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Allegiant Air parent reports 42nd consecutive profitable quarter in 2Q2013

24-Jul-2013 12:28 PM

Allegiant Travel Company revenue up 11% – financial highlights:

  • Three months ended 30-Jun-2013:
    • Total operating revenue: USD255.9 million, +10.7% year-on-year;
      • Ancillary: USD86.9 million, +29.2%;
    • Total operating costs: USD213.0 million, +12.5%;
      • Fuel: USD97.1 million, +3.0%;
      • Labour: USD39.7 million, +19.3%;
    • Operating profit: USD42.9 million, +2.4%;
    • Net profit: USD25.8 million, +2.3%;
    • Passenger numbers: 1.9 million, +6.3%;
    • Load factor: 88.5%, +0.6 ppt;
    • Operating revenue per ASM: USD 11.99 cents, -3.4%;
    • Operating cost per ASM: USD 9.98 cents, -1.8%;
    • Cost per ASM excl fuel: USD 5.43 cents, +6.3%;
    • Average stage length: 940 miles, +9.4%;
  • Six months ended 30-Jun-2013:
    • Total operating revenue: USD528.8 million, +12.7%;
      • Ancillary: USD174.4 million, +32.6%;
    • Total operating costs: USD433.6 million, +10.9%;
      • Fuel: USD205.6 million, +4.5%;
      • Labour: USD80.8 million, +21.5%;
    • Operating profit: USD95.2 million, +21.8%;
    • Net profit: USD57.7 million, +23.0%;
    • Passenger numbers: 3.8 million, +5.4%;
    • Load factor: 88.4%, +0.1 ppt;
    • Operating revenue per ASM: USD 12.30 cents, -0.9%;
    • Operating cost per ASM: USD 10.09 cents, -2.4%;
    • Cost per ASM excl fuel: USD 5.31 cents, +3.3%;
    • Average stage length: 948 miles, +8.6%;
  • Jul-2013 guidance:
    • Passenger revenue per ASM: -5% to -3%;
    • Total revenue per ASM: -4% to -2%;
  • 3Q2013 guidance:
    • Capacity (ASM): +1% to +5%;
    • Scheduled: +5% to +9%;
    • Passenger revenue per ASM: +1.5% to +3.5%;
    • Total revenue per ASM: +0.5% to +2.5%;
    • Cost per ASM excl fuel: +7% to +9%. [more - original PR]