$ALGT (Allegiant Travel Company)

$ALGT {{ '2016-05-05T17:55:37+0000' | timeago}} • Announcement

$ALGT said its April revenue passenger miles grew by 11% to 806.76MM from the previous year period and its available seat miles increased 13.3% to 977.07MM. Load factor decreased to 82.6% from 84.3% last year. Passengers increased 11.3% and departures grew 12.7%.

$ALGT {{ '2017-07-10T20:23:42+0000' | timeago}} • Announcement

$ALGT reported a 6.8% increase in revenue passenger miles (RPM) for June 2017 versus June 2016 along with a 7.6% increase in available seat miles (ASM). For 2Q17, RPM grew 11% while ASM grew 12.7% versus 2Q16. $ALGT expects a 3-7% increase in 3Q17 and a 9-13% increase in 4Q17 for ASM.

$ALGT {{ '2017-06-20T12:27:51+0000' | timeago}} • Announcement

$ALGT announced 28 new routes and service from three new U.S. cities: Gulfport, Mississippi; Norfolk, Virginia; and Milwaukee, Wisconsin. The company is offering one-way fares on the new routes for as low as $29.

$ALGT {{ '2017-06-13T22:33:06+0000' | timeago}} • Announcement

$ALGT announced an agreement with ALAFCO Aviation Lease and Finance Company to lease 13 Airbus A320 aircraft. The 13 Airbus aircraft acquired via this agreement are expected to enter service with $ALGT beginning in 1Q18. The agreement includes an option to purchase at the end of the lease term.

$ALGT {{ '2017-06-08T13:01:17+0000' | timeago}} • Announcement

$ALGT expects available seat miles to improve 8% in June 2017, 12-14% in 2Q17 and 3-7% in 3Q17. Departures are expected to improve 11% in June 2017, 15-17% in 2Q17 and 4-8% in 3Q17. TRASM for 2Q17 is expected to grow 1.5-3.5%.

$ALGT {{ '2017-06-08T12:52:19+0000' | timeago}} • Announcement

In May 2017, passengers for $ALGT's Scheduled Service rose 14.8% YoY to 1.01MM, while that for Total System increased 14.8% YoY to 1.02MM. Revenue passenger miles rose 10.5% YoY for Scheduled Service and 10.7% YoY for Total System.

$ALGT {{ '2017-05-26T21:03:21+0000' | timeago}} • Announcement

$ALGT said Jude Bricker has resigned his position as Executive Vice President and Chief Operating Officer. Mr. Bricker will depart his position with $ALGT effective May 26, 2017. Scott Sheldon, Executive Vice President and Chief Financial Officer, will act as Interim Chief Operating Officer until a successor is selected.

$ALGT {{ '2017-05-15T10:43:00+0000' | timeago}} • Announcement

$ALGT said Ponder Harrison has resigned from his position as EVP and chief marketing officer. Harrison will resume his consulting role with the company.

$ALGT {{ '2017-05-05T14:34:34+0000' | timeago}} • Announcement

$ALGT reported preliminary traffic for the month of April 2017 of 941.04MM revenue passenger miles, up 16.7% from last year. Capacity grew 19% to 1.16Bil available seat miles. Load factor declined 1.7 points to 80.9% from 82.6% and average stage length decreased 2.6% to 894 miles. Departures grew 23.9% to 7,764.

$ALGT {{ '2017-04-11T13:10:02+0000' | timeago}} • Announcement

$ALGT expects scheduled departures to increase 21% year-over-year for the month of April 2017 and available seat miles (ASMs) to grow 18%. For 2Q17, $ALGT sees system departures growth of 14-18% and system ASMs growth of 11-15%. For 3Q17, the company sees system departures growth of 4-8% and system ASMs growth of 3-7%.

