Last $55.07 USD
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As of 8:10 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

2800 Executive Way

Miramar, FL 33025

United States

Phone: 954-447-7920

Fax:

Spirit Airlines, Inc. operates as an airline company in the United States. The company’s all-Airbus fleet operates approximately 200 daily flights to 50 destinations in the United States, Caribbean and Latin America. As of December 31, 2012, the company’s route network included 110 markets served by 52 airports throughout North America, Central America, South America and the Caribbean. As of December 31, 2012, the company had a fleet of 45 Airbus single-aisle aircraft, consisting of 27 A319s, 16 A320s and 2 A321s, and the average age of the fleet was 4.6 years. Seasonality The company’s business is subject to significant seasonal fluctuations. The company expects demand to be greater in the second and third quarters compared to the rest of the year. The air transportation business is also volatile and highly affected by economic cycles and trends. Regulation International Regulation: All international service is subject to the regulatory requirements of the foreign government involved. The company operates international service to Aruba, the Bahamas, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Peru and St. Maarten, as well as Puerto Rico and the U.S. Virgin Islands. Environmental Regulation: The company is subject to various federal, state and local laws and regulations relating to the protection of the environment and affecting matters such as aircraft engine emissions, aircraft noise emissions, and the discharge or disposal of materials and chemicals, which laws and regulations are administered by various state and federal agencies. The Environmental Protection Agency, or EPA, regulates operations, including air carrier operations, which affect the quality of air in the United States. Competition The company’s principal competitors on domestic routes are American Airlines, Southwest Airlines, United Airlines, and Delta Airlines. The company’s principal competitors for service from South Florida to its markets in the Caribbean and Latin America are American Airlines through its hub in Miami and JetBlue Airways through its operations in Fort Lauderdale. Significant Events In August 2013, Engage Play Technologies has partnered with Spirit Airlines and launched FREE SPIRIT Play, a game entertainment rewards and incentive platform for the airline’s FREE SPIRIT frequent flyer program members. History Spirit Airlines, Inc. was founded in 1964.

 

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