Form 8-K Spirit Airlines, Inc. For: Sep 12
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): September 12, 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 September 12, 2016, Spirit Airlines, Inc. reported certain operating and traffic statistics for August 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 | August 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: September 12, 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 | August 2016 Traffic Results |
Exhibit 99.1
Spirit Airlines Reports August 2016 Traffic
MIRAMAR, Fla., (September 12, 2016) - 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 for August 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.
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 U.S. 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.
###
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Spirit Airlines (SAVE) Optimizes Baggage Operations and Reduces Costs with TA Ramp (CPAY)
- With New Hire, FeganScott Expands Footprint to Include Nation’s Capital
- ALL KIDS BIKE® RECEIVES 2024 GRANT AWARD FROM YAMAHA’S OUTDOOR ACCESS INITIATIVE
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!