Exhibit 99.1
Spirit Airlines Reports October 2016 Traffic
MIRAMAR, Fla., (November 8, 2016) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for October 2016.
Traffic (revenue passenger miles) in October 2016 increased 12.3 percent versus October 2015 on a capacity (available seat miles) increase of 13.1 percent. Load factor for October 2016 was 82.9 percent, a decrease of 0.6 percentage points compared to October 2015.
Spirit's completion factor for October 2016 was negatively impacted as a result of adverse weather conditions and airport closures in connection with Hurricane Matthew. Spirit canceled 313 flights, or 48.2 million available seat miles, related to the storm.
Preliminary Traffic Results
October 2016 | October 2015 | Change | ||||
Revenue passenger miles (RPMs) (000) | 1,728,001 | 1,538,686 | 12.3 | % | ||
Available seat miles (ASMs) (000) | 2,085,175 | 1,843,544 | 13.1 | % | ||
Load factor | 82.9 | % | 83.5 | % | (0.6) pts | |
Passenger flight segments | 1,730,928 | 1,521,961 | 13.7 | % | ||
Average stage length (miles) | 970 | 993 | (2.3 | )% | ||
Total departures | 12,176 | 10,973 | 11.0 | % | ||
YTD 2016 | YTD 2015 | Change | ||||
Revenue passenger miles (RPMs) (000) | 17,947,095 | 14,806,000 | 21.2 | % | ||
Available seat miles (ASMs) (000) | 20,994,802 | 17,384,302 | 20.8 | % | ||
Load factor | 85.5 | % | 85.2 | % | 0.3 pts | |
Passenger flight segments | 17,999,324 | 14,792,706 | 21.7 | % | ||
Average stage length (miles) | 977 | 983 | (0.6 | )% | ||
Total departures | 123,671 | 106,213 | 16.4 | % |
Preliminary Systemwide Operational Performance
October 2016 | |||
On-Time Performance1 | 85.6 | % | |
Completion Factor | 97.2 | % |
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 400 daily flights to 57 destinations in the U.S., Latin America and the Caribbean. Come save with us at www.spirit.com.
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