Spirit Airlines revenue up 8% in 3Q2016

Spirit Airlines revenue up 8% - financial highlights:

• Three months ended 30-Sep-2016:
• • Total operating revenue: USD621.3 million, +8.1% year-on-year;
  • Total operating costs: USD486.1 million, +16.4%;
  • • Fuel: USD121.8 million, +5.1%;
    • Labour: USD120.2 million, +26.4%;
  • Operating profit: USD135.2 million, -14.0%;
  • Net profit: USD81.4 million, -16.2%;
  • Passenger numbers: 5.7 million, +18.8%;
  • Passenger load factor: 86.0%, +0.8% ppt;
  • Average yield: USD 11.1 cents, -7.9%;
  • Operating revenue per ASM: USD 9.55 cents, -7.0%;
  • Cost per ASM: USD 7.47 cents, +0.1%;
  • Adjusted cost per ASM excl fuel: USD 5.48 cents, +1.7%;
• • Total assets: USD3129.6 million;
  • Cash and cash equivalents: USD825.9 million;
  • Total liabilities: USD1785.1 million. [more - original PR]