Allegiant Reports September 2015 Traffic

LAS VEGAS, NV--(Marketwired - October 06, 2015) - Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September, 2015.

Scheduled Service

		Sep 2015		Sep 2014		Change
Passengers		530,889		450,306		17.9%
Revenue passenger miles (000)		484,339		419,329		15.5%
Available seat miles (000)		584,822		483,253		21.0%
Load factor		82.8%		86.8%		(4.0) pts
Departures		3,859		3,137		23.0%
Average stage length (miles)		887		896		(1.0%)

		3Q15		3Q14		Change
Passengers		2,383,556		1,940,348		22.8%
Revenue passenger miles (000)		2,204,760		1,839,640		19.8%
Available seat miles (000)		2,526,292		2,033,318		24.2%
Load factor		87.3%		90.5%		(3.2) pts
Departures		16,563		12,925		28.1%
Average stage length (miles)		894		916		(2.4%)

Total System*

		Sep 2015		Sep 2014		Change
Passengers		547,529		468,240		16.9%
Revenue passenger miles (000)		499,151		436,590		14.3%
Available seat miles (000)		615,612		523,306		17.6%
Load factor		81.1%		83.4%		(2.3) pts
Departures		4,152		3,463		19.9%
Average stage length (miles)		868		878		(1.1%)

		3Q15		3Q14		Change
Passengers		2,420,819		1,971,917		22.8%
Revenue passenger miles (000)		2,235,683		1,867,660		19.7%
Available seat miles (000)		2,597,658		2,106,168		23.3%
Load factor		86.1%		88.7%		(2.6) pts
Departures		17,330		13,607		27.4%
Average stage length (miles)		878		902		(2.7%)
*Total system includes scheduled service and fixed fee contract.

Preliminary Financial Results

			Change
Aug 2015 actual year-over-year
	Scheduled total revenue per scheduled ASM (TRASM) change		(11.8%)
Sep 2015 estimated year-over-year TRASM change			(7.8%) to (7.4%)
3Q15 estimated year-over-year TRASM change			(8.6%) to (8.2%)
			$ per gallon
Sep 2015 estimated average fuel cost per gallon - system			$1.70
Sep 2015 estimated average fuel cost per gallon - scheduled			$1.71
			$ per gallon
3Q15 estimated average fuel cost per gallon - system			$1.82
3Q15 estimated average fuel cost per gallon - scheduled			$1.83

Guidance

Capacity guidance, subject to revision
				Year over Year Growth Departures		ASMs
Oct 2015
		Scheduled		+26%		+28%
4th Quarter 2015
		System		+22 to 26%		+22 to 26%
		Scheduled		+22 to 26%		+22 to 26%
1st Quarter 2016
		System		+14 to 18%		+15 to 19%
		Scheduled		+14 to 18%		+15 to 19%
ASMs - Available seat miles

Cost and revenue guidance, subject to revision
Cost guidance
		3rd Quarter 2015
Cost per available seat mile excluding fuel (CASM-ex fuel) - year over year change		(11.4) to (11.0%)
Fixed fee and other revenue guidance
		3rd Quarter 2015
Fixed fee revenue and other revenue (millions)		$12.5 to $13.0

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/PBqgm.

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.allegiant.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: [e-mail]

Investor Inquiries:
Chris Allen
e-mail: [e-mail]