Spirit Airlines (SAVE) August Traffic Increases 18.3%, ASM Up 17.1%

September 12, 2016 4:14 PM EDT
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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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