EXHIBIT 99.1
Spirit Airlines Reports February 2014 Traffic
MIRAMAR, Fla. (March 10, 2014) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for February 2014.
Traffic (revenue passenger miles) in February 2014 increased 25.5 percent versus February 2013 on a capacity (available seat miles) increase of 21.3 percent. Load factor for February 2014 was 86.2 percent, an increase of 3.0 points as compared to February 2013. Spirit's preliminary completion factor for February 2014 was 98.2 percent.
The following table summarizes Spirit's traffic results for the month and year-to-date ended February 28, 2014 and 2013.
|
| | | | | | |
| | February 2014 |
| February 2013 |
| Change |
|
| Revenue passenger miles (RPMs) (000) | 1,010,372 | 804,985 | 25.5 | % |
| Available seat miles (ASMs) (000) | 1,172,577 | 966,986 | 21.3 | % |
| Load factor | 86.2 | % | 83.2 | % | 3.0 pts |
|
| Passenger flight segments | 999,861 | 839,031 | 19.2 | % |
| Average stage length (miles) | 1,001 | 938 | 6.7 | % |
| Total departures | 7,279 | 6,436 | 13.1 | % |
| | | | |
| | YTD 2014 |
| YTD 2013 |
| Change |
|
| Revenue passenger miles (RPMs) (000) | 2,107,297 | 1,673,314 | 25.9 | % |
| Available seat miles (ASMs) (000) | 2,455,921 | 2,002,500 | 22.6 | % |
| Load factor | 85.8 | % | 83.6 | % | 2.2 pts |
|
| Passenger flight segments | 2,079,583 | 1,729,590 | 20.2 | % |
| Average stage length (miles) | 1,004 | 945 | 6.2 | % |
| Total departures | 15,257 | 13,232 | 15.3 | % |
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 more than 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
