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Allegiant Travel Company Announces Filing of Universal Shelf Registration Statement
Friday, August 29, 2008 7:22 PM


LAS VEGAS, Aug. 29 /PRNewswire-FirstCall/ -- Allegiant Travel Company (Nasdaq: ALGT) today announced that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission in connection with the offer and sale, from time to time on a delayed basis, of up to $125,000,000 aggregate amount of its debt securities (including convertible debt securities), common stock, preferred stock, depositary shares, warrants for any of the preceding, stock purchase contracts, stock purchase units, units consisting of combinations of the preceding, or combinations of the preceding securities. These securities, which may be offered in one or more offerings and in any combination, will in each case be offered pursuant to a separate prospectus supplement issued at the time of the particular offering that will describe the specific types, amounts, prices and terms of the offered securities. Unless otherwise described in the applicable prospectus supplement relating to the offered securities, the company anticipates using the net proceeds of each offering to purchase additional aircraft consistent with our growth strategy and acquisition criteria, for other capital expenditures, for acquisitions, stock repurchases under existing board authorized program or under share repurchase programs that may be approved in the future and to fund working capital and general corporate purposes. Although we have no present commitments for the purchase of aircraft, we continue to seek to purchase suitable aircraft at reasonable prices to expand our business. Nor have we identified any target acquisition at the current time. Pending the use of the net proceeds from these offerings, we intend to invest these funds in investment-grade, short-term interest bearing securities.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.



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