Exhibit 99.1
Spirit Airlines Reports February 2016 Traffic
MIRAMAR, Fla., (March 7, 2016) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for February 2016.
Traffic (revenue passenger miles) in February 2016 increased 27.9 percent versus February 2015 on a capacity (available seat miles) increase of 28.4 percent. Load factor for February 2016 was 83.8 percent, a decrease of 0.4 percentage points compared to February 2015. Spirit's preliminary systemwide completion factor for February 2016 was 96.3 percent.
The following table summarizes Spirit's traffic results for February and year-to-date 2016 compared to the same period last year.
|
| | | | | | |
| | February 2016 |
| February 2015 |
| Change |
|
| Revenue passenger miles (RPMs) (000) | 1,566,798 | 1,225,307 | 27.9 | % |
| Available seat miles (ASMs) (000) | 1,869,638 | 1,455,974 | 28.4 | % |
| Load factor | 83.8 | % | 84.2 | % | (0.4) pts |
|
| Passenger flight segments | 1,543,392 | 1,210,389 | 27.5 | % |
| Average stage length (miles) | 992 | 991 | 0.1 | % |
| Total departures | 11,043 | 8,940 | 23.5 | % |
| | | | |
| | YTD 2016 |
| YTD 2015 |
| Change |
|
| Revenue passenger miles (RPMs) (000) | 3,226,634 | 2,544,261 | 26.8 | % |
| Available seat miles (ASMs) (000) | 3,900,592 | 3,057,202 | 27.6 | % |
| Load factor | 82.7 | % | 83.2 | % | (0.5) pts |
|
| Passenger flight segments | 3,162,006 | 2,508,358 | 26.1 | % |
| Average stage length (miles) | 996 | 993 | 0.3 | % |
| Total departures | 22,944 | 18,752 | 22.4 | % |
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 US airline, we operate more than 385 daily flights to 56 destinations in the U.S., Latin America and the Caribbean. Come save with us at www.spirit.com.
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