Allegiant Reports March 2019 Traffic

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Apr 11, 2019, 19:13 ET

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

Scheduled Service

	March 2019	March 2018	Change
Passengers	1,484,326	1,356,305	9.4%
Revenue passenger miles (000)	1,386,501	1,267,098	9.4%
Available seat miles (000)	1,610,575	1,445,135	11.4%
Load factor	86.1%	87.7%	(1.6) pts
Departures	10,297	9,316	10.5%
Average stage length (miles)	914	920	(0.7%)

	1^st Quarter 2019	1^st Quarter 2018	Change
Passengers	3,421,538	3,279,368	4.3%
Revenue passenger miles (000)	3,191,045	3,064,619	4.1%
Available seat miles (000)	3,802,132	3,602,015	5.6%
Load factor	83.9%	85.1%	(1.2) pts
Departures	24,344	23,264	4.6%
Average stage length (miles)	908	916	(0.9%)

Total System*

	March 2019	March 2018	Change
Passengers	1,499,688	1,366,270	9.8%
Revenue passenger miles (000)	1,406,136	1,280,103	9.8%
Available seat miles (000)	1,655,330	1,490,680	11.0%
Load factor	84.9%	85.9%	(1.0) pts
Departures	10,660	9,682	10.1%
Average stage length (miles)	908	914	(0.7%)

	1^st Quarter 2019	1^st Quarter 2018	Change
Passengers	3,450,278	3,302,951	4.5%
Revenue passenger miles (000)	3,228,594	3,094,805	4.3%
Available seat miles (000)	3,910,239	3,728,563	4.9%
Load factor	82.6%	83.0%	(0.4) pts
Departures	25,200	24,248	3.9%
Average stage length (miles)	904	910	(0.7%)

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results

	$ per gallon
March 2019 estimated average fuel cost per gallon – system	$2.21

	$ per gallon
1^st quarter 2019 estimated average fuel cost per gallon – system	$2.14

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 80 aircraft and 450 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.