Spirit Airlines Reports June 2012 Traffic

Miramar, Florida (July 11, 2012) – Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for June 2012 and year-to-date 2012.

Traffic (revenue passenger miles) in June 2012 increased 18.6 percent versus June 2011 on a capacity (available seat miles) increase of 19.8 percent. Load factor for June 2012 was 86.1 percent, a decrease of 0.8 points as compared to June 2011.

The following table summarizes Spirit’s traffic results for the month and year-to-date ended June 30, 2012 and 2011.

Second Quarter 2012 Guidance
The Company estimates its total revenue for the second quarter 2012 increased approximately 25 percent year-over-year on a capacity increase of 16.5 percent and a traffic increase of 15.1 percent. During the second quarter 2012 passenger flight segments increased 18.8 percent. Total revenue per ASM (RASM) for the second quarter 2012 increased approximately 7 percent as compared to the same period last year.

The Company’s second quarter 2012 cost per available seat mile (CASM), excluding unrealized mark-to-market hedge losses, is currently estimated to be between 10.24 cents and 10.29 cents, in line with the Company’s previous guidance.

The following table summarizes Spirit’s updated guidance for the second quarter 2012. All data is based on preliminary estimates and is subject to change. Spirit plans to announce second quarter 2012 results on July 24, 2012.