Allegiant Reports December 2015 Traffic
/EINPresswire.com/ -- LAS VEGAS, NV--(Marketwired - January 08, 2016) - Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2015.
Scheduled Service
December 2015 December 2014 Change
---------------- ---------------- ---------
Passengers 839,848 716,694 17.2%
Revenue passenger miles (000) 799,076 684,073 16.8%
Available seat miles (000) 968,333 794,842 21.8%
Load factor 82.5% 86.1% (3.6) pts
Departures 6,142 5,044 21.8%
Average stage length (miles) 926 926 0.0%
4Q 2015 4Q 2014 Change
---------------- ---------------- ---------
Passengers 2,320,853 1,921,585 20.8%
Revenue passenger miles (000) 2,173,930 1,810,322 20.1%
Available seat miles (000) 2,623,873 2,093,833 25.3%
Load factor 82.9% 86.5% (3.6) pts
Departures 16,850 13,423 25.5%
Average stage length (miles) 914 916 (0.2%)
YTD 2015 YTD 2014 Change
---------------- ---------------- ---------
Passengers 9,355,097 8,017,442 16.7%
Revenue passenger miles (000) 8,821,908 7,711,696 14.4%
Available seat miles (000) 10,236,075 8,693,631 17.7%
Load factor 86.2% 88.7% (2.5) pts
Departures 65,683 54,440 20.7%
Average stage length (miles) 915 934 (2.0%)
Total System*
December 2015 December 2014 Change
---------------- ---------------- ---------
Passengers 844,725 727,407 16.1%
Revenue passenger miles (000) 805,167 692,181 16.3%
Available seat miles (000) 990,560 813,086 21.8%
Load factor 81.3% 85.1% (3.8) pts
Departures 6,324 5,247 20.5%
Average stage length (miles) 919 910 1.0%
4Q 2015 4Q 2014 Change
---------------- ---------------- ---------
Passengers 2,360,735 1,966,058 20.1%
Revenue passenger miles (000) 2,210,736 1,846,164 19.7%
Available seat miles (000) 2,712,464 2,169,062 25.1%
Load factor 81.5% 85.1% (3.6) pts
Departures 17,677 14,178 24.7%
Average stage length (miles) 900 898 0.2%
YTD 2015 YTD 2014 Change
---------------- ---------------- ---------
Passengers 9,500,611 8,154,357 16.5%
Revenue passenger miles (000) 8,944,952 7,825,962 14.3%
Available seat miles (000) 10,526,610 8,944,665 17.7%
Load factor 85.0% 87.5% (2.5) pts
Departures 68,653 56,961 20.5%
Average stage length (miles) 900 918 (2.0%)
*Total system includes scheduled service and fixed fee contract.
Preliminary Financial Results
November 2015 actual year-over-year
Scheduled total revenue per scheduled ASM (TRASM)
change (7.7%)
December 2015 estimated year-over-year TRASM change (12.8%) to (12.4%)
Fourth quarter 2015 estimated year-over-year TRASM
change (11.1%) to (10.7%)
$ per gallon
December 2015 estimated average fuel cost per gallon
- system $1.48
December 2015 estimated average fuel cost per gallon
- scheduled $1.48
$ per gallon
Fourth quarter 2015 estimated average fuel cost per
gallon - system $1.61
Fourth quarter 2015 estimated average fuel cost per
gallon - scheduled $1.61
Guidance
Capacity guidance, subject to revision Year over Year Growth
Departures ASMs
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January 2016
Scheduled +18% +19%
1st Quarter 2016
System +14 to 18% +15 to 19%
Scheduled +14 to 18% +15 to 19%
2nd Quarter 2016
System +13 to 17% +12 to 16%
Scheduled +13 to 17% +12 to 16%
ASMs - Available seat miles
Cost and revenue guidance, subject to revision
Cost guidance 4th Quarter 2015
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Cost per available seat mile excluding fuel (CASM-ex (32.4%) to (32.0%)
fuel) - year over year change
CASM-ex fuel (excluding non-cash AC impairment charge) - (11.7%) to (11.3%)
year over year change
Fixed fee and other revenue guidance 4th Quarter 2015
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Fixed fee revenue and other revenue (millions) $14.5 to $15.5
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. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, allegiant.com. The company has been named one of America's 100 Best Small Companies by Forbes Magazine for four consecutive years. For downloadable press kit, including photos, visit: http://gofly.us/VB3OR.
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
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