Profile: Spirit Airlines Inc (SAVE.O)
24 Mar 2017
Spirit Airlines, Inc., incorporated on March 8, 1994, is an airline company. The Company provides air transportation for passengers. As of December 31, 2016, the Company's all-Airbus Fit Fleet operated over 420 daily flights to 59 destinations in the United States, Caribbean and Latin America. As of December 31, 2016, the Company had a fleet of 95 Airbus single-aisle aircraft, which are referred to as A320 family aircraft. A320 family aircraft include the A319, A320 and A321 models, which have common design and equipment but differ most notably in fuselage length, service range and seat capacity. As of December 31, 2016, its fleet consisted of 29 A319s, 45 A320ceos, five A320neos and 16 A321ceos.
The Company's Bare Fares offerings are unbundled base fares that remove components included in the price of an airline ticket. The Company also offers Frill Control, which allows customers to pay only for the options they choose, such as bags, advance seat assignments and refreshments. As of December 31, 2016, its route network included 200 markets served by 59 airports throughout North America, Central America, South America and the Caribbean. The Company operates international service to Aruba, Colombia, Costa Rica, Cuba, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Peru and St. Maarten, as well as Puerto Rico and the Unites States Virgin Islands.
The Company competes with Southwest Airlines, American Airlines, Delta Air Lines, United Airlines and JetBlue Airways.
Spirit Airlines Inc
2800 Executive Way
MIRAMAR FL 33025
Company Web Links
- BRIEF-Spirit Airlines expects Q1 2017 revenue per available seat mile to be down 4 to 5 pct yr over yr
- BRIEF-Spirit Airlines provides guidance, preliminary traffic results for January
- BRIEF-Spirit Airlines posts Q4 earnings per share $0.70
- BRIEF-Ted Christie named CFO, executive vice president of Spirit Airlines
- BRIEF-Spirit Airlines sees FY 2016 gross capital expenditures $657 mln