Exhibit 99.1
Spirit Airlines Reports July 2017 Traffic
MIRAMAR, Fla., (August 8, 2017) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for July 2017.
Traffic (revenue passenger miles) in July 2017 increased 17.8 percent versus July 2016 on a capacity (available seat miles) increase of 22.7 percent. Load factor for July 2017 was 86.3 percent, a decrease of 3.5 percentage points compared to July 2016.
Preliminary Traffic Results
|
| | | | | | |
| | July 2017 |
| July 2016 |
| Change |
|
| Revenue passenger miles (RPMs) (000) | 2,347,011 | 1,991,956 | 17.8 | % |
| Available seat miles (ASMs) (000) | 2,720,733 | 2,217,621 | 22.7 | % |
| Load factor | 86.3 | % | 89.8 | % | (3.5) pts |
|
| Passenger flight segments | 2,298,123 | 2,025,027 | 13.5 | % |
| Average stage length (miles) | 1,008 | 967 | 4.2 | % |
| Total departures | 15,084 | 13,077 | 15.3 | % |
| | | | |
| | YTD 2017 |
| YTD 2016 |
| Change |
|
| Revenue passenger miles (RPMs) (000) | 14,180,071 | 12,611,680 | 12.4 | % |
| Available seat miles (ASMs) (000) | 16,891,211 | 14,620,044 | 15.5 | % |
| Load factor | 83.9 | % | 86.3 | % | (2.4) pts |
|
| Passenger flight segments | 14,073,581 | 12,619,470 | 11.5 | % |
| Average stage length (miles) | 987 | 981 | 0.6 | % |
| Total departures | 95,977 | 86,262 | 11.3 | % |
Preliminary Operational Performance
|
| | | |
| | | July 2017 |
|
On-Time Performance1 | | 73.5 | % |
| Systemwide Completion Factor | | 97.2 | % |
1As defined by the Department of Transportation.
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 480 daily flights to 60 destinations in the U.S., Latin America and the Caribbean. Come save with us at www.spirit.com.
