Allegiant Reports December 2019 Traffic

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Jan 14, 2020, 23:30 ET

LAS VEGAS, Jan. 14, 2020 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2019.

Scheduled Service

	December 2019	December 2018	Change
Passengers	1,308,341	1,061,552	23.2%
Revenue passenger miles (000)	1,165,902	974,429	19.6%
Available seat miles (000)	1,411,107	1,191,089	18.5%
Load factor	82.6%	81.8%	0.8 pts
Departures	9,423	7,678	22.7%
Average stage length (miles)	871	901	(3.3%)

	4^th Quarter 2019	4^th Quarter 2018	Change
Passengers	3,516,263	3,183,524	10.5%
Revenue passenger miles (000)	3,073,055	2,846,246	8.0%
Available seat miles (000)	3,745,031	3,457,044	8.3%
Load factor	82.1%	82.3%	(0.2 pts)
Departures	25,541	23,017	11.0%
Average stage length (miles)	856	877	(2.4%)

	YTD 2019	YTD 2018	Change
Passengers	14,823,267	13,606,103	8.9%
Revenue passenger miles (000)	13,038,003	12,145,601	7.3%
Available seat miles (000)	15,545,818	14,340,674	8.4%
Load factor	83.9%	84.7%	(0.8 pts)
Departures	105,690	96,554	9.5%
Average stage length (miles)	859	875	(1.8%)

Total System*

	December 2019	December 2018	Change
Passengers	1,318,872	1,071,403	23.1%
Available seat miles (000)	1,453,592	1,222,161	18.9%
Departures	9,742	7,925	22.9%
Average stage length (miles)	868	897	(3.2%)

	4^th Quarter 2019	4^th Quarter 2018	Change
Passengers	3,585,966	3,239,286	10.7%
Available seat miles (000)	3,928,536	3,605,069	9.0%
Departures	27,088	24,300	11.5%
Average stage length (miles)	846	866	(2.3%)

	YTD 2019	YTD 2018	Change
Passengers	15,012,149	13,750,199	9.2%
Available seat miles (000)	16,174,240	14,899,874	8.6%
Departures	110,542	101,212	9.2%
Average stage length (miles)	855	868	(1.5%)


*	Total system includes scheduled service and fixed fee contract. System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs. Fixed fee flying is better measured through dollar contribution versus operational statistics.

Preliminary Financial Results

	$ per gallon
December 2019 estimated average fuel cost per gallon – system	$2.18

	$ per gallon
4^th quarter 2019 estimated average fuel cost per gallon – system	$2.18

Allegiant Travel Company

Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with premier leisure experiences - from vacations to hometown family entertainment. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves more than 450 routes across the country, with base airfares less than half the cost of the average domestic roundtrip ticket. Allegiant's Sunseeker Resorts subsidiary is currently under construction with its inaugural resort property, Sunseeker Resort Charlotte Harbor in Southwest Florida - a unique waterside integrated resort like no other. And a growing group of Allegiant Nonstop family entertainment centers offer state-of-the art indoor games and attractions to thrill seekers of all ages. For more information, visit us at Allegiant.com. Media information, including photos, is available at 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.