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Spirit Airlines Inc (SAVE.N)

SAVE.N on New York Stock Exchange

60.97USD
12 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Spirit Airlines Grows Network Into Indianapolis
Tuesday, 11 Dec 2018 10:00am EST 

Dec 11 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES - BEGINNING MARCH 14, 2019, WILL BEGIN DAILY SERVICE FROM INDIANAPOLIS INTERNATIONAL AIRPORT TO ORLANDO & MCCARRAN INTERNATIONAL AIRPORT.  Full Article

Spirit Airlines Sees Q4 TRASM Up About 11 Pct
Monday, 26 Nov 2018 05:15pm EST 

Nov 26 (Reuters) - Spirit Airlines Inc ::NOW ESTIMATES CASM EX-FUEL FOR Q4 WILL BE UP 5.0 PERCENT TO 5.5 PERCENT.MODESTLY IMPROVED ITS RANGE FOR Q4 COST PER AVAILABLE SEAT MILE EXCLUDING FUEL.Q4 TRASM ESTIMATED TO BE UP ABOUT 11 PERCENT.SEES Q4 AVAILABLE SEAT MILES UP 15 PERCENT.IMPROVEMENT IN Q4 TRASM GUIDANCE PRIMARILY DRIVEN BY HIGHER NON-TICKET REVENUE & HIGHER LOAD FACTOR EXPECTATIONS.SEES Q4 ADJUSTED CASM EX-FUEL YEAR-OVER-YEAR UP 5% TO 5.5%.  Full Article

Kenneth Griffin Reports 5% Passive Stake In Spirit Airlines As Of Nov 1,
Thursday, 8 Nov 2018 01:49pm EST 

Nov 8 (Reuters) - KENNETH GRIFFIN ::KENNETH GRIFFIN REPORTS A 5 PERCENT PASSIVE STAKE IN SPIRIT AIRLINES AS OF NOV 1, 2018 - SEC FILING.  Full Article

Spirit Airlines Says Remains On Track To Deliver Full Year CASM Ex-Fuel Of Down 3.5 To 4 Pct
Wednesday, 24 Oct 2018 05:23pm EDT 

Oct 24 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES INC - FOR THE FULL YEAR 2018, REMAINS ON TRACK TO DELIVER CASM EX-FUEL OF DOWN 3.5 TO 4.0 PERCENT YEAR OVER YEAR - SEC FILING.SPIRIT AIRLINES INC - FOR Q4 2018, ESTIMATES COST PER AVAILABLE SEAT MILE EXCLUDING FUEL (CASM EX-FUEL) WILL BE UP 5 TO 6 PERCENT YEAR OVER YEAR.SPIRIT AIRLINES INC SEES FULL YEAR 2018 TOTAL CAPITAL EXPENDITURES $1,009 MILLION.  Full Article

Spirit Airlines Reports Third Quarter 2018 Results
Wednesday, 24 Oct 2018 04:10pm EDT 

Oct 24 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES REPORTS THIRD QUARTER 2018 RESULTS.Q3 GAAP EARNINGS PER SHARE $1.42.Q3 EARNINGS PER SHARE VIEW $1.38 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $904.3 MILLION VERSUS I/B/E/S VIEW $897 MILLION.TOTAL OPERATING REVENUE PER AVAILABLE SEAT MILE ("TRASM") FOR Q3 2018 INCREASED 5.5 PERCENT COMPARED TO SAME PERIOD LAST YEAR..FOR Q3 2018, TOTAL GAAP OPERATING EXPENSES, INCREASED 30.1 PERCENT YEAR OVER YEAR TO $759.2 MILLION.AIRCRAFT FUEL EXPENSE INCREASED IN Q3 2018 BY 63.5 PERCENT YEAR OVER YEAR.Q3 2018 COST PER AVAILABLE SEAT MILE EXCLUDING SPECIAL ITEMS AND FUEL OF 5.22 CENTS, A DECREASE OF 3.7 PERCENT.  Full Article

Spirit Airlines Sees Q3 Capacity Up 24.5 Pct Y-O-Y
Wednesday, 25 Jul 2018 04:30pm EDT 

