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Allegiant Reports June 2018 Traffic

PRNewswire 9-Jul-2018 5:18 PM

Allegiant Reports June 2018 Traffic

PR Newswire

LAS VEGAS, July 9, 2018 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for June 2018. 

Scheduled Service


June 2018

June 2017

Change

Passengers

1,394,025

1,245,905

11.9%

Revenue passenger miles (000)

1,207,563

1,089,096

10.9%

Available seat miles (000)

1,388,810

1,261,370

10.1%

Load factor

86.9%

86.3%

0.6 pts

Departures

9,662

8,865

9.0%

Average stage length (miles)

850

850

0.0%


2nd Quarter 2018

2nd Quarter 2017

Change

Passengers

3,681,944

3,266,789

12.7%

Revenue passenger miles (000)

3,245,774

2,903,257

11.8%

Available seat miles (000)

3,795,815

3,436,872

10.4%

Load factor

85.5%

84.5%

1.0 pts

Departures

25,992

23,609

10.1%

Average stage length (miles)

864

869

(0.6%)

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Total System*


June 2018

June 2017

Change

Passengers

1,399,801

1,260,950

11.0%

Revenue passenger miles (000)

1,216,117

1,110,572

9.5%

Available seat miles (000)

1,427,826

1,312,552

8.8%

Load factor

85.2%

84.6%

0.6 pts

Departures

10,047

9,252

8.6%

Average stage length (miles)

842

848

(0.7%)






2nd Quarter  2018

2nd Quarter 2017

Change

Passengers

3,704,113

3,306,193

12.0%

Revenue passenger miles (000)

3,276,599

2,958,808

10.7%

Available seat miles (000)

3,922,294

3,584,209

9.4%

Load factor

83.5%

82.6%

0.9 pts

Departures

27,063

24,721

9.5%

Average stage length (miles)

858

866

(0.9%)

*Total system includes scheduled service and fixed fee contract.

 

Preliminary Financial Results


$ per gallon

June 2018 estimated average fuel cost per gallon – system

$2.41




$ per gallon

2nd quarter 2018 estimated average fuel cost per gallon – system

$2.38

Allegiant®

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 and rental cars. 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 more than 85 aircraft and 350 routes across the country with base airfares less than half the cost of the average domestic roundtrip ticket. For downloadable press kit, including photos, visit: http://gofly.us/iiFa303wrtF.

ALGT/G

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.allegiantair.com

Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.

Allegiant Media Contact:


Investor Inquiries:

Hilarie Grey


Chris Allen

email: mediarelations@allegiantair.com


email: ir@allegiantair.com

 

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SOURCE Allegiant Travel Company

Image for Press Release 654645