Spirit Airlines Reports September 2012 Traffic

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

Traffic (revenue passenger miles) in September 2012 increased 29.7 percent versus September 2011 on a capacity (available seat miles) increase of 30.2 percent. Load factor for September 2012 was 82.2 percent, a decrease of 0.3 points as compared to September 2011. Spirit’s preliminary completion factor for September 2012 was 99.6 percent.

Third Quarter 2012 Guidance
The Company estimates its total revenue per ASM (RASM) for the third quarter 2012 decreased 3 to 4 percent year-over-year.

The Company’s third quarter 2012 cost per available seat mile (CASM), excluding special items and unrealized mark-to-market hedge gains, is currently estimated to be between 10.14 cents and 10.19 cents, higher than the Company’s previous guidance due to higher fuel cost. Spirit estimates its CASM ex-fuel for the quarter was between 6.00 cents and 6.05 cents, lower than previous guidance primarily due to maintenance-related costs that shifted from the third to fourth quarter 2012.

The following table summarizes Spirit’s updated guidance for the third quarter 2012. All data is based on preliminary estimates and is subject to change. Spirit plans to announce third quarter 2012 results on October 30, 2012.