ALLEGIANT REPORTS JUNE 2014 TRAFFIC
Las Vegas. (July 7, 2014) - Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2014.
Scheduled Service
| Jun. 2014 | Jun. 2013 | Change | |
| Passengers | 803,001 | 700,796 | 14.6% |
| Revenue passenger miles (000) | 762,068 | 687,724 | 10.8% |
| Available seat miles (000) | 841,417 | 759,146 | 10.8% |
| Load factor | 90.6% | 90.6% | 0.0 pts |
| Departures | 5,325 | 4,681 | 13.8% |
| Average stage length (miles) | 920 | 944 | (2.5%) |
| 2Q14 | 2Q13 | Change | |
| Passengers | 2,110,481 | 1,878,474 | 12.4% |
| Revenue passenger miles (000) | 2,002,546 | 1,864,135 | 7.4% |
| Available seat miles (000) | 2,238,546 | 2,082,586 | 7.5% |
| Load factor | 89.5% | 89.5% | 0.0 pts |
| Departures | 14,157 | 12,702 | 11.5% |
| Average stage length (miles) | 924 | 957 | (3.4%) |
Total System*
| Jun. 2014 | Jun. 2013 | Change | |
| Passengers | 813,149 | 709,682 | 14.6% |
| Revenue passenger miles (000) | 770,028 | 694,887 | 10.8% |
| Available seat miles (000) | 857,208 | 775,015 | 10.6% |
| Load factor | 89.9% | 89.7% | 0.2 pts |
| Departures | 5,501 | 4,858 | 13.2% |
| Average stage length (miles) | 908 | 930 | (2.4%) |
| 2Q14 | 2Q13 | Change | |
| Passengers | 2,143,662 | 1,908,472 | 12.3% |
| Revenue passenger miles (000) | 2,030,638 | 1,889,416 | 7.5% |
| Available seat miles (000) | 2,289,201 | 2,134,660 | 7.2% |
| Load factor | 88.7% | 88.5% | 0.2 pts |
| Departures | 14,675 | 13,275 | 10.5% |
| Average stage length (miles) | 912 | 940 | (3.0%) |
*Total system includes scheduled service and fixed fee contract.
Preliminary Financial Results
| Change | |
| May 2014 actual year-over-year | |
| Scheduled revenue per scheduled ASM (PRASM) change | 4.4% |
| May 2014 actual year-over-year | |
| Scheduled total revenue per scheduled ASM (TRASM) change | 4.2% |
| June 2014 estimated year-over-year PRASM change | 4.6% to 5.0% |
| June 2014 estimated year-over-year TRASM change | 3.4% to 3.8% |
| 2Q14 estimated year-over-year PRASM change | 6.1% to 6.5% |
| 2Q14 estimated year-over-year TRASM change | 4.6% to 5.0% |
| $ per gallon | |
| June 2014 estimated average fuel cost per gallon - system | $3.17 |
| June 2014 estimated average fuel cost per gallon - scheduled | $3.20 |
| $ per gallon | |
| 2Q14 estimated average fuel cost per gallon - system | $3.17 |
| 2Q14 estimated average fuel cost per gallon - scheduled | $3.20 |
Guidance
| Capacity guidance, subject to revision | Year over Year Growth | |
| Departures | ASMs | |
| July 2014 | ||
| Scheduled | +8% | +8% |
| 3rd Quarter 2014 | ||
| System | +10 to 14% | +9 to 13% |
| Scheduled | +10 to 14% | +9 to 13% |
| 4th Quarter 2014 | ||
| System | +9 to 13% | +8 to 12% |
| Scheduled | +9 to 13% | +8 to 12% |
ASMs - Available seat miles
| Cost and revenue guidance, subject to revision | |
| Cost guidance | |
| 2nd Quarter 2014 | |
| Cost per available seat mile excluding fuel (CASM-ex fuel) - year over year growth | 4.2 to 4.6% |
| Fixed fee and other revenue guidance | |
| 2nd Quarter 2014 | |
| Fixed fee revenue and other revenue (millions) | $5.0 to $6.0 |
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/xG7se.