Sioux Falls Regional Airport Sioux Falls, South Dakota

Transcription

1 Sioux Falls Regional Airport Sioux Falls, South Dakota Volume 154 Twelve Months Ended Fourth Quarter 2015 May % At Sioux Falls, Allegiant generated $28.1 million in revenue from 176,850 passengers, with an estimated profit of $8.9 million - a margin of 31.8% over the latest 12 months Estimated Allegiant Margins 40.0% 36% 35.0% 30% 32% 30.0% 25% 20% 19% 25.0% 22% 19% 20.0% 18% 15.0% 9% 10% 10.0% 5.0% 1% 2% 1% 0% 0.0% -5.0% FSD G4 Total 2801 Jaycee Ln 497 Oakway Road, Suite 280 Sioux Falls, South Dakota Eugene, Oregon (605) (541)

2 Table of Contents Company Results 2 Allegiant Revenue Passenger Profit / Loss 3-4 Ranking of Allegiant Revenue Airports - Sioux Falls is Ranked 14th Sioux Falls Total Results 5 Graphs of Top 10 Passenger and Revenue Airports at Sioux Falls 6 Graphs of Total Passengers and Revenues by Quarter at Sioux Falls 7 Allegiant O&D Paxs, Revenue, Fares and Yields at Sioux Falls 8 Allegiant Departures, Seats, Onboard and Load Factors at Sioux Falls 9 Allegiant Estimated Total Revenue and Profit / Loss at Sioux Falls Mesa Gateway Results 10 Ranking of Allegiant Revenue Airports at Mesa Gateway - Sioux Falls is Ranked 2nd 11 Allegiant Ticketed Statistics Between Sioux Falls and Mesa Gateway 12 Allegiant Onboard Statistics Between Sioux Falls and Mesa Gateway 13 Allegiant Estimated Profit / Loss Between Sioux Falls and Mesa Gateway Las Vegas Results 14 Ranking of Allegiant Revenue Airports at Las Vegas - Sioux Falls is Ranked 6th 15 Allegiant Ticketed Statistics Between Sioux Falls and Las Vegas 16 Allegiant Onboard Statistics Between Sioux Falls and Las Vegas 17 Allegiant Estimated Profit / Loss Between Sioux Falls and Las Vegas Sanford/Orlando Results 18 Ranking of Allegiant Revenue Airports at Sanford/Orlando - Sioux Falls is Ranked 21st 19 Allegiant Ticketed Statistics Between Sioux Falls and Sanford/Orlando 20 Allegiant Onboard Statistics Between Sioux Falls and Sanford/Orlando 21 Allegiant Estimated Profit / Loss Between Sioux Falls and Sanford/Orlando St. Pete / Clearwater Results 22 Ranking of Allegiant Revenue Airports at St. Pete / Clearwater - Sioux Falls is Ranked 29th 23 Allegiant Ticketed Statistics Between Sioux Falls and St. Pete / Clearwater 24 Allegiant Onboard Statistics Between Sioux Falls and St. Pete / Clearwater 25 Allegiant Estimated Profit / Loss Between Sioux Falls and St. Pete / Clearwater Table of Contents 1A

3 Table of Contents Los Angeles Results 26 Ranking of Allegiant Revenue Airports at Los Angeles - Sioux Falls is Ranked 13th 27 Allegiant Ticketed Statistics Between Sioux Falls and Los Angeles 28 Allegiant Onboard Statistics Between Sioux Falls and Los Angeles 29 Allegiant Estimated Profit / Loss Between Sioux Falls and Los Angeles Table of Contents 1B

4 Allegiant Revenue Passenger Profit / Loss Outbound + Inbound Statistics Passenger Ancillary Total Load Year Revenue Revenue Revenue Costs Profit/Loss Margin Factor $ $ $ $ $ % 86 9% $87,643,577 $29,146,644 $116,790,221 $111,505,127 $5,285, % 88.0% $73,789,185 $27,538,890 $101,328,075 $91,314,477 $10,013, % 93.8% $77,797,436 $30,739,240 $108,536,676 $83,741,660 $24,795, % 89.7% $90,198,635 $41,246,187 $131,444,822 $89,047,186 $42,397, % 90.8% $89,708,769 $44,612,052 $134,320,821 $101,246,850 $33,073, % 88.2% $81,065,250 $40,343,266 $121,408,516 $100,320,490 $21,088, % 89.9% $85,248,269 $36,842,315 $122,090,584 $104,932,539 $17,158, % 90.2% $110,441,620 $47,619,677 $158,061,297 $122,254,992 $35,806, % 91.7% $107,452,888 $50,634,797 $158,087,685 $129,425,058 $28,662, % 91.8% $104,187,114 $50,103,186 $154,290,300 $132,356,875 $21,933, % 89.6% $105,755,279 $45,733,826 $151,489,105 $129,753,136 $21,735, % 89.9% $128,533,622 $52,250,833 $180,784,455 $149,725,862 $31,058, % 92.9% $133,302,027 $54,299,106 $187,601,134 $164,007,126 $23,594, % 92.0% $125,545,227 $52,750,101 $178,295,328 $160,451,169 $17,844, % 92.2% $127,599,153 $50,613,882 $178,213,035 $157,886,729 $20,326, % 89.6% $161,641,456 $64,139,750 $225,781,205 $188,061,622 $37,719, % 91.1% $151,641,980 $67,185,527 $218,827,506 $176,032,262 $42,795, % 90.1% $133,081,651 $68,928,703 $202,010,354 $173,513,067 $28,497, % 90.1% $139,674,626 $71,124,526 $210,799,152 $183,531,600 $27,267, % 86.5% $179,927,941 $87,568,642 $267,496,583 $213,328,002 $54,168, % 89.8% $165,305,712 $86,895,453 $252,201,165 $207,842,083 $44,359, % 89.5% $148,462,135 $75,148,128 $223,610,263 $192,968,726 $30,641, % 90.8% $157,626,201 $75,264,137 $232,890,338 $201,055,044 $31,835, % 85.2% $203,521,187 $96,084,048 $299,605,235 $239,777,305 $59,827, % 88.5% $189,162,412 $95,356,785 $284,519,197 $229,003,256 $55,515, % 89.5% $166,889,331 $85,242,101 $252,131,432 $227,934,948 $24,196, % 90.5% $172,443,038 $91,589,303 $264,032,341 $255,028,859 $9,003, % 86.5% $200,533,537 $115,773,097 $316,306,634 $215,294,958 $101,011, % 88.0% $186,319,638 $124,334,193 $310,653,831 $224,185,887 $86,467, % 86.7% $169,995,214 $117,437,804 $287,433,018 $216,755,854 $70,677, % 87.3% $178,728,890 $116,785,323 $295,514,212 $209,909,840 $85,604, % 82.9% $201,610,776 $129,186,989 $330,797,765 $219,664,686 $111,133, % 85.7% YE 1Q 09 YE 1Q 10 YE 1Q 11 YE 1Q 12 YE 1Q 13 YE 1Q 14 YE 1Q 15 YE 1Q 16 $329,428,833 $128,670,962 $458,099,795 $375,608,449 $82,491, % $366,463,908 $169,417,310 $535,881,218 $428,754,871 $107,126, % $445,928,903 $198,722,643 $644,651,545 $541,260,930 $103,390, % $548,087,863 $221,802,839 $769,890,702 $670,406,646 $99,484, % $604,326,198 $294,807,397 $899,133,595 $746,404,931 $152,728, % $674,915,234 $333,391,766 $1,008,307,000 $841,643,157 $166,663, % $729,028,318 $387,961,285 $1,116,989,603 $927,262,021 $189,727, % $736,654,518 $487,744,309 $1,224,398,826 $870,516,266 $353,882, % Total $4,434,833,775 $2,222,518,510 $6,657,352,285 $5,401,857,271 $1,255,495, % page 2

