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
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%
1st Quarter 2011    
System +3 - 6% +3 - 6%
Scheduled +3 - 6% +3 - 6%
2nd 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

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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 .  

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: 702-589-7260         e-mail:                  Investor Inquiries:         Chris Allen         phone: 702-851-7365         e-mail:

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