Monday, 11 December 2017

Allegiant's November Results



Allegiant Travel Company last week  reported preliminary passenger traffic results for November 2017. 
Scheduled Service


November 2017
November 2016
Change
Passengers
961,225
854,114
12.5%
Revenue passenger miles (000)
862,158
766,850
12.4%
Available seat miles (000)
1,028,881
934,843
10.1%
Load factor
83.8%
82.0%
1.8 pts
Departures
6,940
6,335
9.6%
Average stage length (miles)
881
879
0.2%






Total System*


November 2017
November 2016
Change
Passengers
977,891
866,737
12.8%
Revenue passenger miles (000)
879,464
779,725
12.8%
Available seat miles (000)
1,079,028
975,552
10.6%
Load factor
81.5%
79.9%
1.6 pts
Departures
7,355
6,658
10.5%
Average stage length (miles)
872
871
0.1%

*Total system includes scheduled service and fixed fee contract.


Preliminary Financial Results


$ per gallon
Nov 2017 estimated average fuel cost per gallon – system
$2.05



Guidance

Capacity guidance, subject to revision
Year over Year Growth

Departures
ASMs
December 2017


            Scheduled
+5%
+8%



4th Quarter 2017


            System
+9 to 11%
+10 to 12%
            Scheduled
+9 to 11%
+10 to 12%



1st Quarter 2018


            System
+8 to 12%
+10 to 14%
            Scheduled
+8 to 12%
+10 to 14%



ASMs – Available seat miles

Quarterly TRASM guidance, subject to revision


4th Quarter 2017
Current guidance
(1)   to 1%


            Previous TRASM guidance – November 30, 2017
(1)   to 1%

Allegiant®
Las Vegas-based Allegiant (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The airline offers industry-low fares on an all-jet fleet while also offering other travel-related products such as hotel rooms and rental cars. All can be purchased only through the company website, Allegiant.com. Beginning with one aircraft and one route in 1999, the company has grown to more than 85 aircraft and 350 routes across the country with base airfares less than half the cost of the average domestic roundtrip ticket. For downloadable press kit, including photos, visit: http://gofly.us/iiFa303wrtF.
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