5 Ranking of Allegiant Revenue Airports - Sioux Falls is Ranked 14th Twelve Months Ended Fourth Quarter 2015 Approximates 100% Sample - Outbound Statistics - Ranked by Revenue Rank Total O&D Total O&D Itinerary Avg Avg Airport Revenue RDEW Passengers PDEW Mileage Fare Yield 1 Las Vegas $89,023,153 $243,899 1,119,087 3, $ Sanford/Orlando $79,602,532 $218,089 1,076,986 2, $ Mesa Gateway $57,060,592 $156, ,144 1, ,023 $ St. Pete / Clearwater $56,296,197 $154, ,393 2, $ Punta Gorda $35,472,592 $97, ,716 1, $ Los Angeles $19,433,257 $53, , ,358 $ Bellingham $15,802,783 $43, , $ Fort Lauderdale $14,339,686 $39, , $ Cincinnati $14,296,269 $39, , $ Honolulu $13,480,036 $36,932 83, ,637 $ Grand Rapids $9,761,240 $26,743 97, ,229 $ Cedar Rapids $9,482,486 $25,979 97, ,199 $ Rockford $8,964,567 $24,560 94, ,205 $ Sioux Falls $8,818,654 $24,161 88, ,170 $ Des Moines $8,783,498 $24,064 97, ,181 $ Plattsburgh $8,697,017 $23,827 80, ,262 $ South Bend $8,647,360 $23,691 96, ,162 $ Peoria $8,421,821 $23,073 98, ,165 $ Fargo $7,695,546 $21,084 72, ,297 $ Lexington $7,678,739 $21, , $ Allentown $7,666,855 $21, , $ Indianapolis $7,654,621 $20, , $ Springfield, MO $7,030,542 $19,262 86, ,025 $ Fort Wayne $6,760,833 $18,523 83, $ Asheville $6,392,243 $17, , $ Niagara Falls $6,344,340 $17,382 69, ,061 $ Knoxville $6,138,777 $16, , $ Bismarck $5,852,221 $16,033 61, ,214 $ Moline $5,797,338 $15,883 66, ,180 $ Bangor $5,756,078 $15,770 48, ,339 $ Appleton $5,387,073 $14,759 48, ,355 $ Grand Forks $5,352,461 $14,664 55, ,321 $ Oakland $5,295,282 $14,508 93, $ Columbus Rickenbacker $5,143,562 $14,092 79, $ McAllen $5,137,349 $14,075 57, ,186 $ Eugene $4,476,062 $12,263 69, $ Minot $4,438,692 $12,161 45, ,127 $ Toledo $4,197,943 $11,501 52, $ Myrtle Beach $3,816,651 $10,457 77, $ Stockton $3,721,678 $10,196 79, $ Youngstown $3,652,517 $10,007 62, $ Austin $3,649,602 $9,999 60, ,033 $ Huntington $3,615,059 $9,904 70, $ Greenville/Spart. $3,478,718 $9,531 70, $ Pittsburgh $3,420,783 $9,372 64, $ Provo $3,398,933 $9,312 63, $ Harrisburg $3,238,103 $8,872 50, $ Syracuse $3,112,712 $8,528 36, ,100 $ Northwest Arkansas $3,105,408 $8,508 37, ,063 $ Elmira/Corning $3,037,818 $8,323 34, $ continued on page 4 page 3

