Thursday, 10 January 2019

Allegiant's Make a Wish jet gets an update as the airline reports its latest results

Photo Allegiant
The Las Vegas based low-cost airline Allegiant has released details of its operational performance for December and 2018. Whilst the airline saw passenger numbers slightly dip during December, the carrier performed well over the last quarter as a whole, with numbers up by some 5.2%. (full results listed below)

For the whole year, the firm experienced some impressive growth,  carrying 13,606,103 people on its scheduled services, up just over 12% on 2017 numbers.  Revenue was also up over the year as was load factor and available seat miles.

The Las Vegas hometown airline has also officially unveiled its specially liveried Airbus A320 featuring the new blue and white Make-A-Wish® logo.  This special aircraft will be based at the firm's Orlando Sanford International Airport base.

The aircraft, which has served as the world's largest mobile billboard promoting the six-year partnership between Make-A-Wish and Allegiant, was recently repainted to reflect the nonprofit's newly-redesigned logo.

The blue and white Make-A-Wish brand, with a shooting star dotting the "I" in "Wish," starts in front of the plane's wings and stretches across half of the fuselage down to the tail, where it meets the orange of Allegiant's iconic sunburst logo.

The special livery is the only one in Allegiant's fleet highlighting the airline's dedication to helping Make-A-Wish grant wishes to children with critical illnesses.  "Allegiant's contribution is crucial as nearly 77 percent of wishes require air travel, making it a mission critical resource. Great partners like Allegiant help us move closer to our vision of granting the life-changing wish of every eligible child," said Holly Thomas, Make-A-Wish vice president of corporate alliances.

Since 2012, Allegiant has partnered with Make-A-Wish, helping to fulfill the wishes of more than 1,400 children. The airline is currently a Wish Champion, recognized for making $1 million in annual contributions. "All of us at Allegiant are proud to be able to fly kids to destinations where their wishes come true," said Hilarie Grey, the airline's director of corporate communications. "Making flying accessible to everyone is embedded in our DNA at Allegiant, and our partnership with Make-A-Wish is an important way we demonstrate that."


Allegiant's results. 
Scheduled Service


December 2018
December 2017
Change
Passengers
1,061,552
1,067,530
(0.6%)
Revenue passenger miles (000)
974,429
977,595
(0.3%)
Available seat miles (000)
1,191,089
1,191,755
(0.1%)
Load factor
81.8%
82.0%
(0.2) pts
Departures
7,678
7,842
(2.1%)
Average stage length (miles)
901
900
0.1%





4th Qtr 2018
4th Qtr 2017
Change
Passengers
3,183,524
3,027,401
5.2%
Revenue passenger miles (000)
2,846,246
2,717,524
4.7%
Available seat miles (000)
3,457,044
3,284,429
5.3%
Load factor
82.3%
82.7%
(0.4) pts
Departures
23,017
22,077
4.3%
Average stage length (miles)
877
881
(0.5%)









Full year 2018
Full year 2017
Change
Passengers
13,606,103
12,138,146
12.1%
Revenue passenger miles (000)
12,145,601
10,901,161
11.4%
Available seat miles (000)
14,340,674
13,031,824
10.0%
Load factor
84.7%
83.7%
1.0 pts
Departures
96,554
88,432
9.2%
Average stage length (miles)
875
876
(0.1%)



                                                                       
Total System*





December 2018
December 2017
Change
Passengers
1,071,403
1,077,800
(0.6%)
Revenue passenger miles (000)
986,296
989,389
(0.3%)
Available seat miles (000)
1,222,161
1,230,736
(0.7%)
Load factor
80.7%
80.4%
0.3 pts
Departures
7,925
8,155
(2.8%)
Average stage length (miles)
897
895
0.2%





4th Qtr 2018
4th Qtr 2017
Change
Passengers
3,239,286
3,077,039
5.3%
Revenue passenger miles (000)
2,898,303
2,766,503
4.8%
Available seat miles (000)
3,605,069
3,430,711
5.1%
Load factor
80.4%
80.6%
(0.2) pts
Departures
24,300
23,322
4.2%
Average stage length (miles)
866
872
(0.7%)









Full year 2018
Full year 2017
Change
Passengers
13,750,199
12,310,122
11.7%
Revenue passenger miles (000)
12,307,247
11,106,772
10.8%
Available seat miles (000)
14,899,874
13,612,003
9.5%
Load factor
82.6%
81.6%
1.0 pts
Departures
101,212
93,061
8.8%
Average stage length (miles)
868
870
(0.2%)

*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results



$ per gallon
December 2018 estimated average fuel cost per gallon – system
$2.07
Fourth quarter 2018 estimated average fuel cost per gallon – system
$2.34
Full year 2018 estimated average fuel cost per gallon – system
$2.33

Guidance(1)

4th quarter 2018
Total passenger revenue per ASM (TRASM) – year over year change
+3.7 – 4.1%



Full year 2018
Operating income – millions USD
$241 - $245
Depreciation and amortization expense – millions USD
$127 - $131

1 – Both quarterly and full year guidance is subject to change