July 25 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES INC SEES Q3 CAPACITY UP 24.5 PERCENT Y-O-Y - SEC FILING.SPIRIT AIRLINES INC SEES FY 2018 CAPACITY UP 22.7 PERCENT Y-O-Y.SPIRIT AIRLINES INC - TRASM FOR Q3 IS ESTIMATED TO BE UP BETWEEN 2 TO 3 PERCENT.SPIRIT AIRLINES INC SEES Q3 ADJUSTED CASM EX-FUEL DOWN 3% TO 4% Y-O-Y.SPIRIT AIRLINES INC SEES FY 2018 TOTAL CAPITAL EXPENDITURES $1,017 MILLION.SPIRIT AIRLINES INC -SEES FY 2018 ADJUSTED CASM EX-FUEL DOWN 3.5% TO 4.0%.  Full Article

Spirit Airlines says brief computer outage disrupts 16 flights
Friday, 9 Mar 2018 06:45pm EST 

Recasts with Spirit saying issue resolved:.  Full Article

Spirit Airlines sees 'pretty big' tax deferral following tax overhaul
Tuesday, 23 Jan 2018 11:01am EST 

Jan 23 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES TREASURER SAYS WOULD WANT TO SECURE AGREEMENT WITH PILOTS BEFORE CONFIRMING A NEW PLANE ORDER.SPIRIT AIRLINES TREASURER SAYS THE TAX REFORM IS A 'BIG DEAL' FOR THE AIRLINE; HAS A PRETTY BIG TAX DEFERRAL LIABILITY.SPIRIT AIRLINES TREASURER SAYS IF RIGHT OPPORTUNITY THERE SPIRIT WILL ALWAYS LOOK AT CONSOLIDATION OPPORTUNITIES.  Full Article

Spirit Airlines Q4 Revenue Per Available Seat Mile Estimated To Be Down About 2 Pct
Tuesday, 16 Jan 2018 05:05pm EST 

Jan 16 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES INC - TOTAL REVENUE PER AVAILABLE SEAT MILE FOR FOURTH QUARTER 2017 IS ESTIMATED TO BE DOWN APPROXIMATELY 2 PERCENT YEAR OVER YEAR‍​.SPIRIT AIRLINES - ADJUSTED COST PER AVAILABLE SEAT MILE EX-FUEL FOR Q4 2017 EXPECTED TO BE DOWN APPROXIMATELY 4 PERCENT YEAR OVER YEAR.SPIRIT AIRLINES - EXPECTS TO RECORD CREDIT, OR REDUCTION, TO INCOME TAX EXPENSE IN Q4 2017 OF ABOUT $200 MILLION DUE TO TAX REFORM LEGISLATION.SPIRIT AIRLINES - PRELIMINARY TRAFFIC IN DECEMBER 2017 INCREASED 14.8 PERCENT VERSUS DECEMBER 2016.SPIRIT AIRLINES - PRELIMINARY DEC CAPACITY INCREASE OF 14.7 PERCENT.SPIRIT AIRLINES-PRELIMINARY LOAD FACTOR FOR DECEMBER 2017 WAS 80.4 PERCENT, AN INCREASE OF 0.1 PERCENTAGE POINTS COMPARED TO DECEMBER 2016.  Full Article

Spirit Airlines Announces Transfer To The New York Stock Exchange
Monday, 18 Dec 2017 10:07am EST 

Dec 18 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES ANNOUNCES TRANSFER TO THE NEW YORK STOCK EXCHANGE.SPIRIT AIRLINES - EXPECTS THAT ITS COMMON STOCK WILL BEGIN TRADING ON NYSE ON DECEMBER 28, 2017, UNDER ITS CURRENT TICKER SYMBOL "SAVE".  Full Article

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New U.S. FAA rules on airplane seat size may not create more leg room

CHICAGO/WASHINGTON A bill that will regulate minimum seat size on U.S. passenger airplanes for the first time is unlikely to lead to more leg or elbow room for cramped flyers, airline consultants said.