Spirit Airlines reports September 2011 traffic

Miramar, Florida – Spirit Airlines (Nasdaq: SAVE) today reported its preliminary traffic results for September 2011 and year-to-date 2011.

Traffic (revenue passenger miles) in September 2011 increased 9.8 percent versus September 2010 on a capacity (available seat miles) increase of 3.4 percent. Load factor for September 2011 was 82.5 percent, an increase of 4.8 points as compared to September 2010.

Spirit’s updated guidance for the quarter ended September 30, 2011 for CASM, CASM ex-fuel, fuel price per gallon, fuel gallons, effective tax rate and share counts – As compared to its previous guidance given on July 27, 2011, the Company’s estimated CASM ex-fuel range increased partly due to 1% less capacity than estimated, higher distribution costs driven by higher-than-expected revenue, and a higher number of maintenance events than anticipated.