Le Lézard
Classified in: Tourism and vacations, Transportation

Allegiant Reports November 2017 Traffic



LAS VEGAS, Dec. 7, 2017 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2017. 

Scheduled Service



November 2017

November 2016

Change

Passengers

961,225

854,114

12.5%

Revenue passenger miles (000)

862,158

766,850

12.4%

Available seat miles (000)

1,028,881

934,843

10.1%

Load factor

83.8%

82.0%

1.8 pts

Departures

6,940

6,335

9.6%

Average stage length (miles)

881

879

0.2%





 


Total System*



November 2017

November 2016

Change

Passengers

977,891

866,737

12.8%

Revenue passenger miles (000)

879,464

779,725

12.8%

Available seat miles (000)

1,079,028

975,552

10.6%

Load factor

81.5%

79.9%

1.6 pts

Departures

7,355

6,658

10.5%

Average stage length (miles)

872

871

0.1%


*Total system includes scheduled service and fixed fee contract.

 

Preliminary Financial Results



$ per gallon

Nov 2017 estimated average fuel cost per gallon ? system

$2.05



 

Guidance


Capacity guidance, subject to revision

Year over Year Growth


Departures

ASMs

December 2017



            Scheduled

+5%

+8%




4th Quarter 2017



            System

+9 to 11%

+10 to 12%

            Scheduled

+9 to 11%

+10 to 12%




1st Quarter 2018



            System

+8 to 12%

+10 to 14%

            Scheduled

+8 to 12%

+10 to 14%




ASMs ? Available seat miles

 

Quarterly TRASM guidance, subject to revision



4th Quarter 2017

Current guidance

(1)   to 1%



            Previous TRASM guidance ? November 30, 2017

(1)   to 1%


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 85 aircraft and 350 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.

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:


Investor Inquiries:

Hilarie Grey


Chris Allen

e-mail: mediarelations@allegiantair.com


e-mail:ir@allegiantair.com

 

SOURCE Allegiant Travel Company


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News published on 7 december 2017 at 19:28 and distributed by: