Allegiant Q3 unit revenues to grow up to 2%

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Las Vegas-based Allegiant Air forecasts that its third quarter passenger unit revenue will stay flat or grow up to 2%.

Third quarter total revenue per available seat mile is expected to vary in the same range, says the airline in an updated management presentation.

Allegiant expects third quarter cost per available mile (CASM) excluding fuel to grow in the range of 8.5 to 10.5%, it adds.

The airline forecasts that full-year 2014 CASM excluding fuel will rise in the 6.5-8.5% range.