6-Nov-2013 4:44 PM
Spirit Airlines provides 4Q2013 guidance, 2014 ASMs to increase 15%
Spirit Airlines provided (30-Oct-2013) the following 4Q2013 guidance:
- Capacity (ASMs): Increase 23.8% year-on-year;
- 2014 ASMs: Increase approximately 15%;
- Passenger segments: Increase between 18% and 19%;
- CASM ex-fuel: Between USD0.0617 and and USD0.0623;
- Fuel cost: USD3.17 per gallon;
- 2013 capex: USD21 million;
- 21% of estimated 4Q2013 fuel requirements hedged using jet fuel swaps an average price per barrel of USD32.39. [more - original PR]