Spirit Airlines Showing Steady Growth; Traffic Figures Up Again In April

Spirit Airlines, a low-fare carrier with 14 airports in the U.S., posted a steady 24.2 percent increase in the number of passengers carried in April 2000 versus April 1999. Last month, the airline served 278,998 passengers, topping last year`s monthly figure of 224,634, representing an increase of 54,364 passengers. The year-to-date figure of 1,021,077 passengers carried is up 30.9 percent over last year’s figure of 780,140.
Spirit Airlines’ revenue passenger miles (RPMs) and available seat miles (ASMs) also showed solid increases in April. RPMs for the month were up 31.4 percent over April 1999, with figures of 265,959,000 and 202,406,000, respectively, while the year-to-date figure increased by 38.3 percent. ASMs for April 2000 were up 37.4 percent over April 1999, with figures of 347,772,000 and 253,110,000, respectively, and a year-to-date increase of 47.5 percent.

The load factor percentage for the month held at a respectable 76.5 percent, registering a 3.5 point decrease, when compared to the April 1999 figure of 80 percent. Spirit Airline’s ongoing plan to grow with 164-seat MD-80 aircraft replacing DC-9 aircraft creates large capacity increases. The MD-80 is much more fuel-efficient than the DC-9 and is therefore more profitable to operate even at a lower load factor.

Spirit Airlines, which offers low-fare jet service to some of America’s most popular leisure destinations, is one of the fastest growing, privately held air carriers in the United States. The airline currently has a fleet of 24 planes, flying nearly 100 flights per day.

The carrier’s current route structure includes service to 14 U.S. cities, including Atlantic City, Cleveland, Detroit, Fort Lauderdale, Fort Myers, Islip, LaGuardia, Los Angeles, Melbourne, Myrtle Beach, Newark, Orlando, Tampa and West Palm Beach. Reservations can be made by calling (800) 772-7117, or your travel agent, or by clicking on Spirit Airlines’ Web site at www.spiritair.com.