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Press release from GlobeNewswire (a Nasdaq OMX company)

Allegiant Reports February 2012 Traffic

Monday, March 05, 2012

Allegiant Reports February 2012 Traffic20:25 EST Monday, March 05, 2012LAS VEGAS, March 5, 2012 (GLOBE NEWSWIRE) -- Allegiant Travel Company (Nasdaq:ALGT) today reported preliminary passenger traffic results for February 2012.  Scheduled Service           Feb. 2012 Feb. 2011 Change Passengers 500,590 414,222 20.9% Revenue passenger miles (000) 478,217 388,829 23.0% Available seat miles (000) 528,379 418,161 26.4% Load factor 90.5% 93.0% (2.5) pts Departures 3,661 3,046 20.2% Average stage length (miles) 932 915 1.9%          Total System*           Feb. 2012 Feb. 2011 Change Passengers 532,664 445,476 19.6% Revenue passenger miles (000) 503,312 416,879 20.7% Available seat miles (000) 572,320 466,298 22.7% Load factor 87.9% 89.4% (1.5) pts Departures 4,203 3,570 17.7% Average stage length (miles) 883 874 1.0%         *Total system includes scheduled service, fixed fee contract and non-revenue flying.Preliminary Financial Results       Change January 2012 actual year-over-year    Scheduled revenue per scheduled ASM (PRASM) change 10.3% January 2012 actual year-over-year    Scheduled total revenue per scheduled ASM (TRASM) change 8.0%   February 2012 estimated year-over-year PRASM change   1.9% to 2.3% February 2012 estimated year-over-year TRASM change     1.4% to 1.8%   $ per gallon February 2012 estimated average fuel cost per gallon – system $3.26 February 2012 estimated average fuel cost per gallon – scheduled $3.43  Guidance     Capacity guidance, subject to revision Year over Year Growth   Departures ASMs March 2012      Scheduled 21% 27%       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