 LAS VEGAS, July 28, 2021 PRNewswire -- Allegiant Travel Company NASDAQ: ALGT today reported the following financial results for the second quarter 2021, as well as comparisons to the prior years: Consolidated Three Months Ended June 30, Percent Change unaudited in millions, except per share amounts 2021 2020 2019 YoY Yo2Y Total operating revenue 472.4 133.3 491.8 254.3 3.9 Total operating expense 333.6 246.6 383.7 35.3 13.1 Operating income loss 138.9 113.3 108.1 222.6 28.4 Income loss before income taxes 122.6 146.4 91.8 183.7 33.5 Net income loss 95.0 93.1 70.5 202.1 34.7 Diluted earnings loss per share 5.49 5.85 4.33 193.8 26.8 Six Months Ended June 30, Percent Change unaudited in millions, except per share amounts 2021 2020 2019 YoY Yo2Y Total operating revenue 751.6 542.5 943.4 38.5 20.3 Total operating expense 588.1 766.8 744.2 23.3 21.0 Operating income loss 163.5 224.3 199.2 172.9 17.9 Income loss before income taxes 131.2 277.1 165.7 147.4 20.8 Net income loss 101.9 126.1 127.7 180.8 20.2 Diluted earnings loss per share 6.04 7.93 7.84 176.2 23.0 Consolidated - adjusted Three Months Ended June 30, Percent Change unaudited in millions, except per share amounts 2021 2020 2019 YoY Yo2Y Adjusted operating expense 1 2 378.6 239.9 383.7 57.8 1.3 Adjusted operating income loss 1 2 93.9 106.6 108.1 188.1 13.1 Adjusted income loss before income taxes 1 2 77.6 119.9 91.8 164.7 15.5 Adjusted net income loss 1 2 60.0 94.7 70.5 163.4 14.9 Adjusted diluted earnings loss per share 1 2 3.46 5.96 4.33 158.1 20.1 Six Months Ended June 30, Percent Change unaudited in millions, except per share amounts 2021 2020 2019 YoY Yo2Y Adjusted operating expense 1 2 716.7 594.0 744.2 20.7 3.7 Adjusted operating income loss 1 2 34.9 51.5 199.2 167.8 82.5 Adjusted income loss before income taxes 1 2 2.6 77.7 165.7 103.3 98.4 Adjusted net income loss 1 2 2.0 61.4 127.7 103.3 98.4 Adjusted diluted earnings loss per share 1 2 0.12 3.87 7.84 103.1 98.5 1 Adjusted numbers exclude COVID related special charges, the net benefit from the payroll support programs PSPs, and profit sharing bonus accruals since the operating margin threshold to accrue these bonuses would not have been met for the six months ended June 30, 2021 without the benefits of the PSPs 2 Denotes a non-GAAP financial measure. Refer to the Non-GAAP Presentation section within this document for further information The second quarter marked the return of leisure demand to pre-pandemic levels, stated Maurice J. 