Form 8-K Spirit Airlines, Inc. For: Jun 08
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 8, 2016
____________________
SPIRIT AIRLINES, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
001-35186 (Commission File Number) | 38-1747023 (IRS Employer Identification Number) |
2800 Executive Way
Miramar, Florida 33025
(Address of principal executive offices, including Zip Code)
(954) 447-7920
(Registrant's telephone number, including area code)
____________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 | Regulation FD |
The information in this report furnished pursuant to Item 7.01 shall not be deemed “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. It may only be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended, if such subsequent filing specifically references the information furnished pursuant to Item 7.01 of this report.
On June 8, 2016, Spirit Airlines, Inc. reported certain traffic statistics for May 2016, a copy of which report is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. | Description |
99.1 | May 2016 Traffic Results |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 8, 2016 | SPIRIT AIRLINES, INC. | |||
By: /s/ Thomas Canfield | ||||
Name: Thomas Canfield | ||||
Title: Senior Vice President and General | ||||
Counsel |
EXHIBIT INDEX
Exhibit No. | Description |
99.1 | May 2016 Traffic Results |
Exhibit 99.1
Spirit Airlines Reports May 2016 Traffic
MIRAMAR, Fla., (June 8, 2016) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for May 2016.
Traffic (revenue passenger miles) in May 2016 increased 24.8 percent versus May 2015 on a capacity (available seat miles) increase of 24.0 percent. Load factor for May 2016 was 87.2 percent, an increase of 0.6 percentage points compared to May 2015. Spirit's preliminary systemwide completion factor for May 2016 was 98.6 percent.
The following table summarizes Spirit's traffic results for May and year-to-date 2016 compared to the same period last year.
May 2016 | May 2015 | Change | ||||
Revenue passenger miles (RPMs) (000) | 1,929,429 | 1,545,610 | 24.8 | % | ||
Available seat miles (ASMs) (000) | 2,213,560 | 1,784,852 | 24.0 | % | ||
Load factor | 87.2 | % | 86.6 | % | 0.6 pts | |
Passenger flight segments | 1,952,877 | 1,560,042 | 25.2 | % | ||
Average stage length (miles) | 970 | 970 | — | % | ||
Total departures | 13,106 | 11,050 | 18.6 | % | ||
YTD 2016 | YTD 2015 | Change | ||||
Revenue passenger miles (RPMs) (000) | 8,741,587 | 6,992,895 | 25.0 | % | ||
Available seat miles (ASMs) (000) | 10,278,641 | 8,213,478 | 25.1 | % | ||
Load factor | 85.0 | % | 85.1 | % | (0.1) pts | |
Passenger flight segments | 8,689,787 | 6,982,537 | 24.5 | % | ||
Average stage length (miles) | 986 | 984 | 0.2 | % | ||
Total departures | 60,565 | 50,542 | 19.8 | % |
About Spirit Airlines:
Spirit Airlines (NASDAQ: SAVE) is committed to offering the lowest total price to the places we fly, on average much lower than other airlines. Our customers start with an unbundled, stripped-down Bare Fare™ and get Frill Control™ which allows them to pay only for the options they choose - like bags, seat assignments and refreshments - the things other airlines bake right into their ticket prices. We help people save money and travel more often, create new jobs and stimulate business growth in the communities we serve. With our Fit Fleet™, the youngest fleet of any major US airline, we operate more than 400 daily flights to 56 destinations in the U.S., Latin America and the Caribbean. Come save with us at www.spirit.com.
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