||||
| Departures | 5,421 | 4,920 | 10.2 | % | |||||
| Average stage length (miles) | 926 | 943 | (1.8 | %) | |||||
| Total System* | |||||||||
| Jul 2014 | Jul 2013 | Change | |||||||
| Passengers | 837,267 | 758,241 | 10.4 | % | |||||
| Revenue passenger miles (000) | 800,551 | 747,144 | 7.1 | % | |||||
| Available seat miles (000) | 873,990 | 815,994 | 7.1 | % | |||||
| Load factor | 91.6 | % | 91.6 | % | 0.0 | pts | |||
| Departures | 5,559 | 5,161 | 7.7 | % | |||||
| Average stage length (miles) | 916 | 922 | (0.6 | %) | |||||
| *Total system includes scheduled service and fixed fee contract. |
| Preliminary Financial Results | |||
| Change | |||
| June 2014 actual year-over-year | |||
| Scheduled revenue per scheduled ASM (PRASM) change | 5.0% | ||
| June 2014 actual year-over-year | |||
| Scheduled total revenue per scheduled ASM (TRASM) change | 3.8% | ||
| July 2014 estimated year-over-year PRASM change | 3.4% to 3.8% | ||
| July 2014 estimated year-over-year TRASM change | 2.7% to 3.1% | ||
| $ per gallon | |||
| July 2014 estimated average fuel cost per gallon - system | $3.12 | ||
| July 2014 estimated average fuel cost per gallon - scheduled | $3.18 | ||
| Guidance | |||||||
| Capacity guidance, subject to revision | Year over Year Growth | ||||||
| Departures | ASMs | ||||||
| August 2014 | |||||||
| Scheduled | +16 | % |
| % | |||
| 3rd Quarter 2014 | |||||||
| System | +11 to 13 | % | +10 to 12 | % | |||
| Scheduled | +11 to 13 | % | +10 to 12 | % | |||
| 4th Quarter 2014 | |||||||
| System | +9 to 13 | % | +8 to 12 | % | |||
| Scheduled | +9 to 13 | % | +8 to 12 | % | |||
| 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.
ALGT/G
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