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Press release from GlobeNewswire (a Nasdaq OMX company)

Allegiant Reports January 2012 Traffic

Monday, February 06, 2012

Allegiant Reports January 2012 Traffic17:55 EST Monday, February 06, 2012LAS VEGAS, Feb. 6, 2012 (GLOBE NEWSWIRE) -- Allegiant Travel Company (Nasdaq:ALGT) today reported preliminary passenger traffic results for January 2012.  Scheduled Service           Jan. 2012 Jan. 2011 Change Passengers 473,549 449,541 5.3% Revenue passenger miles (000) 447,883 417,656 7.2% Available seat miles (000) 500,279 455,108 9.9% Load factor 89.5% 91.8% (2.3) pts Departures 3,489 3,356 4.0% Average stage length (miles) 925 904 2.3%          Total System*             Jan. 2012 Jan. 2011 Change Passengers 501,601 475,084 5.6% Revenue passenger miles (000) 468,304 442,477 5.8% Available seat miles (000) 537,469 501,590 7.2% Load factor 87.1% 88.2% (1.1) pts Departures 3,974 3,857 3.0% Average stage length (miles) 878 870 0.9%        *Total system includes scheduled service, fixed fee contract and non-revenue flying. Preliminary Financial Results       Change December 2011 actual year-over-year   Scheduled revenue per scheduled ASM (PRASM) change 8.3% December 2011 actual year-over-year   Scheduled total revenue per scheduled ASM (TRASM) change 5.4%     January 2012 estimated year-over-year PRASM change 9.9% to 10.3% January 2012 estimated year-over-year TRASM change 7.6% to 8.0%       $ per gallon January 2012 estimated average fuel cost per gallon – system $3.10 January 2012 estimated average fuel cost per gallon – scheduled $3.29  Guidance     Capacity guidance, subject to revision Year over Year Growth   Departures ASMs February 2012     Scheduled 18% 25%       1st Quarter 2012     System +11 to 13% +17 to 19% Scheduled +14 to 16% +21 to 23%       2nd Quarter 2012     System +13 to 17% +22 to 26% Scheduled +16 to 20% +25 to 29%       ASMs – Available seat miles    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. Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline, and offers other travel-related products such as hotel rooms, rental cars, and attraction tickets through its website, allegiant.com. The company was ranked ninth in the 2011 Forbes' Best Small Companies. Allegiant was also recently named one of FORTUNE magazine's "100 Fastest-Growing Companies" for the second consecutive year. The Allegiant Travel Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8305ALGT/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.CONTACT: Allegiant Media Contact: Brian Davis e-mail: mediarelations@allegiantair.com Investor Inquiries: Chris Allen e-mail: ir@allegiantair.com