Spirit Airlines (SAVE) SC 13D/A Spirit Airlines / OAKTREE CAPITAL MANAGEMENT ownership change

EXHIBIT 1

JOINT FILING AGREEMENT

Pursuant to Rule 13(d)-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, each of the undersigned acknowledges and agrees that the foregoing statement on this Schedule 13D is filed on behalf of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of the undersigned without the necessity of filing additional joint acquisition statements.  Each of the undersigned  acknowledges that it shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Dated as of January 27, 2012.

OAKTREE CAPITAL MANAGEMENT, L.P.
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President
OAKTREE HOLDINGS, INC.
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President
OAKTREE CAPITAL GROUP, LLC
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director & Assistant Secretary
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President

1

OAKTREE CAPITAL GROUP HOLDINGS, L.P.
By:	Oaktree Capital Group Holdings GP, LLC,
Its:	General Partner
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President
OAKTREE CAPITAL GROUP HOLDINGS GP, LLC
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President
OCM SPIRIT HOLDINGS III-A, LLC
By:	Oaktree Capital Management, L.P.,
Its:	Manager
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President
OCM PRINCIPAL OPPORTUNITIES FUND II, L.P.
By:	Oaktree Fund GP I, L.P.,
Its:	General Partner
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Authorized Signatory
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Authorized Signatory

2

OCM PRINCIPAL OPPORTUNITIES FUND III, L.P.
By:	OCM Principal Opportunities Fund III GP, L.P.
Its:	General Partner
By:	Oaktree Fund GP I, L.P.
Its:	General Partner
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Authorized Signatory
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Authorized Signatory
OCM PRINCIPAL OPPORTUNITIES FUND III GP, L.P.
By:	Oaktree Fund GP I, L.P.,
Its:	General Partner
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Authorized Signatory
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Authorized Signatory
OAKTREE FUND GP I, L.P.
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Authorized Signatory
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Authorized Signatory
OAKTREE CAPITAL I, L.P.
By:	OCM Holdings I, LLC
Its:	General Partner
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director
By:	/s/ Martin Boskovich

3

Name:	Martin Boskovich
Title:	Senior Vice President
OCM HOLDINGS I, LLC
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President
OAKTREE HOLDINGS, LLC
By:	Oaktree Capital Group, LLC
Its:	Managing Member
By:	/s/ Emily Alexander
Name:	Emily Alexander
Title:	Managing Director & Assistant Secretary
By:	/s/ Martin Boskovich
Name:	Martin Boskovich
Title:	Senior Vice President

4