$ALGT {{ '2017-04-11T13:06:54+0000' | timeago}} • Announcement

$ALGT reported preliminary traffic for 1Q17 of 2.71Bil revenue passenger miles, up 7.5% from last year. Capacity increased 12.5% to 3.38Bil available seat miles. Load factor decreased 3.8 points to 80.2%. Passengers grew 11.1% to 2.88MM and departures rose 17.9% to 22,295, while average stage length fell 3.4% to 903 miles.

$ALGT {{ '2017-04-11T13:05:23+0000' | timeago}} • Announcement

$ALGT reported preliminary traffic for the month of March 2017 of 1.09Bil revenue passenger miles, up 6.3% from last year. Capacity increased 11.1% to 1.32Bil available seat miles. Load factor decreased 3.8 points to 82.7%. Passengers grew 9.7% to 1.15MM and departures rose 16% to 8,637, while average stage length fell 3.2% to 910 miles.

$ALGT {{ '2017-03-24T20:47:49+0000' | timeago}} • Announcement

$ALGT appointed Ponder Harrison as EVP and chief marketing officer, Allegiant Travel Co., effective March 27, 2017. He will be responsible for all marketing, sales, distribution, product development, brand integration and customer innovation strategies. Harrison will report to Allegiant President John Redmond.

$ALGT {{ '2017-03-24T18:30:28+0000' | timeago}} • Announcement

$ALGT named Ponder Harrison as new EVP and chief marketing officer, effective March 27. Mr. Harrison was the founder, chairman and CEO of Virtual Premise, Inc. until its acquisition by $CSGP in 2011.

$ALGT {{ '2017-03-07T14:40:57+0000' | timeago}} • Announcement

$ALGT's YoY Scheduled TRASM change for January 2017 was down 6.5%. Estimated TRASM change for Feb 2017 was down between 3.2% and 2.8%. Estimated average fuel cost per gallon in Feb 2017 was $1.84 per gallon.

$ALGT {{ '2017-03-07T14:40:48+0000' | timeago}} • Announcement

$ALGT expects 14% more Scheduled Departures and 11% increase in ASMs in March 2017. In 1Q17, System Departures are expected to be up between 15% and 17%, while ASMs are predicted to be in the range of 11-13%. In 2Q17, Departures are forecast to be up 14-18% and ASMs in the range of 11-15%.

$ALGT {{ '2017-03-07T14:40:38+0000' | timeago}} • Announcement

In February 2017, the number of passengers using $ALGT's Scheduled Service grew 7% YoY to 851,185. Total revenue passenger miles were up 4.4% to 817,784 and Departures stood at 6,750, at a growth rate of 15.4%. Meanwhile, load factor was down 4.3 points to 79.7%.

$ALGT {{ '2017-01-10T18:27:52+0000' | timeago}} • Announcement

$ALGT expects scheduled departures for the month of January 2017 to increase by 20% and available seat miles to rise by 16%. For 1Q17, the company sees scheduled departures growth of 14-18% and capacity growth of 10-14%. For 2Q17, $ALGT sees scheduled departures growth of 14-18% and capacity growth of 11-15%.

$ALGT {{ '2017-01-10T18:24:46+0000' | timeago}} • Announcement

$ALGT reported that preliminary traffic for the month of December 2016 rose 10.6% YoverY to 883.46MM revenue passenger miles and capacity grew 13.2% to 1.1Bil available seat miles. Load factor fell 1.9 points to 80.6% from 82.5% last year. For 4Q16, traffic increased by 11.2%, capacity climbed by 12.6% and load factor declined 1.1 points to 81.8%.

$ALGT {{ '2016-11-30T13:49:52+0000' | timeago}} • Announcement

$ALGT announced its plan to offer additional notes of its 5.50% senior notes due 2019. The notes will be consolidated, form a single series, and be fully fungible with the outstanding notes issued on June 25, 2014 and will be general unsecured senior obligations of the company. $ALGT will use the net proceeds for general corporate purposes.

$ALGT {{ '2016-09-21T08:45:32+0000' | timeago}} • Announcement

Leisure travel company $ALGT said it has withdrawn the proposed offering of $300MM of senior notes due 2023 due to adverse market conditions.

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