Spirit Airlines (SAVE) August Traffic Increases 18.3%, ASM Up 17.1%
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Spirit Airlines (NASDAQ: SAVE) today disclosed in an SEC filing:
Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for August 2016.
Traffic (revenue passenger miles) in August 2016 increased 18.3 percent versus August 2015 on a capacity (available seat miles) increase of 17.1 percent. Load factor forAugust 2016 was 87.1 percent, an increase of 0.9 percentage points compared to August 2015.
Preliminary Traffic Results
August 2016 | August 2015 | Change | ||||
Revenue passenger miles (RPMs) (000) | 1,937,054 | 1,637,228 | 18.3 | % | ||
Available seat miles (ASMs) (000) | 2,224,455 | 1,899,571 | 17.1 | % | ||
Load factor | 87.1 | % | 86.2 | % | 0.9 pts | |
Passenger flight segments | 1,963,531 | 1,648,122 | 19.1 | % | ||
Average stage length (miles) | 966 | 979 | (1.3 | )% | ||
Total departures | 13,143 | 11,628 | 13.0 | % | ||
YTD 2016 | YTD 2015 | Change | ||||
Revenue passenger miles (RPMs) (000) | 14,548,734 | 11,817,878 | 23.1 | % | ||
Available seat miles (ASMs) (000) | 16,844,499 | 13,735,599 | 22.6 | % | ||
Load factor | 86.4 | % | 86.0 | % | 0.4 pts | |
Passenger flight segments | 14,583,001 | 11,833,883 | 23.2 | % | ||
Average stage length (miles) | 979 | 981 | (0.2 | )% | ||
Total departures | 99,405 | 84,422 | 17.7 | % |
Preliminary Systemwide Operational Performance
August 2016 | |||
On-Time Performance1 | 72.7 | % | |
Completion Factor | 98.5 | % |
1Total percentage of flights arriving within 14 minutes of scheduled arrival time.
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