Allegiant Travel Company (NASDAQ: ALGT) today (08.01) reported preliminary passenger traffic results for December 2015.
| Scheduled Service | |||||
| December 2015 | December 2014 | Change | |||
| Passengers | 839,848 | 716,694 | 17.2% | ||
| Revenue passenger miles (000) | 799,076 | 684,073 | 16.8% | ||
| Available seat miles (000) | 968,333 | 794,842 | 21.8% | ||
| Load factor | 82.5% | 86.1% | (3.6) pts | ||
| Departures | 6,142 | 5,044 | 21.8% | ||
| Average stage length (miles) | 926 | 926 | 0.0% | ||
| 4Q 2015 | 4Q 2014 | Change | |||
| Passengers | 2,320,853 | 1,921,585 | 20.8% | ||
| Revenue passenger miles (000) | 2,173,930 | 1,810,322 | 20.1% | ||
| Available seat miles (000) | 2,623,873 | 2,093,833 | 25.3% | ||
| Load factor | 82.9% | 86.5% | (3.6) pts | ||
| Departures | 16,850 | 13,423 | 25.5% | ||
| Average stage length (miles) | 914 | 916 | (0.2%) | ||
| YTD 2015 | YTD 2014 | Change | |||
| Passengers | 9,355,097 | 8,017,442 | 16.7% | ||
| Revenue passenger miles (000) | 8,821,908 | 7,711,696 | 14.4% | ||
| Available seat miles (000) | 10,236,075 | 8,693,631 | 17.7% | ||
| Load factor | 86.2% | 88.7% | (2.5) pts | ||
| Departures | 65,683 | 54,440 | 20.7% | ||
| Average stage length (miles) | 915 | 934 | (2.0%) | ||
| Total System* | |||||
| December 2015 | December 2014 | Change | |||
| Passengers | 844,725 | 727,407 | 16.1% | ||
| Revenue passenger miles (000) | 805,167 | 692,181 | 16.3% | ||
| Available seat miles (000) | 990,560 | 813,086 | 21.8% | ||
| Load factor | 81.3% | 85.1% | (3.8) pts | ||
| Departures | 6,324 | 5,247 | 20.5% | ||
| Average stage length (miles) | 919 | 910 | 1.0% | ||
| 4Q 2015 | 4Q 2014 | Change | |||
| Passengers | 2,360,735 | 1,966,058 | 20.1% | ||
| Revenue passenger miles (000) | 2,210,736 | 1,846,164 | 19.7% | ||
| Available seat miles (000) | 2,712,464 | 2,169,062 | 25.1% | ||
| Load factor | 81.5% | 85.1% | (3.6) pts | ||
| Departures | 17,677 | 14,178 | 24.7% | ||
| Average stage length (miles) | 900 | 898 | 0.2% | ||
| YTD 2015 | YTD 2014 | Change | |||
| Passengers | 9,500,611 | 8,154,357 | 16.5% | ||
| Revenue passenger miles (000) | 8,944,952 | 7,825,962 | 14.3% | ||
| Available seat miles (000) | 10,526,610 | 8,944,665 | 17.7% | ||
| Load factor | 85.0% | 87.5% | (2.5) pts | ||
| Departures | 68,653 | 56,961 | 20.5% | ||
| Average stage length (miles) | 900 | 918 | (2.0%) | ||
*Total system includes scheduled service and fixed fee contract.
Preliminary Financial Results
| November 2015 actual year-over-year | |||
| Scheduled total revenue per scheduled ASM (TRASM) change | (7.7%) | ||
| December 2015 estimated year-over-year TRASM change | (12.8%) to (12.4%) | ||
| Fourth quarter 2015 estimated year-over-year TRASM change | (11.1%) to (10.7%) | ||
| $ per gallon | |||
| December 2015 estimated average fuel cost per gallon – system | $1.48 | ||
| December 2015 estimated average fuel cost per gallon – scheduled | $1.48 | ||
| $ per gallon | |||
| Fourth quarter 2015 estimated average fuel cost per gallon – system | $1.61 | ||
| Fourth quarter 2015 estimated average fuel cost per gallon – scheduled | $1.61 | ||
| Guidance | |||
| Capacity guidance, subject to revision | Year over Year Growth | ||
| Departures | ASMs | ||
| January 2016 | |||
| Scheduled | +18% | +19% | |
| 1st Quarter 2016 | |||
| System | +14 to 18% | +15 to 19% | |
| Scheduled | +14 to 18% | +15 to 19% | |
| 2nd Quarter 2016 | |||
| System | +13 to 17% | +12 to 16% | |
| Scheduled | +13 to 17% | +12 to 16% | |
ASMs – Available seat miles
Cost and revenue guidance, subject to revision
| Cost guidance | 4th Quarter 2015 | |
| Cost per available seat mile excluding fuel (CASM-ex fuel) – year over year change | (32.4%) to (32.0%) | |
| CASM-ex fuel (excluding non-cash AC impairment charge) – year over year change | (11.7%) to (11.3%) | |
| Fixed fee and other revenue guidance | 4th Quarter 2015 | |
| Fixed fee revenue and other revenue (millions) | $14.5 to $15.5 | |
Source / Author: Allegiant