6 150 Ranking of Allegiant Revenue Airports - Sioux Falls is Ranked 14th Twelve Months Ended Fourth Quarter 2015 Approximates 100% Sample - Outbound Statistics - Ranked by Revenue Rank Total O&D Total O&D Itinerary Avg Avg Airport Revenue RDEW Passengers PDEW Mileage Fare Yield 51 Grand Island $3,023,776 $8,284 36, $ Wichita $2,992,797 $8,199 43, $ Rapid City $2,783,968 $7,627 35, $ Pasco $2,778,985 $7,614 42, $ Palm Springs $2,749,500 $7,533 28, ,077 $ Great Falls $2,626,992 $7,197 41, $ Billings $2,603,161 $7,132 37, $ Missoula $2,579,954 $7,068 39, $ Tulsa $2,548,389 $6,982 38, ,046 $ Concord $2,355,480 $6,453 50, $ Bloomington-Normal $2,317,213 $6,349 36, $ Medford $2,311,593 $6,333 39, $ Belleville $2,266,133 $6,209 31, $ Idaho Falls $2,164,569 $5,930 39, $ Fresno $2,037,009 $5,581 49, $ Portsmouth $2,013,320 $5,516 22, ,191 $ Memphis $1,857,102 $5,088 34, $ Springfield, IL $1,822,087 $4,992 25, $ Laredo $1,755,731 $4,810 24, ,095 $ Colorado Springs $1,680,084 $4,603 33, $ Roanoke $1,624,110 $4,450 30, $ Bozeman $1,594,714 $4,369 29, $ Shreveport $1,589,455 $4,355 20, ,149 $ Omaha $1,472,595 $4,035 19, ,238 $ St Cloud $1,457,948 $3,994 15, ,258 $ Chattanooga $1,392,342 $3,815 32, $ Jacksonville $1,391,963 $3,814 26, $ Hagerstown $1,386,851 $3,800 23, $ Greensboro $1,382,522 $3,788 33, $ Akron/Canton $1,377,822 $3,775 26, $ Kalispell $1,334,533 $3,656 20, $ Burlington $1,318,998 $3,614 14, ,170 $ Owensboro $1,261,370 $3,456 17, $ Tri-Cities $1,172,936 $3,214 26, $ Boise $1,157,095 $3,170 22, $ Newburgh $1,125,754 $3,084 15, ,055 $ Wilkes-Barre Scranton $1,040,529 $2,851 15, $ Savannah $1,019,401 $2,793 17, $ Little Rock $1,008,346 $2,763 15, $ West Palm Beach $1,002,013 $2,745 18, $ New Orleans $991,931 $2,718 18, $ Clarksburg $908,603 $2,489 16, $ Raleigh/Durham $867,165 $2,376 25, $ Santa Maria $794,924 $2,178 24, $ Casper $766,933 $2,101 13, $ Ogden $765,536 $2,097 15, $ Oklahoma City $738,040 $2,022 11, ,044 $ Grand Junction $715,893 $1,961 17, $ Reno $709,788 $1,945 17, $ San Diego $688,536 $1,886 9, ,142 $ Total of All Airports $713,027,629 $1,953,500 9,386,805 25,717 $ page 4

7 Top 10 Allegiant Passenger Airports at Sioux Falls Twelve Months Ended Fourth Quarter 2015 Total Passengers PDEW Mesa Gateway 62, Las Vegas 55, Sanford/Orlando 30, St. Pete / Clearwater 21, Los Angeles 6, ,000 20,000 30,000 40,000 50,000 60,000 70,000 Top 10 Allegiant Revenue Airports at Sioux Falls Twelve Months Ended Fourth Quarter 2015 Total Revenue RDEW Mesa Gateway $7,007,572 $9,599 Las Vegas $5,630,874 $7,714 Sanford/Orlando $3,138,780 $4,300 St. Pete / Clearwater $1,949,465 $2,671 Los Angeles $680,054 $932 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 page 5

8 Total Allegiant Passengers by Quarter at Sioux Falls 70,000 60,000 57,062 58,583 59,351 50,849 50,000 40,000 39,985 30,439 39,880 31,118 34,109 41,394 33,081 40,231 42,574 35,069 39,856 30,000 25,362 20,000 10,000 0 Total Allegiant Revenue by Quarter at Sioux Falls Revenue in $thousands Ticketed Revenue Ticketed plus Estimated Ancillary Revenue $12,000 $10,108 $10,000 $9,187 $8,680 $9,291 $8,000 $6,000 $4,000 $2,000 $6,840 $6,103 $4,381 $3,900 $2,733 $4,782 $3,322 $5,716 $5,699 $3,749 $4,169 $2,704 $5,018 $3,378 $6,367 $6,135 $4,105 $4,783 $3,202 $6,355 $4,288 $6,797 $6,484 $4,114 $5,054 $3,162 $6,503 $4,333 $0 page 6

9 Allegiant O&D Paxs, Revenue, Fares and Yields at Sioux Falls Approximates 100% Sample - Outbound + Inbound Passengers - Revenue (000's) Total Period Ticket Period Ticket Estimated Year Passengers PDEW Change Revenue Change Fare Ancillary , $4,322 $118 $ , $3,215 $109 $ , $2,549 $105 $ , $3,327 $113 $ , % $4, % $107 $ , % $3, % $81 $ , % $2, % $82 $ , % $3, % $97 $ , % $5, % $111 $ , % $4, % $95 $ , % $3, % $87 $ , % $3, % $101 $ , % $5, % $121 $ , % $4, % $107 $ , % $3, % $88 $ , % $3, % $110 $ , % $6, % $120 $ , % $4, % $110 $ , % $2, % $108 $ , % $3, % $109 $ , % $5, % $112 $ , % $3, % $94 $ , % $2, % $87 $ , % $3, % $99 $ , % $6, % $109 $ , % $4, % $99 $ , % $3, % $97 $ , % $4, % $107 $ , % $6, % $115 $ , % $4, % $97 $ , % $3, % $90 $ , % $4, % $109 $54 119, % $13, % $112 $32 152, % $14, % $92 $36 169, % $16, % $99 $38 163, % $17, % $107 $40 152, % $17, % $113 $44 155, % $15, % $100 $51 173, % $17, % $104 $50 176, % $18, % $104 $55 Total 1,265,147 $131,063 $104 $44 page 7

