ALLEGIANT REPORTS JUNE 2023 TRAFFIC

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Jul 18, 2023, 09:00 ET

LAS VEGAS, July 18, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2023.

Scheduled Service – Year Over Year Comparison

	June 2023	June 2022	Change
Passengers	1,802,886	1,740,643	3.6 %
Revenue passenger miles (000)	1,590,984	1,555,121	2.3 %
Available seat miles (000)	1,766,164	1,729,925	2.1 %
Load factor	90.1 %	89.9 %	0.2 pts
Departures	11,530	11,274	2.3 %
Average stage length (miles)	868	870	(0.2 %)

	2nd Quarter 2023	2nd Quarter 2022	Change
Passengers	4,719,623	4,711,001	0.2 %
Revenue passenger miles (000)	4,278,399	4,267,828	0.2 %
Available seat miles (000)	4,925,194	4,888,539	0.7 %
Load factor	86.9 %	87.3 %	(0.4) pts
Departures	31,487	31,402	0.3 %
Average stage length (miles)	887	883	0.5 %

*Total System - Year Over Year Comparison**

	June 2023	June 2022	Change
Passengers	1,814,041	1,748,655	3.7 %
Available seat miles (000)	1,805,699	1,759,467	2.6 %
Departures	11,816	11,484	2.9 %
Average stage length (miles)	866	869	(0.3 %)

	2nd Quarter 2023	2nd Quarter 2022	Change
Passengers	4,755,981	4,740,399	0.3 %
Available seat miles (000)	5,053,547	4,990,086	1.3 %
Departures	32,396	32,138	0.8 %
Average stage length (miles)	884	881	0.3 %

*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
June 2023 estimated average fuel cost per gallon – system	$2.64


	$ per gallon
2^nd quarter 2023 estimated average fuel cost per gallon – system	$2.69

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 the people, places and experiences that matter most. 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 communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. 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 November 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.