United States Securities and Exchange Commission Form
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 19, 2008 Allegiant Travel Company (Exact name of registrant as specified in its charter) Nevada 001-33166 20-4745737 (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification No.) incorporation) 8360 S. Durango Drive Las Vegas, NV 89113 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (702) 851-7300 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 7 Regulation FD Item 7.01 Regulation FD. The Company is furnishing under Item 7.01 of this Current Report on Form 8-K the information included as Exhibit 99.1 to this report. The Exhibit contains certain information about the Company, its financial and operating results, competitive position, fleet strategy and business strategy. This information is being presented at meetings with investors or is otherwise being made available to interested parties. Statements in the presentation included as Exhibit 99.1 regarding the airline industry and market conditions for aircraft are based on management’s views of current market conditions. The information in Sections 7 and 9 of this Current Report on Form 8-K, including the information set forth in the Exhibit, is furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. As such, this information shall not be incorporated by reference into any of the Company’s reports or other filings made with the Securities and Exchange Commission. Forward-Looking Statements: Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements included in the presentation that are not historical facts are forward-looking statements. These forward-looking statements are only estimates or predictions based on management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include statements regarding business strategies, competitive position, industry environment and potential growth opportunities. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in the forward-looking statements. Important risk factors that could cause the Company’s results to differ materially from those expressed in the forward-looking statements generally may be found in the Company’s periodic reports filed with the Securities and Exchange Commission at www.sec.gov. These risk factors include, without limitation, the effect of the economic downturn on leisure travel, increases in fuel prices, terrorist attacks, risks inherent to airlines, demand for air services to Las Vegas, Orlando, Tampa/St. Petersburg, Phoenix and Ft. Lauderdale from the markets served by the Company, the Company’s ability to implement its growth strategy, the Company’s fixed obligations, the Company’s dependence on its leisure destination markets, the ability to add, renew or replace gate leases, the competitive environment, problems with the Company’s aircraft, dependence on fixed fee customers, the Company’s reliance on its automated systems, economic and other conditions in markets in which the Company operates, governmental regulation, increases in maintenance costs and insurance premiums and cyclical and seasonal fluctuations in operating results. Any forward-looking statements are based on information available to the Company today and the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise. Section 9 Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits. (a) None (b) None (c) None. (d) Exhibits Exhibit No. Description of Document 99.1 Investor Presentations. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Allegiant Travel Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 19, 2008 ALLEGIANT TRAVEL COMPANY By: /s/ Andrew C. Levy Name: Andrew C. Levy Title: Chief Financial Officer 2 EXHIBIT INDEX Exhibit No. Description of Document 99.1 Investor Presentations. 