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Allegiant Reports August 2014 Traffic

LAS VEGAS, NV--(Marketwired - September 04, 2014) - Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2014.

                                                                            
                                                                            
                                                          Scheduled Service 
                                                                            
                                               Aug 2014  Aug 2013   Change  
                                              ------------------------------
Passengers                                      657,307   560,516    17.3%  
Revenue passenger miles (000)                   623,677   542,771    14.9%  
Available seat miles (000)                      688,798   590,812    16.6%  
Load factor                                      90.5%     91.9%   (1.4) pts
Departures                                       4,367     3,683     18.6%  
Average stage length (miles)                      919       934     (1.6%)  
                                                                            
                                                                            
                                                                            
                                                             Total System * 
                                                                            
                                               Aug 2014  Aug 2013   Change  
                                              ------------------------------
Passengers                                      666,410   571,146    16.7%  
Revenue passenger miles (000)                   630,519   550,765    14.5%  
Available seat miles (000)                      708,872   608,314    16.5%  
Load factor                                      88.9%     90.5%   (1.6) pts
Departures                                       4,585     3,883     18.1%  
Average stage length (miles)                      902       914     (1.4%)  
*Total system includes scheduled service and fixed fee contract.            
                                                                            
                                                                            
                       Preliminary Financial Results                        
                                                                            
                                                          Change            
July 2014 actual year-over-year                                             
 Scheduled revenue per scheduled ASM (PRASM) change       3.7%              
July 2014 actual year-over-year                                             
 Scheduled total revenue per scheduled ASM (TRASM) change 3.1%              
                                                                            
                                                                            
Aug 2014 estimated year-over-year PRASM change            (1.1)% to (0.7)%  
Aug 2014 estimated year-over-year TRASM change            (0.9)% to (0.5)%  
                                                                            
                                                          $ per gallon      
Aug 2014 estimated average fuel cost per gallon - system  $3.12             
Aug 2014 estimated average fuel cost per gallon -                           
 scheduled                                                $3.16             
                                                                            
                                                                            
                                  Guidance                                  
                                                    Year over Year Growth   
Capacity guidance, subject to revision                                      
----------------------------------------------------                        
                                                    Departures  ASMs        
September 2014                                                              
 Scheduled                                          +10%        +10%        
                                                                            
3rd Quarter 2014                                                            
 System                                             +11 to 13%  +10 to 12%  
 Scheduled                                          +11 to 13%  +10 to 12%  
                                                                            
4th Quarter 2014                                                            
 System                                             +9 to 13%   +8 to 12%   
 Scheduled                                          +9 to 13%   +8 to 12%   
                                                                            
                                                                            

ASMs - Available seat miles

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://gofly.us/B6R50

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, 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 five consecutive years. In 2014, AVIATION WEEK ranked Allegiant the Top-Performing Airline in North America for the third consecutive year. For downloadable press kit, including photos, visit: http://gofly.us/xG7se.

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