Spirit Airlines pax traffic up 20% with 89% load factor in Mar-2014, RASM down 3% in 1Q2014

Spirit Airlines reports (07-Apr-2014) the following traffic highlights in Mar-2014:

• Passenger traffic (RPMs): +19.6% year-on-year;
• Passenger load factor: 89%, +1.1 ppts. [more - original PR]

Spirit Airlines: "The Company estimates total revenue per available seat mile (RASM) for the first quarter 2014 decreased approximately 2.5 percent as compared to the same period last year," Source: Company statement, 07-Apr-2014.