Allegiant expecting 7.5-8.5% increase in RASM in 2Q2010

Allegiant Travel Company expects (15-Jun-2010) RASM to increase 7.5-8.5% year-on-year and TRASM to increase 6.0-7.0% for 2Q2010. Average total fares for the quarter is expected to increase 9.0-10.0%, while cost per passenger (excluding fuel) is expected to be USD52-53. System capacity (ASMs) is expected to be increased by 8.6-9.0%. Allegiant has USD29 million in cash at present. [more]