10 Allegiant Departures, Seats, Onboard and Load Factors at Sioux Falls 100% Sample - Outbound + Inbound Statistics Completed Available Onboard Load Year Flights DWEW Seats SWEW Passengers PWEW Factor ,200 1,546 36,679 1, % ,300 1,281 29,644 1, % , , % ,800 1,210 29,206 1, % ,400 1,727 41,464 1, % ,900 1,765 42,208 1, % ,900 1,404 33,174 1, % ,460 1,539 35,956 1, % ,800 2,053 49,920 1, % ,000 1,846 44,157 1, % ,500 1,655 38,797 1, % ,500 1,541 36,754 1, % ,150 1,873 45,289 1, % ,300 1,858 43,030 1, % ,400 1,689 40,085 1, % ,064 1,486 35,577 1, % ,438 2,389 57,052 2, % ,336 1,705 39,966 1, % ,216 1,035 25, % ,602 1,278 30,436 1, % ,112 2,143 50,962 1, % ,384 1,707 39,816 1, % ,428 1,310 31,116 1, % ,514 1,541 34,125 1, % ,932 2,525 58,653 2, % ,862 1,802 41,373 1, % ,432 1,386 33,074 1, % ,801 1,742 40,188 1, % ,990 2,566 59,382 2, % ,026 1,886 42,595 1, % ,892 1,480 35,060 1, % ,140 1,755 39,855 1, % ,100 1, ,698 1, % 1, ,660 1, ,802 1, % 1, ,800 1, ,628 1, % 1, ,914 1, ,981 1, % 1, ,592 1, ,778 1, % 1, ,438 1, ,019 1, % 1, ,027 1, ,288 1, % 1, ,048 1, ,892 1, % Total 8,889 1,398,579 1,265, % source: US DOT T100 page 8

11 Allegiant Estimated Total Revenue and Profit / Loss at Sioux Falls Outbound + Inbound Statistics Total Total Block Allegiant Profit/ Year Fare Revenue Hours Costs Loss Grade Margin $145 $5,337, $4,018,791 $1,318,988 A 24.7% $139 $4,122, $3,820,575 $302,173 A 7.3% $141 $3,402, $3,080,016 $322,306 C 9.5% $148 $4,350, $2,985,606 $1,365,007 B 31.4% $144 $5,967, $3,510,659 $2,456,873 B 41.2% $117 $4,937, $3,698,274 $1,239,710 B 25.1% $119 $3,938, $3,299,690 $638,975 C 16.2% $133 $4,778, $4,019,221 $759,504 B 15.9% $149 $7,413,506 1,044.0 $5,033,887 $2,379,619 B 32.1% $132 $5,833, $4,595,430 $1,237,672 B 21.2% $124 $4,799, $4,114,163 $685,457 B 14.3% $140 $5,135, $4,367,851 $767,274 B 14.9% $161 $7,266, $5,507,178 $1,759,094 B 24.2% $148 $6,353, $6,020,678 $332,663 D 5.2% $127 $5,103, $5,333,578 -$230,569 F -4.5% $149 $5,309, $4,721,231 $588,487 C 11.1% $161 $9,187,107 1,167.7 $7,184,909 $2,002,198 B 21.8% $153 $6,102, $4,933,964 $1,168,765 C 19.2% $154 $3,900, $3,112,493 $787,571 B 20.2% $157 $4,782, $3,854,384 $927,656 B 19.4% $171 $8,680, $6,328,926 $2,351,320 B 27.1% $143 $5,698, $5,159,075 $539,511 C 9.5% $134 $4,168, $4,132,593 $36,094 D 0.9% $147 $5,018, $4,902,988 $115,101 D 2.3% $159 $9,290,708 1,129.9 $7,656,475 $1,634,233 C 17.6% $148 $6,134, $5,542,810 $591,935 D 9.6% $145 $4,783, $4,715,350 $68,062 D 1.4% $158 $6,354, $6,344,823 $9,967 D 0.2% $170 $10,108,030 1,129.4 $6,476,166 $3,631,864 B 35.9% $152 $6,484, $4,528,240 $1,956,012 B 30.2% $144 $5,053, $3,804,351 $1,249,201 B 24.7% $163 $6,502, $4,397,800 $2,104,952 B 32.4% $144 $17,213,464 2,506.4 $13,904,989 $3,308,475 A 19.2% $128 $19,622,906 3,234.4 $14,527,844 $5,095,063 B 26.0% $137 $23,181,353 3,578.7 $18,111,331 $5,070,022 B 21.9% $147 $24,032,340 3,487.9 $21,582,665 $2,449,675 C 10.2% $157 $23,971,941 3,033.4 $19,085,750 $4,886,190 B 20.4% $151 $23,565,608 3,044.5 $20,523,582 $3,042,026 C 12.9% $153 $26,563,656 3,364.4 $24,259,458 $2,304,197 C 8.7% $159 $28,148,586 3,444.0 $19,206,557 $8,942,029 B 31.8% Total $147 $186,299,853 25,693.7 $151,202,177 $35,097,676 C 18.8%, T100, SEC 10-Q, Sixel Consulting Group, Inc. page 9

