Spirit Airlines

Spirit Airlines (NASDAQ: SAVE) is the ultra-low cost airline of the Americas and Home of the Bare Fare. Spirit’s fares are unbundled; they simply reflect the cost of taking customers to their destination without any extras. Every customer gets Frill Control: the ability to choose what perks and options they’d like to add to the Bare Fare, independent of the choices of other passengers. Structuring fares this way allows every passenger a chance to fly for less than any other airline. Spirit’s Fit Fleet is one of the youngest flying and is one of the most fuel-efficient in the industry. This innovative approach grows the traveling market and stimulates new economic activity while creating new jobs. Spirit currently operates within the U.S., Latin America, Caribbean and Canada.

Company Growth (employees)
Miramar, US
Size (employees)
5,742 (est)+19%
Spirit Airlines was founded in 1980 and is headquartered in Miramar, US

Spirit Airlines Office Locations

Spirit Airlines has office in Miramar
Miramar, US

Spirit Airlines Metrics

Spirit Airlines Summary

Market capitalization

$3.6 b

Closing share price

Spirit Airlines's current market capitalization is $3.6 b.

Spirit Airlines Financials

Spirit Airlines's revenue is $1.7 b in FY, 2013 which is a 14.4% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$1.7 b$1.9 b$2.1 b$2.3 b

Revenue growth, %


Operating expense total

$1.6 b$1.6 b


$282.3 m$355.3 m$509.1 m

Net Income

$176.9 m$225.5 m$317.2 m$264.9 m

Operating cash flow

$113.8 m$102.2 m$170.8 m

Spirit Airlines Operating Metrics

Y, 2013Y, 2014Y, 2015Y, 2016

Cost per Available Seat Mile


Revenue Passenger Miles

12 b14.2 b18 b21.6 b

Daily Flights


Passenger Load Factor




Block Hours

231.1 k267.3 k338 k389.9 k

Aircraft Fleet


Revenue per Available Seat Mile


Available Seat Miles

13.9 b16.3 b21.2 b25.5 b

Spirit Airlines Market Value History

Spirit Airlines Online Presence

Spirit Airlines News

Spirit Airlines Company Life

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