LAS VEGAS, July 07, 2015 (GLOBE NEWSWIRE) -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for June 2015. 

Scheduled Service
  Jun 2015 Jun 2014 Change
Passengers   934,332     803,001     16.4 %
Revenue passenger miles (000)   867,613     762,068     13.8 %
Available seat miles (000)   978,592     841,417     16.3 %
Load factor   88.7 %   90.6 % (1.9) pts
Departures   6,428     5,325     20.7 %
Average stage length (miles)   894     920     (2.8 %)
       

  2Q15 2Q14 Change
Passengers   2,426,985     2,110,481     15.0 %
Revenue passenger miles (000)   2,279,600     2,002,546     13.8 %
Available seat miles (000)   2,628,205     2,328,546     17.4 %
Load factor   86.7 %   89.5 % (2.8) pts
Departures   16,949     14,157     19.7 %
Average stage length (miles)   912     924     (1.3 %)

Total System*
  Jun 2015 Jun 2014 Change
Passengers   945,224     813,149     16.2 %
Revenue passenger miles (000)   875,645     770,028     13.7 %
Available seat miles (000)   999,222     857,208     16.6 %
Load factor   87.6 %   89.8 % (2.2) pts
Departures   6,677     5,501     21.4 %
Average stage length (miles)   879     908     (3.2 %)

  2Q15 2Q14 Change
Passengers   2,462,822     2,143,662     14.9 %
Revenue passenger miles (000)   2,307,065     2,030,638     13.6 %
Available seat miles (000)   2,690,457     2,289,201     17.5 %
Load factor   85.7 %   88.7 % (3.0) pts
Departures   17,659     14,675     20.3 %
Average stage length (miles)   896     912     (1.8 %)

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results
  Change
May 2015 actual year-over-year  
  Scheduled revenue per scheduled ASM (PRASM) change    (18.4 %)
May 2015 actual year-over-year  
  Scheduled total revenue per scheduled ASM (TRASM) change    (9.5 %)
   
   
Jun 2015 estimated year-over-year PRASM change (17.2%) to (16.8%)
Jun 2015 estimated year-over-year TRASM change (6.7%) to (6.3%)
   
2Q15 estimated year-over-year PRASM change (16.5%) to (16.1%)
2Q15 estimated year-over-year TRASM change (7.4%) to (7.0%)
   
  $ per gallon
Jun 2015 estimated average fuel cost per gallon - system $ 2.07   
Jun 2015 estimated average fuel cost per gallon - scheduled $ 2.10   
   
  $ per gallon
2Q15 estimated average fuel cost per gallon - system $ 2.06   
2Q15 estimated average fuel cost per gallon - scheduled $ 2.08   

Guidance
Capacity guidance, subject to revision Year over Year Growth
  Departures ASMs
July 2015    
  Scheduled   +27 %   +24 %
     
3 rd Quarter 2015    
  System +23 to 27% +21 to 25%
  Scheduled +23 to 27% +21 to 25%
     
4 th Quarter 2015    
  System +21 to 26% +21 to 26%
  Scheduled +21 to 26% +21 to 26%
     
ASMs - Available seat miles

Cost and revenue guidance, subject to revision
   
Cost guidance  
  2nd Quarter 2015
Cost per available seat mile excluding fuel (CASM-ex fuel) - year over year change   (1.3%) to (0.9%)
   
Fixed fee and other revenue guidance  
  2nd Quarter 2015
Fixed fee revenue and other revenue (millions) $11.0 to $12.0

Allegiant, Travel is our deal. ®Las Vegas-based Allegiant Travel Company (NASDAQ:ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, allegiant.com. The company has been named one of America's 100 Best Small Companies by Forbes Magazine for four consecutive years. For downloadable press kit, including photos, visit: http://gofly.us/SQmY7O.

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.

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.
Allegiant Media Contact:Media Relationse-mail: mediarelations@allegiantair.comInvestor Inquiries:Chris Allene-mail:ir@allegiantair.com

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