12 AZA G4 Ranking of Allegiant Revenue Airports at Mesa Gateway - Sioux Falls is Ranked 2nd Twelve Months Ended Fourth Quarter 2015 Approximates 100% Sample - Outbound + Inbound Statistics - Ranked by Revenue Rank Total O&D Total O&D Itinerary Avg Avg Airport Revenue RDEW Passengers PDEW Mileage Fare Yield 1 Fargo $7,134,320 $19,546 58, ,220 $ Sioux Falls $7,007,572 $19,199 62, ,072 $ Cedar Rapids $6,071,867 $16,635 52, ,240 $ Bellingham $4,832,910 $13,241 55, ,207 $ Minot $4,829,427 $13,231 42, ,163 $ Bismarck $4,674,097 $12,806 42, ,090 $ Grand Rapids $4,635,924 $12,701 36, ,560 $ Rockford $4,542,531 $12,445 39, ,372 $ Grand Forks $4,401,600 $12,059 38, ,260 $ Peoria $4,381,490 $12,004 40, ,311 $ Provo $3,797,022 $10,403 68, $ Appleton $3,557,782 $9,747 29, ,450 $ Moline $3,530,096 $9,671 33, ,287 $ Rapid City $3,359,859 $9,205 39, $ South Bend $3,174,485 $8,697 30, ,500 $ Springfield, MO $3,049,695 $8,355 38, ,066 $ St Cloud $3,003,119 $8,228 31, ,258 $ Grand Island $2,941,198 $8,058 35, $ Eugene $2,867,267 $7,856 36, $ Great Falls $2,854,708 $7,821 37, $ Wichita $2,689,121 $7,367 39, $ Billings $2,674,006 $7,326 34, $ Cincinnati $2,564,150 $7,025 30, ,552 $ Missoula $2,485,423 $6,809 34, $ Oakland $2,193,553 $6,010 39, $ Pasco $2,153,419 $5,900 30, $ Idaho Falls $2,141,799 $5,868 35, $ Fort Wayne $1,820,709 $4,988 18, ,546 $ Bozeman $1,686,015 $4,619 28, $ Ogden $1,532,744 $4,199 31, $ Stockton $1,392,247 $3,814 27, $ Las Vegas $1,336,543 $3,662 38, $ Colorado Springs $1,198,418 $3,283 26, $ Medford $413,298 $1,132 7, $ Montrose $173,346 $475 3, $ Des Moines $143,446 $393 1, ,138 $ Memphis $107,738 $295 1, ,245 $ Fresno $41,025 $112 1, $ Total of All Airports $111,393,972 $305,189 1,280,938 1,755 1,023 $ page 10

13 Allegiant Ticketed Statistics Between Sioux Falls and Mesa Gateway Approximates 100% Sample - Outbound + Inbound Passengers - Revenue (000's) Total Period Ticket Period Average Ticket Year Passengers PWEW Change Revenue Change Fare Yield , $1,123 $ , $859 $ , $834 $ , $1,206 $ , % $1, % $ , % $1, % $ , % $ % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $ % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $ % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $4, % $ , % $4, % $ , % $5, % $ , % $6, % $ , % $6, % $ , % $5, % $ , % $6, % $ , % $7, % $ Total 425,076 $46,183 $ page 11

14 Allegiant Onboard Statistics Between Sioux Falls and Mesa Gateway 100% Sample - Outbound + Inbound Statistics Completed Available Onboard Load Year Flights DWEW Seats SWEW Passengers PWEW Factor , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % Total 2, , , % page 12

15 Allegiant Estimated Profit / Loss Between Sioux Falls and Mesa Gateway Outbound + Inbound Statistics Total Total Block Allegiant Profit/ Year Fare Revenue Hours Costs Loss Grade Margin $161 $1,347, $853,890 $493,859 A 36.6% $153 $1,080, $851,804 $228,442 A 21.1% $150 $1,090, $872,661 $217,929 A 20.0% $151 $1,546, $980,275 $566,038 A 36.6% $148 $2,059, $1,090,133 $968,935 B 47.1% $120 $1,590, $1,079,668 $511,045 B 32.1% $129 $1,228, $838,618 $389,652 A 31.7% $142 $1,599, $1,138,213 $461,330 A 28.8% $154 $2,557, $1,537,168 $1,020,787 A 39.9% $133 $1,825, $1,320,033 $505,766 A 27.7% $119 $1,656, $1,375,084 $281,490 B 17.0% $152 $1,453, $1,013,868 $440,027 A 30.3% $173 $2,696, $1,733,223 $963,405 A 35.7% $144 $2,036, $1,817,150 $219,789 C 10.8% $116 $1,598, $1,720,795 -$121,879 F -7.6% $151 $1,985, $1,603,473 $381,978 A 19.2% $161 $3,599, $2,459,987 $1,139,556 A 31.7% $145 $2,096, $1,540,336 $556,522 B 26.5% $147 $1,153, $848,744 $305,229 A 26.5% $165 $1,857, $1,300,796 $556,901 A 30.0% $172 $3,658, $2,459,932 $1,198,770 A 32.8% $143 $1,907, $1,591,504 $315,649 C 16.6% $129 $1,476, $1,389,201 $87,515 D 5.9% $164 $1,774, $1,368,517 $405,661 A 22.9% $166 $3,617, $2,669,162 $948,445 B 26.2% $152 $1,973, $1,559,107 $414,045 B 21.0% $142 $1,522, $1,378,982 $143,326 C 9.4% $171 $2,178, $1,851,537 $326,741 A 15.0% $181 $4,172, $2,325,204 $1,847,631 B 44.3% $155 $2,078, $1,327,335 $750,674 B 36.1% $138 $1,730, $1,296,757 $433,422 B 25.1% $177 $2,389, $1,368,950 $1,020,816 B 42.7% $153 $5,064, $3,558,630 $1,506,268 A 29.7% $135 $6,477, $4,146,632 $2,330,962 A 36.0% $139 $7,494,222 1,041 $5,246,152 $2,248,070 A 30.0% $147 $8,317,936 1,111 $6,874,642 $1,443,294 B 17.4% $156 $8,708, $6,149,863 $2,558,208 A 29.4% $155 $8,816,750 1,012 $6,809,154 $2,007,595 B 22.8% $160 $9,291,344 1,038 $7,458,788 $1,832,557 B 19.7% $166 $10,370,789 1,130 $6,318,246 $4,052,543 B 39.1% Total $152 $64,541,603 7,237 $46,562,106 $17,979,497 B 27.9% page 13

