LAS VEGAS, NV
-- (Marketwired)
-- 10/06/15
Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September, 2015.
Scheduled Service
Sep 2015 Sep 2014 Change
---------- ---------- ----------
Passengers 530,889 450,306 17.9%
Revenue passenger miles (000) 484,339 419,329 15.5%
Available seat miles (000) 584,822 483,253 21.0%
Load factor 82.8% 86.8% (4.0) pts
Departures 3,859 3,137 23.0%
Average stage length (miles) 887 896 (1.0%)
3Q15 3Q14 Change
---------- ---------- ----------
Passengers 2,383,556 1,940,348 22.8%
Revenue passenger miles (000) 2,204,760 1,839,640 19.8%
Available seat miles (000) 2,526,292 2,033,318 24.2%
Load factor 87.3% 90.5% (3.2) pts
Departures 16,563 12,925 28.1%
Average stage length (miles) 894 916 (2.4%)
Total System*
Sep 2015 Sep 2014 Change
---------- ---------- ----------
Passengers 547,529 468,240 16.9%
Revenue passenger miles (000) 499,151 436,590 14.3%
Available seat miles (000) 615,612 523,306 17.6%
Load factor 81.1% 83.4% (2.3) pts
Departures 4,152 3,463 19.9%
Average stage length (miles) 868 878 (1.1%)
3Q15 3Q14 Change
---------- ---------- ----------
Passengers 2,420,819 1,971,917 22.8%
Revenue passenger miles (000) 2,235,683 1,867,660 19.7%
Available seat miles (000) 2,597,658 2,106,168 23.3%
Load factor 86.1% 88.7% (2.6) pts
Departures 17,330 13,607 27.4%
Average stage length (miles) 878 902 (2.7%)
*Total system includes scheduled service
and fixed fee contract.
Preliminary Financial Results
Change
----------------
Aug 2015 actual year-over-year
Scheduled total revenue per scheduled ASM (TRASM) change (11.8%)
Sep 2015 estimated year-over-year TRASM change (7.8%) to (7.4%)
3Q15 estimated year-over-year TRASM change (8.6%) to (8.2%)
$ per gallon
Sep 2015 estimated average fuel cost per gallon - system $1.70
Sep 2015 estimated average fuel cost per gallon - scheduled $1.71
$ per gallon
3Q15 estimated average fuel cost per gallon - system $1.82
3Q15 estimated average fuel cost per gallon - scheduled $1.83
Guidance
Capacity guidance, subject to revision
=========================================
Year over Year Growth
Departures ASMs
----------------------------------------- ---------------------- -----------
Oct 2015
Scheduled +26% +28%
4(th) Quarter 2015
System +22 to 26% +22 to 26%
Scheduled +22 to 26% +22 to 26%
1(st) Quarter 2016
System +14 to 18% +15 to 19%
Scheduled +14 to 18% +15 to 19%
ASMs - Available seat miles
Cost and revenue guidance, subject to revision
----------------------------------------------------------------------------
Cost guidance
3(rd) Quarter 2015
Cost per available seat mile excluding fuel (CASM-ex
fuel) - year over year change (11.4) to (11.0%)
Fixed fee and other revenue guidance
3(rd) Quarter 2015
Fixed fee revenue and other revenue (millions) $12.5 to $13.0
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 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/PBqgm.
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 Media Contact:
Jessica Wheeler
e-mail: mediarelations@allegiantair.com
Investor Inquiries:
Chris Allen
e-mail: ir@allegiantair.com
© 2024 Canjex Publishing Ltd. All rights reserved.