Allegiant pax up 16% in Aug-2012, unit revenue declines. Capacity to increase 22% in Sep-2012

Allegiant Air passenger numbers up 16% - traffic highlights for Aug-2012:

• Passenger numbers: 588,506, +15.9% year-on-year;
• Load factor: 87.4%, -2.4 ppts;
• Average stage length: 855 miles, +0.1%;
• Estimated scheduled total revenue per ASM: -2.6% to -2.2%;
• Estimated scheduled passenger revenue per ASM: -8.9% to -8.5%;
• Jul-2012:
  
  • Scheduled total revenue per ASM: +2.9%;
  • Scheduled passenger revenue per ASM: -1.4%.

The carrier also reported the following capacity guidance*:

• Aug-2012:
  • Scheduled capacity (ASM): +22% year-on-year;
• 3Q2012:
  • System capacity: +13% to +15%;
  • Scheduled capacity: +14% to +16%;
• 4Q2012:
  • System capacity: +19% to +23%;
  • Scheduled capacity: +22% to +26%. [more - original PR]