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Spirit Airlines Inc (SAVE.N)

SAVE.N on New York Stock Exchange

39.61USD
15 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Spirit Airlines Sees FY 2018 Adjusted CASM Ex-Fuel Down 3 Pct To 4 Pct
Thursday, 26 Apr 2018 11:07am EDT 

April 26 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES INC SEES Q2 2018 CAPACITY UP ABOUT 29 PERCENT - SEC FILING.SPIRIT AIRLINES INC - SEES FY 2018 TOTAL CAPITAL EXPENDITURES OF $1,003 MILLION.SPIRIT AIRLINES INC SEES FY 2018 CAPACITY (AVAILABLE SEAT MILES) UP ABOUT 22.5 PERCENT YEAR-OVER-YEAR.SPIRIT AIRLINES INC SEES Q2 2018 TOTAL REVENUE PER ASM DOWN 6.5 PERCENT TO 7.5 PERCENT YEAR-OVER-YEAR.SPIRIT AIRLINES INC SEES Q2 2018 ADJUSTED CASM EX-FUEL DOWN 7.5 PERCENT TO 8.5 PERCENT YEAR-OVER-YEAR.SPIRIT AIRLINES INC - SEES FY 2018 ADJUSTED CASM EX-FUEL DOWN 3 PERCENT TO 4 PERCENT.  Full Article

Spirit Airlines Reports Q1 Loss Per Share $0.66
Thursday, 26 Apr 2018 06:30am EDT 

April 26 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.44 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE VIEW $0.43 -- THOMSON REUTERS I/B/E/S.Q1 LOSS PER SHARE $0.66.Q1 REVENUE $704.1 MILLION VERSUS I/B/E/S VIEW $706.3 MILLION.TOTAL REVENUE PER AVAILABLE SEAT MILE ("TRASM") FOR Q1 2018 DECREASED 2.4 PERCENT.DURING Q1 2018, COMPANY'S RESULTS BENEFITED FROM CALENDAR SHIFT OF EASTER BY APPROXIMATELY 200 BASIS POINTS.Q1 2018 COST PER AVAILABLE SEAT MILE, EXCLUDING SPECIAL ITEMS AND FUEL, OF 5.33 CENTS, A DECREASE OF 5.0 PERCENT.ON A PER PASSENGER FLIGHT SEGMENT BASIS, TOTAL REVENUE FOR Q1 2018 INCREASED 1.7 PERCENT YEAR OVER YEAR TO $107.71.  Full Article

Spirit Airlines Estimates Total Revenue Per Available Seat Mile For Q1 2018 To Be About 8.37 Cents
Tuesday, 10 Apr 2018 04:43pm EDT 

April 10 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES INC SAYS TOTAL REVENUE PER AVAILABLE SEAT MILE (TRASM) FOR Q1 2018 IS ESTIMATED TO BE APPROXIMATELY 8.37 CENTS - SEC FILING .SPIRIT AIRLINES - ADJUSTED COST PER AVAILABLE SEAT MILE EX-FUEL FOR Q1 2018 IS EXPECTED TO BE DOWN APPROXIMATELY 5.0 PCT YEAR OVER YEAR.SPIRIT AIRLINES INC - NOW ESTIMATES ITS 2018 FULL YEAR CASM EX-FUEL WILL BE DOWN BETWEEN 3 AND 4 PERCENT YEAR OVER YEAR.SPIRIT AIRLINES INC SEES Q1 2018 CAPACITY (AVAILABLE SEAT MILES) UP 22.3 PCT .  Full Article

Spirit Airlines Entered Into Aircraft Sale Agreement To Buy Fourteen A319 100 Aircraft
Monday, 2 Apr 2018 02:28pm EDT 

April 2 (Reuters) - Spirit Airlines Inc ::100 AIRCRAFT UNDER OPERATING LEASES FROM AERCAP GLOBAL AVIATION TRUST.SEC FILING.CO MAY PAY NET PURCHASE PRICES OF AIRCRAFT USING AVAILABLE CASH OR FINANCE PURCHASE OF ANY OR ALL OF AIRCRAFT​.  Full Article

Spirit Airlines Says Confident Co Can Achieve Flattish CASM Ex-Fuel In 2019 ‍​
Tuesday, 6 Mar 2018 09:27am EST 

