LAS VEGAS, NV -- (Marketwired) -- 05/05/16

Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2016. 

                                                                            
                             Scheduled Service                              
                                                                            
                                  April 2016     April 2015       Change    
                               ---------------------------------------------
Passengers                         841,785        752,962         11.8%     
Revenue passenger miles (000)      793,843        718,888         10.4%     
Available seat miles (000)         942,147        843,588         11.7%     
Load factor                         84.3%          85.2%        (0.9) pts   
Departures                          6,016          5,334          12.8%     
Average stage length (miles)         922            931           (1.0%)    
                                                                            

                               Total System *                               
                                                                            
                                  April 2016     April 2015       Change    
                               ---------------------------------------------
Passengers                         851,153        764,454         11.3%     
Revenue passenger miles (000)      806,763        726,987         11.0%     
Available seat miles (000)         977,068        862,618         13.3%     
Load factor                         82.6%          84.3%        (1.7) pts   
Departures                          6,264          5,559          12.7%     
Average stage length (miles)         918            913            0.5%     

*Total system includes scheduled service and fixed fee contract.

                       Preliminary Financial Results                        
                                                                            
                                              Change                        
Mar 2016 actual year-over-year                                              
Scheduled total revenue per scheduled ASM                                   
 (TRASM) change                               (6.8%)                        
                                                                            
April 2016 estimated year-over-year TRASM                                   
 change                                       (11.9%) to (11.5%)            
                                              $ per gallon                  
April 2016 estimated average fuel cost                                      
 per gallon - system                          $1.38                         
April 2016 estimated average fuel cost                                      
 per gallon - scheduled                       $1.39                         
                                                                            

                                  Guidance                                  
                                                                            
Capacity guidance, subject to revision  Year over Year Growth               
----------------------------------------                                    
                                        Departures        ASMs              
May 2016                                                                    
  Scheduled                             +18%              +17%              
                                                                            
2nd Quarter 2016                                                            
  System                                +14 to 18%        +13 to 17%        
  Scheduled                             +14 to 18%        +13 to 17%        
                                                                            
3rd Quarter 2016                                                            
  System                                +18 to 22%        +15 to 19%        
  Scheduled                             +18 to 22%        +15 to 19%        

ASMs - Available seat miles

Allegiant, Travel is our deal.®

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, rental cars and attraction tickets. 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 over 80 aircraft and more than 300 routes across the country with base airfares less than half the cost of average domestic roundtrip ticket. For downloadable press kit, including photos, visit: http://gofly.us/YFuyb.

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:
Jessica Wheeler
e-mail: mediarelations@allegiantair.com

Investor Inquiries:
Chris Allen
e-mail:ir@allegiantair.com