Las Vegas. March 6, 2014 – Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for February 2014.
“Both January and February PRASM and TRASM have outperformed our prior guidance,” said Andrew Levy, President and COO of Allegiant Travel Co. “We now expect our first quarter PRASM to be between 0.5 and 1.5 percent and first quarter TRASM to be within the range of (1) to 0 percent. We are also adjusting our CASM ex fuel guidance range for the first quarter to be between 11 and 13 percent as the amount of sub service flying will not be as high as previously expected and the timing of some expenses are shifting to the second quarter. We are leaving our full year CASM ex fuel guidance between four and seven percent.”