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8-K - 8-K - Spirit Airlines, Inc.form8k2017trafficfebruary.htm



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Exhibit 99.1
Spirit Airlines Reports February 2017 Traffic

MIRAMAR, Fla., (March 8, 2017) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for February 2017.

Traffic (revenue passenger miles) in February 2017 increased 10.6 percent versus February 2016 on a capacity (available seat miles) increase of 14.9 percent. Load factor for February 2017 was 80.7 percent, a decrease of 3.1 percentage points compared to February 2016.
 Preliminary Traffic Results
 
February 2017

February 2016

Change

Revenue passenger miles (RPMs) (000)
1,733,004
1,566,798
10.6
 %
Available seat miles (ASMs) (000)
2,147,968
1,869,638
14.9
 %
Load factor
80.7
%
83.8
%
(3.1) pts

Passenger flight segments
1,722,592
1,543,392
11.6
 %
Average stage length (miles)
984
992
(0.8
)%
Total departures
12,311
11,043
11.5
 %
 
 
 
 
 
YTD 2017

YTD 2016

Change

Revenue passenger miles (RPMs) (000)
3,556,361
3,226,634
10.2
 %
Available seat miles (ASMs) (000)
4,479,359
3,900,592
14.8
 %
Load factor
79.4
%
82.7
%
(3.3) pts

Passenger flight segments
3,519,011
3,162,006
11.3
 %
Average stage length (miles)
987
996
(0.9
)%
Total departures
25,608
22,944
11.6
 %

Preliminary Systemwide Operational Performance
 
 
February 2017

On-Time Performance1
 
83.2
%
Completion Factor
 
98.3
%

1Total percentage of flights arriving within 14 minutes of scheduled arrival time.

About Spirit Airlines:
Spirit Airlines (NASDAQ: SAVE) is committed to offering the lowest total price to the places we fly, on average much lower than other airlines. Our customers start with an unbundled, stripped-down Bare Fare™ and get Frill Control™ which allows them to pay only for the options they choose - like bags, seat assignments and refreshments - the things other airlines bake right into their ticket prices. We help people save money and travel more often, create new jobs and stimulate business growth in the communities we serve. With our Fit Fleet™, the youngest fleet of any major U.S. airline, we operate more than 420 daily flights to 59 destinations in the U.S., Latin America and the Caribbean. Come save with us at www.spirit.com.
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