Allegiant Reports November 2017 Traffic

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PR Newswire 7-Dec-2017 7:28 PM
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LAS VEGAS, Dec. 7, 2017 /PRNewswire/ --Allegiant Travel Company(NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2017.
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Scheduled Service

November 2017 November 2016 Change
Passengers 961,225 854,114 12.5%
Revenue passenger miles (000) 862,158 766,850 12.4%
Available seat miles (000) 1,028,881 934,843 10.1%
Load factor 83.8% 82.0% 1.8 pts
Departures 6,940 6,335 9.6%
Average stage length (miles) 881 879 0.2%

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Total System*

November 2017 November 2016 Change
Passengers 977,891 866,737 12.8%
Revenue passenger miles (000) 879,464 779,725 12.8%
Available seat miles (000) 1,079,028 975,552 10.6%
Load factor 81.5% 79.9% 1.6 pts
Departures 7,355 6,658 10.5%
Average stage length (miles) 872 871 0.1%
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*Total system includes scheduled service and fixed fee contract.
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Preliminary Financial Results

$ per gallon
Nov 2017 estimated average fuel cost per gallon system $2.05

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Capacity guidance, subject to revision Year over Year Growth
Departures ASMs
December 2017
Scheduled +5% +8%

4th Quarter 2017
System +9 to 11% +10 to 12%
Scheduled +9 to 11% +10 to 12%

1st Quarter 2018
System +8 to 12% +10 to 14%
Scheduled +8 to 12% +10 to 14%

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ASMs Available seat miles
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Quarterly TRASM guidance, subject to revision

4th Quarter 2017
Current guidance (1) to 1%

Previous TRASM guidance November 30, 2017 (1) to 1%
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Las Vegas-basedAllegiant(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, 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:
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:
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 .
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.
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Allegiant Media Contact: Investor Inquiries:
Hilarie Grey Chris Allen
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SOURCE Allegiant Travel Company

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