3 Exhibit 99.1 Man ag em en t P resn taio n N o v em b er 2 0 0 8 1 N o tice o n F o rw ard L o o k in g S taem en ts T h is p resn taio n asw el aso ral stem en ts m ad e b y o ficers o r d irecto rs o f A leg ian t T rav el C o m p an y , its ad v iso rs an d afiltes(co lectiv ely o r sep artely , th e “C o m p an y ”) w il co n tain fo rw ard - lo o k in g staem en ts h at reo n ly p red icto n s an d in v o lv e risk s an d u n certain ties. F o rw ard -lo o k in g staem en ts m ay in clu d e, am o n g o th ers, fn ces to fu tu re p erfo rm an ce an d an y co m m en ts ab o u t o u r staeg ic p lan s. T h er am an y risk facto rs th at co u ld p rev en t u s fro m ach iev in g o u r g o als n d cau se th e u n d erly in g asu m p tio n s o f th es fo rw ard lo o k in g staem en ts, an d o u r actu al resu lts, o d ifer m aterily fro m th o se x p resd in , o r im p lied b y , o u r fo rw ard - lo o k in g staem en ts. T h es rik facto rs an d o th ers am o re fu ly d iscu sed in o u r filn g s w ith th e S ecu rites an d E x ch an g e C o m m iso n . A n y fo rw ard - lo o k in g staem en ts areb ased o n in fo rm atio n av ailb le to u s to d ay an d w e u n d ertak e n o o b lig atio n to u p d ate p u b licy an y fo rw ard - lo o k in g staem en ts, w h eth er asu lt o f u tu re ev en ts, n ew in fo rm atio n o r o th erw ise. T h e C o m p an y cau tio n s u ser o f th is p resn taio n n o t o p lace u n d u e rlian ce o n fo rw ard lo o k in g staem en ts, w h ich m ay b e b ased o n asu m p tio n s an d an ticp ated ev en ts h at d o n o t m aterilz. 2 A leg ian t T rav el C o m p an y $ m m H ig h lig h ts – B est o p eratin g m arg in s – E x celn t b aln ce sh et – L o w est co st – P ro fitab le ast2 3 q u artes (1 ) U n iq u e, ex p an d ab le & d efn sib le – L eisu re, sm al cites, MD -8 0 s – A n cilary rev en u e P ro fitab le in 1 Q 0 8 , 2 Q 0 8 , 3 Q 0 8 , u n iq u e in th e U S , aco m p lish ed w ith o u t h ed g es 6 .9 % Y E 3 Q 0 8 o p eratin g m arg in , h ig h est o f an y U S n o n -reg io n al R ev en u e O p eratin g P ro fit O p eratin g Marg in (1 ) E x clu d in g n o n -cash m ark -to -m ark et h ed g e ad ju stm en ts an d 4 Q 0 6 o n e-tim e tax ad ju stm en t 3 N atio n w id e E x p ectd atD ec 3 1 , 2 0 0 8 : 6 5 cites,1 1 6 ro u tes, 3 8 A ircaft 4 A n d G ro w in g 2 1 N ew R o u tes A n n o u n ced S in ce A u g u st 1 5 Min im al D irect C o m p etio n In 2 0 0 7 , h ead -to -h ead co m p etio n o n n in e ro u tes T o d ay : tw o H ead - to -h ead co m p etio n o n o n ly tw o ro u tes •T o d ate, o n ly o n e airln e h as en terd o n e o f o u r o u tes •T h at em p t lased a y ear n d h as n o t b en rep eatd •O th er ailn es ap p ear to seu s an an n o y an ce, n o t ah reat 6 C o m p etio n D im in ish in g E lim in atio n o f h ead -to -h ead co m p etio n – O rlan d o to T ri-C ites, G ren v ile, G ren sb o ro , K n o x v ile – L as V eg as to Med fo rd , E u g en e, C o lo rad o S p rin g s R ed u ctio n in h ead -to -h ead cap acity (L as V eg as to F resn o ) C o m p etio r sh rin k ag e o p en in g m o re o p p o rtu n ity (P h o en ix to E u g en e, Med fo rd ) Weak er p lay ers u n d er p resu re, b en efitn g A leg ian t – C easd S erv ice -A T A , A lo h a, S k y b u s, C h am p io n – C h 1 1 – F ro n tier, S u n C o u n try – R estru ctu rin g -Mid w est ,S p irt R eg io n al Jets(R Js) p articu lary h u rt b y h ig h fu el p rices – cau sin g red u ctio n s in to sm al citesS tro n g g et sro n g er, w eak g et w eak er 7 C o m p etio n D im in ish in g O rlan d o , L as V eg as, T am p a B ay & P h o en ix h it p articu lary h ard L as V eg as – S ig n ifcan t ro o m ad d ito n s th ru 2 0 1 0 – R o o m ratesld y d ro p p in g & b eliv e w il d ro p fu rth er – L o w er o o m rateso fset n ecsary h ig h er aifsIm p ro v ed term s in ren tal crsn d o th er 3 rd p arty saleIn d u stry cap acity cu ts fal h ard est o n leisu re d estin atio n s S o u rce: A P G D A T .co m , 1 1 /1 4 /0 8 T am p a B ay = T am p a ,S arso ta & S t.