16 LAS G4 Ranking of Allegiant Revenue Airports at Las Vegas - Sioux Falls is Ranked 6th Twelve Months Ended Fourth Quarter 2015 Approximates 100% Sample - Outbound + Inbound Statistics - Ranked by Revenue Rank Total O&D Total O&D Itinerary Avg Avg Airport Revenue RDEW Passengers PDEW Mileage Fare Yield 1 Bellingham $14,746,984 $40, , $ Honolulu $10,317,205 $28,266 66, ,761 $ McAllen $8,532,974 $23,378 88, ,210 $ Stockton $6,427,451 $17, , $ Des Moines $5,904,918 $16,178 67, ,216 $ Sioux Falls $5,630,874 $15,427 55, ,103 $ Austin $5,258,457 $14,407 77, ,090 $ Peoria $4,895,310 $13,412 49, ,413 $ Minot $4,765,189 $13,055 49, ,097 $ Bismarck $4,605,944 $12,619 46, ,047 $ Fargo $4,549,798 $12,465 44, ,205 $ Fresno $4,359,656 $11,944 97, $ Cedar Rapids $4,202,173 $11,513 39, ,319 $ Grand Forks $4,086,568 $11,196 46, ,230 $ Appleton $4,018,607 $11,010 31, ,510 $ Cincinnati $3,829,705 $10,492 44, ,677 $ Rockford $3,778,406 $10,352 36, ,455 $ Indianapolis $3,503,672 $9,599 45, ,590 $ Grand Rapids $3,485,348 $9,549 31, ,642 $ Pasco $3,194,214 $8,751 47, $ Laredo $3,171,414 $8,689 41, ,091 $ Grand Island $3,113,917 $8,531 35, $ Springfield, MO $3,085,818 $8,454 32, ,208 $ South Bend $3,051,163 $8,359 31, ,594 $ Wichita $2,909,314 $7,971 41, $ Great Falls $2,819,980 $7,726 46, $ Moline $2,757,599 $7,555 31, ,376 $ Northwest Arkansas $2,749,781 $7,534 31, ,162 $ Shreveport $2,721,275 $7,456 33, ,243 $ Rapid City $2,375,404 $6,508 31, $ Eugene $2,337,728 $6,405 35, $ Billings $2,171,324 $5,949 34, $ Colorado Springs $2,166,080 $5,934 39, $ Medford $1,836,514 $5,032 32, $ Tulsa $1,792,145 $4,910 27, ,076 $ Santa Maria $1,760,832 $4,824 47, $ Kalispell $1,680,509 $4,604 28, $ Missoula $1,600,889 $4,386 31, $ Casper $1,586,031 $4,345 27, $ Bozeman $1,480,991 $4,058 29, $ Boise $1,419,327 $3,889 26, $ Reno $1,408,181 $3,858 33, $ Memphis $1,378,441 $3,777 18, ,416 $ Mesa Gateway $1,336,543 $3,662 38, $ Monterey $1,261,169 $3,455 29, $ Idaho Falls $1,257,959 $3,446 30, $ Brownsville $1,166,308 $3,195 15, ,260 $ Duluth $1,166,049 $3,195 11, ,395 $ Grand Junction $1,085,298 $2,973 28, $ Oklahoma City $388,668 $1,065 4, $ Total of All Airports $169,697,541 $464,925 2,254,185 3, $ page 14

17 Allegiant Ticketed Statistics Between Sioux Falls and Las Vegas Approximates 100% Sample - Outbound + Inbound Passengers - Revenue (000's) Total Period Ticket Period Average Ticket Year Passengers PWEW Change Revenue Change Fare Yield , $2,073 $ , $1,587 $ , $1,279 $ , $1,506 $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $ % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $ % $ , % $1, % $ , % $2, % $ , % $1, % $ , % $ % $ , % $1, % $ , % $1, % $ , % $1, % $ , % $ % $ , % $1, % $ , % $6, % $ , % $5, % $ , % $6, % $ , % $6, % $ , % $6, % $ , % $5, % $ , % $5, % $ , % $5, % $ Total 474,326 $47,919 $ page 15

18 Allegiant Onboard Statistics Between Sioux Falls and Las Vegas 100% Sample - Outbound + Inbound Statistics Completed Available Onboard Load Year Flights DWEW Seats SWEW Passengers PWEW Factor , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % Total 3, , , % page 16

19 Allegiant Estimated Profit / Loss Between Sioux Falls and Las Vegas Outbound + Inbound Statistics Total Total Block Allegiant Profit/ Year Fare Revenue Hours Costs Loss Grade Margin $137 $2,590, $2,010,940 $579,266 A 22.4% $131 $2,058, $1,946,725 $112,000 B 5.4% $134 $1,730, $1,621,298 $109,182 C 6.3% $141 $2,008, $1,411,852 $596,896 B 29.7% $140 $2,392, $1,396,771 $996,065 B 41.6% $117 $1,936, $1,370,201 $566,474 B 29.2% $113 $1,481, $1,223,980 $257,582 B 17.4% $134 $1,854, $1,422,007 $432,687 A 23.3% $155 $2,545, $1,548,258 $997,252 A 39.2% $136 $2,196, $1,594,811 $601,612 A 27.4% $124 $1,716, $1,416,417 $300,455 B 17.5% $136 $2,066, $1,714,258 $352,475 B 17.1% $166 $2,276, $1,558,646 $717,748 A 31.5% $150 $2,331, $2,094,037 $237,271 C 10.2% $125 $1,958, $2,063,813 -$105,157 F -5.4% $145 $2,195, $1,965,915 $229,411 C 10.4% $162 $2,948, $2,287,702 $660,473 B 22.4% $151 $1,970, $1,654,027 $316,889 C 16.1% $148 $1,435, $1,173,340 $261,912 B 18.2% $147 $2,249, $1,934,859 $314,357 B 14.0% $166 $3,309, $2,410,549 $898,532 B 27.2% $136 $2,264, $2,110,829 $153,575 D 6.8% $124 $1,536, $1,665,081 -$128,542 F -8.4% $136 $2,023, $2,033,740 -$9,935 F -0.5% $154 $2,936, $2,351,356 $584,923 C 19.9% $154 $1,699, $1,396,103 $303,514 C 17.9% $145 $1,307, $1,221,578 $85,909 C 6.6% $147 $2,333, $2,344,323 -$10,658 F -0.5% $158 $3,010, $1,984,021 $1,026,685 B 34.1% $155 $1,940, $1,239,595 $700,811 B 36.1% $149 $1,424, $976,977 $447,865 B 31.4% $156 $2,254, $1,504,250 $750,607 B 33.3% $136 $8,388,158 1,256 $6,990,815 $1,397,343 B 16.7% $127 $7,665,767 1,209 $5,412,958 $2,252,808 B 29.4% $139 $8,525,540 1,235 $6,273,745 $2,251,795 A 26.4% $146 $8,761,683 1,235 $7,682,411 $1,079,272 C 12.3% $153 $8,603,559 1,114 $7,049,928 $1,553,631 B 18.1% $143 $9,133,829 1,219 $8,220,199 $913,630 C 10.0% $151 $8,277,048 1,008 $7,313,360 $963,688 C 11.6% $156 $8,630,811 1,023 $5,704,844 $2,925,968 B 33.9% Total $143 $67,986,395 8,042 $54,648,259 $13,338,136 B 19.6% page 17