March 6 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES SAYS CONFIDENT CO CAN ACHIEVE FLATTISH CASM EX-FUEL IN 2019 ‍​- PRESENTATION.SPIRIT AIRLINES SAYS CURRENT 2019E AIRCRAFT DELEVERIES EQUATE TO LESS THAN 10 PERCENT CAPACITY GROWTH IN 2019.SPIRIT AIRLINES SAYS EXPLORING OPPORTUNITIES THAT WOULD ALLOW CO TO GROW 2019 CAPACITY BETWEEN 13% TO 15%.SPIRIT AIRLINES SAYS OVER NEXT SEVERAL YEARS, CO TARGETING LOW TO MID-TEENS GROWTH RATE.SPIRIT AIRLINES SAYS CURRENT FLEET ORDER "SUB-OPTIMAL" GIVEN REMAINING OPPORTUNITIES ‍​.  Full Article

Spirit Airlines Sees Q1 ‍Total Revenue Per ASM Down 1% - 2.5%​
Thursday, 1 Mar 2018 03:06pm EST 

March 1 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES INC SEES Q1 ‍TOTAL REVENUE PER ASM DOWN 1% - 2.5%​.SPIRIT AIRLINES INC SEES Q1 2018 CAPACITY (AVAILABLE SEAT MILES) UP 21.7%.SPIRIT AIRLINES INC SEES FY 2018 CAPACITY (AVAILABLE SEAT MILES) UP ABOUT 23%.SPIRIT AIRLINES INC SEES 2018 ‍TOTAL CAPITAL EXPENDITURES OF $649 ​MILLION.SPIRIT AIRLINES INC SEES Q1 2018 ADJUSTED CASM EX-FUEL DOWN ABOUT 3%.SPIRIT AIRLINES INC SEES FY 2018 ADJUSTED CASM EX-FUEL FLAT TO DOWN 1 PERCENT.SPIRIT AIRLINES SAYS ‍UPDATED GUIDANCE INCORPORATES ESTIMATED INCREASED COSTS DUE TO ITS RECENTLY AMENDED PILOT CONTRACT​ - SEC FILING.  Full Article

Spirit Airlines Pilots Ratify 5-Year Agreement
Wednesday, 28 Feb 2018 11:16am EST 

Feb 28 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES PILOTS RATIFY 5-YEAR AGREEMENT.SPIRIT AIRLINES INC - OF 98 PERCENT OF PILOTS WHO VOTED FOR AGREEMENT, 70 PERCENT CAST BALLOTS IN FAVOR OF AGREEMENT.SPIRIT AIRLINES - ‍CO'S DEAL INCLUDES AVERAGE 43% INCREASE IN PAY RATES, DOUBLE-DIGIT DIRECT CONTRIBUTIONS TO PILOTS' RETIREMENT PLANS​.SPIRIT AIRLINES - CO'S DEAL WITH ALPA ALSO INCLUDES $75 MILLION IN RATIFICATION COMPENSATION​.  Full Article

Spirit Airlines Inc Files For Potential Mixed Shelf Offering
Wednesday, 21 Feb 2018 06:25pm EST 

Feb 21 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Spirit Airlines Sees FY 2018 Capacity Up About 23 Pct
Tuesday, 6 Feb 2018 06:36pm EST 

Feb 6 (Reuters) - Spirit Airlines Inc ::SPIRIT AIRLINES - SEES FY 2018 ADJUSTED CASM EX-FUEL DOWN 3% TO DOWN 5%.SPIRIT AIRLINES INC - SEES Q1 CAPACITY - AVAILABLE SEAT MILES UP ABOUT 21.5 PERCENT.SPIRIT AIRLINES INC - SEES FY 2018 CAPACITY - AVAILABLE SEAT MILES UP ABOUT 23 PERCENT.SPIRIT AIRLINES INC SEES 2018 TOTAL CAPITAL EXPENDITURES OF $649 MILLION.SPIRIT AIRLINES INC - SEES Q1 2018 TOTAL REVENUE PER ASM (TRASM) DOWN 1 PERCENT TO 2.5 PCT‍​.  Full Article

OppenheimerFunds Reports 7.86 Pct Passive Stake In Spirit Airlines As Of Dec. 31
Tuesday, 6 Feb 2018 02:24pm EST 

Feb 6 (Reuters) - OppenheimerFunds Inc::OppenheimerFunds Reports 7.86 Pct Passive Stake In Spirit Airlines <<>> AS OF DEC. 31 - SEC FILING.  Full Article

BRIEF-Spirit Airlines Sees FY 2018 Adjusted CASM Ex-Fuel Down 3 Pct To 4 Pct

* SPIRIT AIRLINES INC SEES Q2 2018 CAPACITY UP ABOUT 29 PERCENT - SEC FILING