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Press release from GlobeNewswire (a Nasdaq OMX company)

Allegiant Reports December 2011 Traffic

Monday, January 09, 2012

Allegiant Reports December 2011 Traffic19:08 EST Monday, January 09, 2012LAS VEGAS, Jan. 9, 2012 (GLOBE NEWSWIRE) -- Allegiant Travel Company (Nasdaq:ALGT) today reported preliminary passenger traffic results for December, fourth quarter and full year 2011.Scheduled Service           Dec. 2011 Dec. 2010 Change Passengers 533,634 492,841 8.3% Revenue passenger miles (000) 502,639 456,820 10.0% Available seat miles (000) 566,271 510,448 10.9% Load factor 88.8% 89.5% (0.7)pts Departures 3,977 3,742 6.3% Average stage length (miles) 926 909 1.9%           4Q11 4Q10 Change Passengers 1,392,092 1,295,703 7.4% Revenue passenger miles (000) 1,283,218 1,190,960 7.7% Available seat miles (000) 1,431,430 1,325,364 8.0% Load factor 89.6% 89.9% (0.3)pts Departures 10,360 9,774 6.0% Average stage length (miles) 904 904 -- %           YTD11 YTD10 Change Passengers 5,776,462 5,609,852 3.0% Revenue passenger miles (000) 5,314,976 5,211,663 2.0% Available seat miles (000) 5,797,753 5,742,014 1.0% Load factor 91.7% 90.8% 0.9pts Departures 42,586 41,995 1.4% Average stage length (miles) 901 912 (1.2)%        Total System*         Dec. 2011 Dec. 2010 Change Passengers 558,378 506,848 10.2% Revenue passenger miles (000 520,446 468,655 11.1% Available seat miles (000) 600,643 539,303 11.4% Load factor 86.6% 86.9% (0.3)pts Departures 4,433 4,099 8.1% Average stage length (miles) 885 880 0.6%           4Q11 4Q10 Change Passengers 1,496,923 1,363,779 9.8% Revenue passenger miles (000 1,363,855 1,248,333 9.3% Available seat miles (000) 1,575,899 1,441,801 9.3% Load factor 86.5% 86.6% (0.1)pts Departures 12,166 11,161 9.0% Average stage length (miles) 853 867 (1.6)%           YTD11 YTD10 Change Passengers 6,175,808 5,903,184 4.6% Revenue passenger miles (000 5,640,577 5,466,237 3.2% Available seat miles (000) 6,364,243 6,246,544 1.9% Load factor 88.6% 87.5% 1.1pts Departures 49,360 47,986 2.9% Average stage length (miles) 858 874 (1.8)%        *Total system includes scheduled service, fixed fee contract and non-revenue flying.  Preliminary Financial Results       Change November 2011 actual year-over-year   Scheduled revenue per scheduled ASM (PRASM) change 11.2% November 2011 actual year-over-year   Scheduled total revenue per scheduled ASM (TRASM) change 9.0%     December 2011 estimated year-over-year PRASM change 7.9% to 8.3% December 2011 estimated year-over-year TRASM change 5.3% to 5.7%     4Q11 estimated year-over-year PRASM change 11.3% to 11.7% 4Q11 estimated year-over-year TRASM change 8.7% to 9.1%       $ per gallon December 2011 estimated average fuel cost per gallon – system $3.10 December 2011 estimated average fuel cost per gallon – scheduled $3.23     4Q11 estimated average fuel cost per gallon – system $3.08 4Q11 estimated average fuel cost per gallon – scheduled $3.29    Guidance       Capacity guidance, subject to revision Year over Year Growth     Departures ASMs January 2012     Scheduled 2% 9%       1st Quarter 2012     System +10 to 14% +17 to 21% Scheduled +13 to 17% +19 to 23%       2nd Quarter 2012     System +13 to 17% +22 to 26% Scheduled +16 to 20% +25 to 29%       ASMs – Available seat miles          Cost and revenue guidance, subject to revision      Cost guidance     4th Quarter 2011 Cost per available seat mile excluding fuel (CASM-ex fuel) – year over year growth +6.5 to 7.5%     Fixed fee and other revenue guidance     4th Quarter 2011 Fixed fee revenue and other revenue (millions) $15 to $16    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 such as Fort Lauderdale, Fla., Las Vegas, Los Angeles, Phoenix-Mesa, Orlando, Fla., and Tampa/St. Petersburg, Fla. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, and offers other travel-related products such as hotel rooms, rental cars, and attraction tickets. The company ranked ninth this year in Forbes' Best Small Companies. Allegiant was also recently named one of FORTUNE magazine's "100 Fastest-Growing Companies" for the second consecutive year. In 2010, Allegiant was ranked number one for low-cost carriers in Aviation Week's Top Performing Airline study. 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 Inquiries: Brian Davis mediarelations@allegiantair.com Investor Inquiries: Chris Allen ir@allegiantair.com