20 ORL G4 Ranking of Allegiant Revenue Airports at Sanford/Orlando - Sioux Falls is Ranked 21st Twelve Months Ended Fourth Quarter 2015 Approximates 100% Sample - Outbound + Inbound Statistics - Ranked by Revenue Rank Total O&D Total O&D Itinerary Avg Avg Airport Revenue RDEW Passengers PDEW Mileage Fare Yield 1 Allentown $7,767,917 $21, , $ Bangor $6,711,288 $18,387 54, ,298 $ Plattsburgh $5,597,166 $15,335 53, ,175 $ Cincinnati $5,153,807 $14, , $ Lexington $5,131,872 $14,060 78, $ Grand Rapids $4,868,378 $13,338 52, ,001 $ Knoxville $4,322,633 $11,843 80, $ Des Moines $4,220,424 $11,563 43, ,123 $ Harrisburg $4,203,851 $11,517 67, $ Niagara Falls $4,021,726 $11,018 49, $ South Bend $3,803,914 $10,422 46, $ Elmira/Corning $3,728,242 $10,214 41, $ Rockford $3,615,783 $9,906 40, ,025 $ Springfield, MO $3,503,553 $9,599 42, $ Fort Wayne $3,483,880 $9,545 42, $ Huntington $3,344,879 $9,164 54, $ Cedar Rapids $3,322,599 $9,103 36, ,077 $ Bismarck $3,238,963 $8,874 31, ,627 $ Toledo $3,179,083 $8,710 41, $ Appleton $3,173,560 $8,695 31, ,141 $ Sioux Falls $3,138,780 $8,599 30, ,333 $ Bloomington-Normal $2,930,757 $8,029 41, $ Fargo $2,922,845 $8,008 28, ,507 $ Grand Forks $2,865,859 $7,852 25, ,573 $ Indianapolis $2,845,426 $7,796 51, $ Northwest Arkansas $2,834,556 $7,766 35, $ Burlington $2,708,779 $7,421 29, ,170 $ Columbus Rickenbacker $2,648,356 $7,256 38, $ Moline $2,592,216 $7,102 29, ,017 $ Asheville $2,502,485 $6,856 49, $ Owensboro $2,498,663 $6,846 34, $ Belleville $2,494,105 $6,833 33, $ Portsmouth $2,453,806 $6,723 28, ,143 $ Youngstown $2,332,698 $6,391 37, $ Concord $2,323,828 $6,367 56, $ Tulsa $2,321,827 $6,361 33, $ McAllen $2,078,469 $5,694 21, ,057 $ Hagerstown $2,017,905 $5,529 32, $ Wilkes-Barre Scranton $2,007,386 $5,500 27, $ Greenville/Spart. $1,712,429 $4,692 37, $ Roanoke $1,675,796 $4,591 31, $ Chattanooga $1,637,896 $4,487 35, $ Tri-Cities $1,611,349 $4,415 33, $ Clarksburg $1,595,391 $4,371 25, $ Peoria $1,479,399 $4,053 22, $ Little Rock $1,460,893 $4,002 23, $ Greensboro $1,438,736 $3,942 32, $ Austin $1,319,993 $3,616 27, $ Springfield, IL $1,252,855 $3,432 21, $ Oklahoma City $1,074,762 $2,945 17, ,060 $ Total of All Airports $156,204,895 $427,959 2,173,222 2, $ page 18

21 Allegiant Ticketed Statistics Between Sioux Falls and Sanford/Orlando Approximates 100% Sample - Outbound + Inbound Passengers - Revenue (000's) Total Period Ticket Period Average Ticket Year Passengers PWEW Change Revenue Change Fare Yield , $1,126 $ , $768 $ , $436 $ , $615 $ , % $1, % $ , % $ % $ , % $ % $ , % $ % $ , % $1, % $ , % $ % $ , % $ % $ , % $ % $ , % $1, % $ , % $ % $ , % $ % $ , % $ % $ , % $1, % $ , % $ % $ , % $ % $ , % $ % $ , % $1, % $ , % $ % $ , % $ % $ , % $ % $ , % $1, % $ , % $ % $ , % $ % $ , % $ % $ , % $1, % $ , % $ % $ , % $ % $ , % $ % $ , % $2, % $ , % $2, % $ , % $2, % $ , % $2, % $ , % $3, % $ , % $2, % $ , % $3, % $ , % $3, % $ Total 211,415 $23,104 $ page 19

22 Allegiant Onboard Statistics Between Sioux Falls and Sanford/Orlando 100% Sample - Outbound + Inbound Statistics Completed Available Onboard Load Year Flights DWEW Seats SWEW Passengers PWEW Factor , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % , , % Total 1, , , % page 20

