Spirit Airlines Inc

Overview

Spirit Airlines Inc (Spirit) is an airline company, operating low-fare flights. The company provides affordable travel service to price-conscious customers at base fares. It also offers optional services, including baggage, assigned seats, travel insurance, refreshments, and travel packages, which are charged accordingly. The company operates a fleet of 157 Airbus single-aisle aircraft, which includes the A319, A320 and A321 model aircraft. The company also provides FREE SPIRIT loyalty program and $9 Fare Club low-fare subscription program. The company offers daily flights services in the US, and throughout Latin America and the Caribbean. Spirit is headquartered in Miramar, Florida, the US.
Key Stats
Address
2800 Executive Way, MIRAMAR, Florida
Headquarters

United States of America

Contact

1 954 4477920

Website
www.spirit.com
No of Employees

8,756

Industry

Transport and Logistics

Ticker Symbol & Exchange​

SAVE [NYSE]

Revenue (2020)

$1,810 m

-52.8% (2020 vs 2019)
Net Income (2020)

$-429 m

-228% (2020 vs 2019)
Net Profit Margin

-24 %

-370.6% (2020 vs 2019)
Market Cap *

$2,668 m

EPS *

$-5.7

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Spirit Airlines IncDelta Air Lines IncUnited Airlines IncSouthwest Airlines Co
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City MIRAMAR ATLANTA Chicago DALLAS
Headquarter State/Province Florida Georgia Illinois Texas
No. of Employees 8,756 74,000 74,400 54,448
Entity Type Public Public Private Public

Products & Services

Spirit is a low-cost passenger air- transportation service provider. Key services and brands offered by the company include:

Services
  • Air Transportation Service
  • Loyalty Programs
  • Carry-on Baggage Service
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Brands
  • FREE SPIRIT
  • $9 Fare Club
  • Frill Control
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Matthew H. Klein Chief Commercial Officer; Executive Vice President Senior Management 2019 47 Mr. Matt Klein has been the Chief Commercial Officer and an Executive Vice President of the company since 2019. Prior...
Ted Christie III Chief Executive Officer; Director; President Executive Board 2019 50 Mr. Ted Christie III has been the Chief Executive Officer, President and a Director of Spirit Airlines since 2019. Prior...
Robert A. Schroeter Senior Vice President; Chief Marketing Officer Senior Management 2019 - Mr. Robert A. Schroeter has been the Chief Marketing Officer and Senior Vice President of the company since 2019. Prior...
Scott M. Haralson Senior Vice President; Chief Financial Officer Senior Management 2018 48 Mr. Scott M. Haralson has been the Chief Financial Officer and Senior Vice President of the company since 2018. Prior...
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History

Year Event Description
2021 New Products/Services In March, the company announced the launch of new flights from Houston, Los Angeles, and…
2021 New Products/Services In March, the company announced its plans to launch flights from LaGuardia Airport to Nashville;…
2021 New Products/Services In March, the company announced its plans to launch flights from St. Louis Lambert International…
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Locations


Spirit Finance Cayman 1 Ltd
Spirit Loyalty Cayman Ltd
Spirit IP Cayman Ltd
Spirit Finance Cayman 2 Ltd

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
27 Apr 2021 Spirit Airlines Raises USD500 Million in Offering of 1% Convertible Senior Notes Due 2026 Debt Offering Spirit Airlines Inc
06 May 2020 Spirit Airlines to Raise USD150 Million in Public Offering of Convertible Senior Notes Due 2025 Debt Offering Spirit Airlines Inc
06 May 2020 Spirit Airlines Announces Public Offering of Common Stock to Raise USD147.72 Million Equity Offering Spirit Airlines Inc
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29 Jul 2013 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

122

Active Jobs

53

Posted

52

Closed

Job Trends

Latest Jobs

Job title Company Country
Manager, Ground Operations Spirit Airlines Inc United States
Analyst II, HRIS Spirit Airlines Inc United States
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