Allegiant Reports June 2019 Traffic

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Jul 11, 2019, 18:35 ET

LAS VEGAS, July 11, 2019 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2019.

Scheduled Service

	June 2019	June 2018	Change
Passengers	1,594,128	1,394,025	14.4%
Revenue passenger miles (000)	1,355,240	1,207,563	12.2%
Available seat miles (000)	1,576,993	1,388,810	13.5%
Load factor	85.9%	86.9%	(1.0) pts
Departures	11,176	9,662	15.7%
Average stage length (miles)	828	850	(2.6%)
	2^nd Quarter 2019	2^nd Quarter 2018	Change
Passengers	4,131,855	3,681,944	12.2%
Revenue passenger miles (000)	3,603,076	3,245,774	11.0%
Available seat miles (000)	4,311,182	3,795,815	13.6%
Load factor	83.6%	85.5%	(1.9) pts
Departures	29,567	25,992	13.8%
Average stage length (miles)	853	864	(1.3%)

Total System*

	June 2019	June 2018	Change
Passengers	1,606,651	1,399,801	14.8%
Revenue passenger miles (000)	1,373,019	1,216,117	12.9%
Available seat miles (000)	1,618,098	1,427,826	13.3%
Load factor	84.9%	85.2%	(0.3) pts
Departures	11,478	10,047	14.2%
Average stage length (miles)	827	842	(1.8%)

	2^nd Quarter 2019	2^nd Quarter 2018	Change
Passengers	4,169,536	3,704,113	12.6%
Revenue passenger miles (000)	3,654,369	3,276,599	11.5%
Available seat miles (000)	4,447,066	3,922,294	13.4%
Load factor	82.2%	83.5%	(1.3) pts
Departures	30,547	27,063	12.9%
Average stage length (miles)	853	858	(0.6%)

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results

	$ per gallon
June 2019 estimated average fuel cost per gallon – system	$2.11

	$ per gallon
2^nd quarter 2019 estimated average fuel cost per gallon – system	$2.22

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, as well as hotel rooms and rental cars available exclusively through the company's website, Allegiant.com. 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 division is currently under construction with its inaugural resort property, Sunseeker Resort Charlotte Harbor in Southwest Florida – a unique waterside integrated resort like no other. A growing group of Allegiant Nonstop family entertainment centers offer state-of-the art indoor games and attractions to thrill seekers of all ages, while TeeSnap helps golf courses thrive and enhance customer experience through an innovative suite of technology tools for course scheduling, point of sale and more. 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.