Allegiant Reports January 2011 Traffic

LAS VEGAS, Feb. 8, 2011 (GLOBE NEWSWIRE) -- Allegiant Travel Company (Nasdaq:ALGT), today reported preliminary passenger traffic results for January 2011.

Scheduled Service
	Jan. 2011	Jan. 2010	Change
Passengers	449,541	388,757	15.6%
Revenue passenger miles (000)	417,656	368,502	13.3%
Available seat miles (000)	455,108	408,000	11.5%
Load factor	91.8%	90.3%	1.5 pts
Departures	3,356	2,945	14.0%
Average stage length (miles)	904	924	(2.2%)

Total System*
	Jan. 2011	Jan. 2010	Change
Passengers	475,084	413,320	14.9%
Revenue passenger miles (000)	442,477	388,327	13.9%
Available seat miles (000)	501,590	450,712	11.3%
Load factor	88.2%	86.2%	2.0 pts
Departures	3,857	3,461	11.4%
Average stage length (miles)	870	875	(0.5)%
*Total system includes scheduled service, fixed fee contract and non-revenue flying.

Preliminary Financial Results
	Change
December 2010 actual year-over-year scheduled revenue per ASM (RASM) change	7.7%
December 2010 actual year-over year scheduled total revenue per ASM (TRASM) change	9.1%
January 2011 estimated year-over-year RASM change	5.1 - 5.5%
January 2011 estimated year-over-year TRASM change	2.6 - 3.0%
January 2011 estimated average fuel cost per gallon – system	$2.67
January 2011 estimated average fuel cost per gallon – scheduled	$2.84

Capacity Guidance
Guidance, subject to revision	Year over Year Growth
	Departures	ASMs
February 2011
Scheduled	-1%	-3%
1 st Quarter 2011
System	+3 - 6%	+3 - 6%
Scheduled	+3 - 6%	+3 - 6%
2 nd Quarter 2011
System	+1 - 5%	+1 - 5%
Scheduled	+0 - 4%	+0 - 4%
ASMs – Available seat miles

About the Company

Las Vegas-based Allegiant Travel Company (Nasdaq:ALGT), is focused on linking travelers in small cities to world-class leisure destinations such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla. Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel-related services. In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week's Top Performing Airline study and ranked 25 on FORTUNE magazine's Fastest-Growing Companies list.  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.allegiant.com

Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.

The Allegiant Travel Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8305

Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements are only estimates or predictions based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include our statements regarding future departure and capacity growth. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words "guidance", "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "hope" or similar expressions.

Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in the forward-looking statements. Important risk factors that could cause our results to differ materially from those expressed in the forward-looking statements generally may be found in our periodic reports filed with the Securities and Exchange Commission at www.sec.gov .  

Any forward-looking statements are based on information available to us today and we undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.

CONTACT: Allegiant Media Contact:
         Jordan McGee
         phone: [phone]
         e-mail: [e-mail]
         
         Investor Inquiries:
         Chris Allen
         phone: [phone]
         e-mail: [e-mail]

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