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Spirit Airlines operating profit almost doubles in 3Q2013

31-Oct-2013 2:03 PM

Spirit Airlines revenue up 33% - financial highlights for three months ended 30-Sep-2013:

  • Total operating revenue: USD456.6 million, +33.4% year-on-year;
  • Total operating costs: USD358.8 million, +22.6%;
    • Fuel: USD145.0 million, +18.8%;
    • Labour: USD66.8 million, +22.8%;
  • Operating profit: USD97.8 million, +96.9%;
  • Net profit: USD61.1 million, +97.8%;
  • Passenger numbers: 3.4 million, +19.9%;
  • Load factor: 89.1%, +3.2 ppts;
  • Operating revenue per ASM: USD 12.55 cents, +8.9%;
  • Average yield: USD 14.09 cents, +5.1%;
  • Cost per ASM: USD 9.86 cents, +0.2%;
  • Adjusted cost per ASM excl fuel: USD 5.86 cents, -2.7%;
  • Total assets: USD1125 million;
  • Cash and cash equivalents: USD540.2 million;
  • Total liabilities: USD401.4 million. [more - original PR]