Attached files
| file | filename |
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| 8-K - 8-K - Spirit Airlines, Inc. | form8-ktrafficdecember2013.htm |
EXHIBIT 99.1
Spirit Airlines Reports December 2013 Traffic
MIRAMAR, Fla. (January 8, 2014) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for December and full-year 2013.
Traffic (revenue passenger miles) in December 2013 increased 24.8 percent versus December 2012 on a capacity (available seat miles) increase of 20.3 percent. Load factor for December 2013 was 87.9 percent, an increase of 3.2 points as compared to December 2012. Spirit's preliminary completion factor for December 2013 was 98.9 percent.
The following table summarizes Spirit's traffic results for the month and year ended December 31, 2013 and 2012.
December 2013 | December 2012 | Change | ||||
Revenue passenger miles (RPMs) (000) | 1,118,119 | 895,710 | 24.8 | % | ||
Available seat miles (ASMs) (000) | 1,272,607 | 1,057,478 | 20.3 | % | ||
Load factor | 87.9 | % | 84.7 | % | 3.2 pts | |
Passenger flight segments | 1,111,208 | 923,862 | 20.3 | % | ||
Average stage length (miles) | 1,008 | 951 | 6.0 | % | ||
Total departures | 7,883 | 6,963 | 13.2 | % | ||
YTD 2013 | YTD 2012 | Change | ||||
Revenue passenger miles (RPMs) (000) | 12,001,088 | 9,663,721 | 24.2 | % | ||
Available seat miles (ASMs) (000) | 13,861,393 | 11,344,731 | 22.2 | % | ||
Load factor | 86.6 | % | 85.2 | % | 1.4 pts | |
Passenger flight segments | 12,413,812 | 10,422,548 | 19.1 | % | ||
Average stage length (miles) | 958 | 909 | 5.4 | % | ||
Total departures | 90,284 | 78,582 | 14.9 | % | ||
Guidance
The Company will provide updated guidance for the fourth quarter 2013 in its Investor Update to be filed later this month.
About Spirit Airlines
Spirit Airlines (NASDAQ: SAVE) empowers customers to save money on air travel by offering ultra-low base fares with a range of optional services, allowing customers the freedom to choose only the extras they value. This innovative approach grows the traveling market and stimulates new economic activity while creating new jobs. Spirit's modern fleet, configuration and other innovations enable Spirit to burn less fuel per seat than competitors, making Spirit one of the most environmentally-friendly U.S. carriers. Spirit's all-Airbus fleet currently operates approximately 250 daily flights to over 50 destinations in the U.S., Latin America and Caribbean. Visit Spirit at www.spirit.com.
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Investor Inquiries: InvestorRelations@spirit.com/954-447-7920
Media Inquiries: MediaRelations@spirit.com/954-628-4827