23 Allegiant Estimated Profit / Loss Between Sioux Falls and Sanford/Orlando Outbound + Inbound Statistics Total Total Block Allegiant Profit/ Year Fare Revenue Hours Costs Loss Grade Margin $150 $1,399, $1,153,961 $245,864 B 17.6% $145 $983, $1,022,046 -$38,269 F -3.9% $148 $581, $586,058 -$4,804 F -0.8% $167 $795, $593,480 $202,074 B 25.4% $145 $1,515, $1,023,756 $491,872 B 32.5% $118 $1,101, $948,568 $152,887 C 13.9% $132 $482, $423,289 $59,314 C 12.3% $138 $659, $610,662 $48,679 C 7.4% $157 $1,508, $1,112,373 $396,065 B 26.3% $135 $936, $833,311 $102,809 C 11.0% $128 $493, $483,396 $9,797 D 2.0% $152 $705, $666,960 $38,281 D 5.4% $158 $1,438, $1,283,087 $155,761 C 10.8% $153 $1,104, $1,188,037 -$83,272 F -7.5% $153 $551, $529,427 $21,759 D 3.9% $163 $639, $625,576 $14,135 D 2.2% $183 $1,687, $1,355,515 $332,332 B 19.7% $169 $1,184, $1,012,832 $172,077 C 14.5% $169 $616, $533,866 $82,334 C 13.4% $172 $675, $618,728 $56,399 C 8.4% $174 $1,712, $1,458,445 $254,018 C 14.8% $157 $1,185, $1,108,333 $77,053 D 6.5% $159 $573, $530,753 $42,960 C 7.5% $162 $669, $728,907 -$59,502 F -8.9% $159 $1,602, $1,487,385 $115,584 D 7.2% $149 $1,104, $1,115,792 -$11,736 F -1.1% $159 $574, $579,157 -$4,708 F -0.8% $157 $1,388, $1,624,281 -$235,994 F -17.0% $175 $1,694, $1,197,294 $497,329 C 29.3% $153 $1,160, $849,580 $311,315 C 26.8% $149 $672, $506,981 $165,913 B 24.7% $156 $1,363, $1,098,350 $265,011 C 19.4% $151 $3,760, $3,355,544 $404,864 C 10.8% $133 $3,759, $3,006,275 $752,752 C 20.0% $146 $3,642, $3,096,042 $546,951 C 15.0% $157 $3,734, $3,626,127 $108,383 D 2.9% $175 $4,164, $3,520,942 $643,142 C 15.4% $164 $4,140, $3,826,438 $314,529 D 7.6% $156 $4,669, $4,806,615 -$136,854 F -2.9% $160 $4,891, $3,652,205 $1,239,568 C 25.3% Total $155 $32,763,524 4,346 $28,890,189 $3,873,336 C 11.8% page 21

24 PIE G4 Ranking of Allegiant Revenue Airports at St. Pete / Clearwater - Sioux Falls is Ranked 29th Twelve Months Ended Fourth Quarter 2015 Approximates 100% Sample - Outbound + Inbound Statistics - Ranked by Revenue Rank Total O&D Total O&D Itinerary Avg Avg Airport Revenue RDEW Passengers PDEW Mileage Fare Yield 1 Grand Rapids $5,981,646 $16,388 67, ,043 $ Bangor $5,007,645 $13,720 41, ,393 $ Cincinnati $4,481,975 $12,279 65, $ South Bend $3,952,157 $10,828 45, $ Fort Wayne $3,893,576 $10,667 50, $ Allentown $3,833,431 $10,503 46, $ Plattsburgh $3,727,099 $10,211 35, ,260 $ Syracuse $3,688,622 $10,106 39, ,111 $ Niagara Falls $3,652,664 $10,007 40, ,067 $ Des Moines $3,595,546 $9,851 41, ,125 $ Peoria $3,255,978 $8,920 43, $ Springfield, MO $3,220,150 $8,822 41, $ Indianapolis $3,217,320 $8,815 53, $ Cedar Rapids $3,124,981 $8,562 36, ,090 $ Knoxville $3,075,416 $8,426 56, $ Asheville $3,072,233 $8,417 58, $ Rockford $3,035,842 $8,317 34, ,048 $ Lexington $2,906,717 $7,964 47, $ Toledo $2,670,769 $7,317 33, $ Harrisburg $2,635,073 $7,219 33, $ Huntington $2,577,550 $7,062 49, $ Pittsburgh $2,413,216 $6,612 48, $ Elmira/Corning $2,387,354 $6,541 26, ,035 $ Newburgh $2,314,733 $6,342 30, ,055 $ Youngstown $2,254,862 $6,178 37, $ Columbus Rickenbacker $2,227,300 $6,102 32, $ Moline $2,189,708 $5,999 27, ,032 $ Omaha $1,950,877 $5,345 25, ,188 $ Sioux Falls $1,949,465 $5,341 21, ,333 $ Bloomington-Normal $1,862,617 $5,103 29, $ Greenville/Spart. $1,845,006 $5,055 43, $ Belleville $1,798,383 $4,927 25, $ Roanoke $1,581,663 $4,333 29, $ Concord $1,508,345 $4,132 32, $ Greensboro $1,402,973 $3,844 34, $ Richmond $1,291,768 $3,539 23, $ Akron/Canton $1,288,446 $3,530 24, $ Chattanooga $1,173,980 $3,216 29, $ Fargo $1,040,029 $2,849 8, ,518 $ Tri-Cities $825,869 $2,263 19, $ Hagerstown $749,632 $2,054 14, $ Tulsa $638,170 $1,748 8, $ Raleigh/Durham $495,257 $1,357 15, $ Appleton $348,362 $954 4, ,172 $ Wilkes-Barre Scranton $257,782 $706 4, ,005 $ Kansas City $235,799 $646 3, ,045 $ Memphis $226,948 $622 5, $ Total of All Airports $110,864,932 $303,740 1,570,163 2, $ page 22