LAS VEGAS, NV
-- (Marketwired)
-- 01/07/15
Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2014.
Scheduled Service
Dec. 2014 Dec. 2013 Change
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Passengers 716,694 659,413 8.7%
Revenue passenger miles (000) 684,073 643,991 6.2%
Available seat miles (000) 794,842 764,840 3.9%
Load factor 86.1% 84.2% 1.9 pts
Departures 5,044 4,733 6.6%
Average stage length (miles) 926 947 (2.2%)
4Q14 4Q13 Change
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Passengers 1,921,585 1,672,604 14.9%
Revenue passenger miles (000) 1,810,322 1,615,074 12.1%
Available seat miles (000) 2,093,833 1,894,953 10.5%
Load factor 86.5% 85.2% 1.3 pts
Departures 13,423 11,820 13.6%
Average stage length (miles) 916 940 (2.6%)
YTD14 YTD13 Change
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Passengers 8,017,442 7,103,376 12.9%
Revenue passenger miles (000) 7,711,696 7,015,108 9.9%
Available seat miles (000) 8,693,631 7,893,119 10.1%
Load factor 88.7% 88.9% (0.2) pts
Departures 54,440 48,387 12.5%
Average stage length (miles) 934 952 (1.9%)
Total System*
Dec. 2014 Dec. 2013 Change
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Passengers 727,407 668,841 8.8%
Revenue passenger miles (000) 692,181 652,169 6.1%
Available seat miles (000) 813,086 782,385 3.9%
Load factor 85.1% 83.4% 1.7 pts
Departures 5,247 4,922 6.6%
Average stage length (miles) 910 932 (2.4%)
4Q14 4Q13 Change
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Passengers 1,966,058 1,709,289 15.0%
Revenue passenger miles (000) 1,846,164 1,646,717 12.1%
Available seat miles (000) 2,169,062 1,961,632 10.6%
Load factor 85.1% 83.9% 1.2 pts
Departures 14,178 12,477 13.6%
Average stage length (miles) 898 922 (2.7%)
YTD14 YTD13 Change
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Passengers 8,154,357 7,241,064 12.6%
Revenue passenger miles (000) 7,825,962 7,129,416 9.8%
Available seat miles (000) 8,944,665 8,146,135 9.8%
Load factor 87.5% 87.5% (0.0) pts
Departures 56,961 51,083 11.5%
Average stage length (miles) 918 933 (1.6%)
*Total system includes scheduled service and fixed fee contract.
Preliminary Financial Results
Change
Nov 2014 actual year-over-year
Scheduled revenue per scheduled ASM (PRASM) change 5.7%
Nov 2014 actual year-over-year
Scheduled total revenue per scheduled ASM (TRASM) change 7.0%
Dec 2014 estimated year-over-year PRASM change (3.7)% to (3.3)%
Dec 2014 estimated year-over-year TRASM change 1.4% to 1.8%
4Q14 estimated year-over-year PRASM change (1.4)% to (1.0)%
4Q14 estimated year-over-year TRASM change 2.2% to 2.6%
$ per gallon
Dec 2014 estimated average fuel cost per gallon - system $2.27
Dec 2014 estimated average fuel cost per gallon -
scheduled $2.28
$ per gallon
4Q14 estimated average fuel cost per gallon - system $2.54
4Q14 estimated average fuel cost per gallon - scheduled $2.57
Guidance
Capacity guidance, subject to revision Year over Year Growth
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Departures ASMs
Jan 2015
Scheduled +5% +3%
1st Quarter 2015
System +6 to 10% +2 to 6%
Scheduled +6 to 10% +2 to 6%
2nd Quarter 2015
System +12 to 16% +13 to 17%
Scheduled +12 to 16% +13 to 17%
ASMs - Available seat miles
Cost and revenue guidance, subject to revision
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Cost guidance
4th Quarter 2014
Cost per available seat mile excluding fuel (CASM-ex
fuel) - year over year change 43.0 to 43.5%
Cost per available seat mile excluding fuel and non-cash
aircraft impairment charge (CASM-ex fuel-ex special
item) - year over year change 9.5 to 10.0%
Fixed fee and other revenue guidance
4th Quarter 2014
Fixed fee revenue and other revenue (millions) $14.0 to $15.0
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.
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, 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 five consecutive years. In 2014, AVIATION WEEK ranked Allegiant the Top-Performing Airline in North America for the third consecutive year. For downloadable press kit, including photos, visit: http://gofly.us/FiYDS.
Allegiant Media Contact:
Jessica Wheeler
e-mail: mediarelations@allegiantair.com
Investor Inquiries:
Chris Allen
e-mail: ir@allegiantair.com
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