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Press release from GlobeNewswire (a Nasdaq OMX company)

Allegiant Reports June 2011 Traffic

Thursday, July 07, 2011

Allegiant Reports June 2011 Traffic20:24 EDT Thursday, July 07, 2011LAS VEGAS, July 7, 2011 (GLOBE NEWSWIRE) -- Allegiant Travel Company (Nasdaq:ALGT) today reported preliminary passenger traffic results for June 2011.Scheduled Service           June 2011 June 2010 Change Passengers 540,769 528,187 2.4% Revenue passenger miles (000) 483,644 479,889 0.8% Available seat miles (000) 523,523 516,712 1.3% Load factor 92.4% 92.9% (.5) pts Departures 3,981 3,867 2.9% Average stage length (miles) 877 891 (1.6)%                   2Q11 2Q10 Change Passengers 1,462,126 1,468,939 (0.5)% Revenue passenger miles (000) 1,323,051 1,356,693 (2.5)% Available seat miles (000) 1,438,659 1,477,455 (2.6)% Load factor 92.0% 91.8% .2 pts Departures 10,789 10,824 (0.3)% Average stage length (miles) 889 910 (2.3)%                Total System*           June 2011 June 2010 Change Passengers 574,799 553,780 3.8% Revenue passenger miles (000) 509,834 502,812 1.4% Available seat miles (000) 570,254 559,377 1.9% Load factor 89.4% 89.9% (.5) pts Departures 4,557 4,382 4.0% Average stage length (miles) 836 857 (2.4)%           2Q11 2Q10 Change Passengers 1,559,619 1,542,110 1.1% Revenue passenger miles (000) 1,401,610 1,418,387 (1.2)% Available seat miles (000) 1,576,791 1,601,126 (1.5)% Load factor 88.9% 88.6% .3 pts Departures 12,430 12,364 0.5% Average stage length (miles) 848 869 (2.4)%        *Total system includes scheduled service, fixed fee contract and non-revenue flying.  Preliminary Financial Results       Change May 2011 actual year-over-year    scheduled revenue per ASM (PRASM) change 35.0% May 2011 actual year-over year    scheduled total revenue per ASM (TRASM) change 27.1%     June 2011 estimated year-over-year PRASM change  24.3 to 24.7% June 2011 estimated year-over-year TRASM change 18.5 to 18.9%     June 2011 estimated average fuel cost per gallon – system $3.16 June 2011 estimated average fuel cost per gallon – scheduled $3.39     2Q11 estimated year-over-year PRASM change 27.0 to 27.4% 2Q11 estimated year-over-year TRASM change  21.4 to 21.8%     2Q11 estimated average fuel cost per gallon – system $3.22 2Q11 estimated average fuel cost per gallon – scheduled $3.46  Guidance   Capacity guidance, subject to revision Year over Year Growth   Departures ASMs July 2011     Scheduled (4)% (1)%       3rd Quarter 2011     System (7) to (3)% (5) to (1)% Scheduled (8) to (4)% (5) to (1)%       4th Quarter 2011     System +3 to 7% +5 to 9% Scheduled +1 to 5% +5 to 9%       ASMs – Available seat miles      Cost and revenue guidance, subject to revision    Cost guidance    2nd Quarter 2011 Cost per available seat mile excluding fuel (CASM-ex fuel) – year over year growth +21 to 23%  Fixed fee and other revenue guidance   2nd Quarter 2011 Fixed fee revenue and other revenue (millions) $11 to $13About the Company Las Vegas-based Allegiant Travel Company (Nasdaq:ALGT) is focused on linking travelers in small cities to world-class leisure destinations such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla. Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel-related services. In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week's Top Performing Airline study and ranked 25 on FORTUNE magazine's Fastest-Growing Companies list. ALGT/G The Allegiant Travel Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8305 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.CONTACT: Allegiant Media Contact: Jordan McGee phone: 702-589-7260 e-mail: jordan.mcgee@allegiantair.com Investor Inquiries: Chris Allen phone: 702-851-7365 e-mail: ir@allegiantair.com