Allegiant Reports September 2019 Traffic

News provided by

Oct 08, 2019, 18:51 ET

LAS VEGAS, Oct. 8, 2019 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September 2019 as well as third quarter 2019.

Scheduled Service

	September 2019	September 2018	Change
Passengers	770,768	777,371	(0.8%)
Revenue passenger miles (000)	639,534	674,098	(5.1%)
Available seat miles (000)	775,906	821,846	(5.6%)
Load factor	82.4%	82.0%	0.4 pts
Departures	5,638	5,723	(1.5%)
Average stage length (miles)	808	846	(4.5%)

	3^rd Quarter 2019	3^rd Quarter 2018	Change
Passengers	3,753,611	3,461,267	8.4%
Revenue passenger miles (000)	3,170,826	2,988,962	6.1%
Available seat miles (000)	3,687,473	3,485,800	5.8%
Load factor	86.0%	85.7%	0.3 pts
Departures	26,238	24,281	8.1%
Average stage length (miles)	824	845	(2.5%)

Total System*

	September 2019	September 2018	Change
Passengers	799,592	803,283	(0.5%)
Available seat miles (000)	855,962	888,476	(3.7%)
Departures	6,248	6,273	(0.4%)
Average stage length (miles)	802	834	(3.8%)


	3^rd Quarter 2019	3^rd Quarter 2018	Change
Passengers	3,806,369	3,503,849	8.6%
Available seat miles (000)	3,888,400	3,643,948	6.7%
Departures	27,707	25,601	8.2%
Average stage length (miles)	823	838	(1.8%)

*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
September 2019 estimated average fuel cost per gallon – system	$2.11

	$ per gallon
3^rd quarter 2019 estimated average fuel cost per gallon – system	$2.16

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.