0001498710-12-000096.txt : 20121212 0001498710-12-000096.hdr.sgml : 20121212 20121212160436 ACCESSION NUMBER: 0001498710-12-000096 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20121212 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121212 DATE AS OF CHANGE: 20121212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Spirit Airlines, Inc. CENTRAL INDEX KEY: 0001498710 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 381747023 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35186 FILM NUMBER: 121259220 BUSINESS ADDRESS: STREET 1: 2800 EXECUTIVE WAY CITY: MIRAMAR STATE: FL ZIP: 33025 BUSINESS PHONE: 954-447-7920 MAIL ADDRESS: STREET 1: 2800 EXECUTIVE WAY CITY: MIRAMAR STATE: FL ZIP: 33025 8-K 1 form8-knovember2012traffic.htm 8-K Form 8-K November 2012 Traffic Release


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 12, 2012
____________________
SPIRIT AIRLINES, INC.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)

001-35186
(Commission File Number)
38-1747023
(IRS Employer Identification Number)

2800 Executive Way
Miramar, Florida 33025
(Address of principal executive offices, including Zip Code)

(954) 447-7920
(Registrant's telephone number, including area code)
____________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
[]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
[]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
[]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
  






Item 7.01
Regulation FD
The information in this report furnished pursuant to Item 7.01 shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. It may only be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended , if such subsequent filing specifically references the information furnished pursuant to Item 7.01 of this report.
On December 12, 2012, Spirit Airlines, Inc. reported certain traffic statistics for November 2012 and guidance for fourth quarter estimated fuel price and fuel gallons. A copy of Spirit's August traffic results is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by this reference.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits


Exhibit No.
Description
99.1
November 2012 Traffic Results



Cautionary Note Regarding Forward-Looking Statements

Statements in this current report, including the exhibits furnished herewith, contain various forward-looking statements within the meaning Section 21E of the Exchange Act which represent the Company's expectations or beliefs concerning future events. When used in this release, the words “expects,” “estimates,” “plans,” “anticipates,” “indicates,” “believes,” “forecast,” “guidance,” “outlook,” “may,” “will,” “should,” “seeks,” “targets” and similar expressions are intended to identify forward-looking statements. Similarly, statements that describe the Company's objectives, plans or goals, or actions the Company may take in the future, are forward-looking statements. Forward-looking statements include, without limitation, statements regarding the Company's guidance and estimates for fourth quarter 2012, including expectations regarding fuel price and volume. All forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to a number of factors that could cause the Company's actual results to differ materially from the Company's expectations, including the competitive environment in the airline industry; the Company's ability to keep costs low; changes in fuel costs; the impact of worldwide economic conditions on customer travel behavior; the Company's ability to generate non-ticket revenues; and government regulation. Additional information concerning these and other factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to the Company's Annual Report on Form 10-K for the year ended December 31, 2011.








SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




Date: December 12, 2012
SPIRIT AIRLINES, INC.


By: /s/ Thomas Canfield
Name: Thomas Canfield
Title: Senior Vice President and General     Counsel







EXHIBIT INDEX

Exhibit No.
Description
99.1
November 2012 Traffic Results
 
 
 
 




EX-99.1 2 november2012trafficrelease.htm NOVEMBER 2012 TRAFFIC RELEASE November 2012 Traffic Release



    
EXHIBIT 99.1



Spirit Airlines Reports November 2012 Traffic


Miramar, Florida (December 12, 2012) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for November 2012 and year-to-date 2012.
Traffic (revenue passenger miles) in November 2012 increased 28.1 percent versus November 2011 on a capacity (available seat miles) increase of 30.9 percent. Load factor for November 2012 was 83.9 percent, a decrease of 1.8 points as compared to November 2011. Spirit's preliminary completion factor for November 2012 was 99.2 percent.
The following table summarizes Spirit's traffic results for the month and year-to-date ended November 30, 2012 and 2011.
 
November 2012

November 2011

Change

Revenue passenger miles (RPMs) (000)
832,575
649,753
28.1
 %
Available seat miles (ASMs) (000)
992,252
757,900
30.9
 %
Load Factor
83.9
%
85.7
%
(1.8) pts

Passenger flight segments
870,274
714,186
21.9
 %
Average stage length (miles)
940
889
5.7
 %
Total departures
6,637
5,515
20.3
 %
 
 
 
 
 
YTD 2012

YTD 2011

Change

Revenue passenger miles (RPMs) (000)
8,768,011
7,320,918
19.8
 %
Available seat miles (ASMs) (000)
10,287,253
8,523,768
20.7
 %
Load Factor
85.2
%
85.9
%
(0.7) pts

Passenger flight segments
9,498,686
7,769,556
22.3
 %
Average stage length (miles)
905
922
(1.8
)%
Total departures
71,619
59,616
20.1
 %

Fourth Quarter 2012 Guidance
 
 
 
Fourth quarter 2012 estimated average economic fuel cost per gallon (1)
$3.26
 
 
 
 
 
Fourth quarter 2012 estimated fuel gallons (thousands)
36,674
 
 
 
 
 

Footnotes
(1)
Excludes unrealized mark-to-market (gains) and losses which are comprised of estimated non-cash adjustments to aircraft fuel expense. The Company may have unrealized mark-to-market (gains) or losses in the fourth quarter 2012, but is not yet able to estimate the amount.

1




About Spirit Airlines
Spirit Airlines (NASDAQ: SAVE) empowers customers to save money on air travel by offering ultra low base fares with a range of optional services for a fee, allowing customers the freedom to choose only the extras they value. This innovative approach grows the traveling market and stimulates new economic activity while creating new jobs. Spirit's modern fleet, configuration and other innovations enable Spirit to burn less fuel per seat than competitors, making Spirit one of the most environmentally-friendly US carriers. Spirit's all-Airbus fleet currently operates more than 200 daily flights to over 50 destinations within the U.S., Latin America and Caribbean. Visit Spirit at www.spirit.com.


Forward-Looking Statements
Statements in this release contain various forward-looking statements within the meaning Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations or beliefs concerning future events. When used in this release, the words “expects,” “estimates,” “plans,” “anticipates,” “indicates,” “believes,” “forecast,” “guidance,” “outlook,” “may,” “will,” “should,” “seeks,” “targets” and similar expressions are intended to identify forward-looking statements. Similarly, statements that describe the Company's objectives, plans or goals, or actions the Company may take in the future, are forward-looking statements. Forward-looking statements include, without limitation, statements regarding the Company's guidance and estimates for fourth quarter 2012, including expectations regarding revenue, RASM, load factor, and capacity. All forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to a number of factors that could cause the Company's actual results to differ materially from the Company's expectations, including the competitive environment in the airline industry; the Company's ability to keep costs low; changes in fuel costs; the impact of worldwide economic conditions on customer travel behavior; the Company's ability to generate non-ticket revenues; and government regulation. Additional information concerning these and other factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to the Company's Annual Report on Form 10-K for the year ended December 31, 2011.

###




Investor Relations Contact:
DeAnne Gabel
Director, Investor Relations
InvestorRelations@spirit.com
954-447-7920

Media Contacts:
Misty Pinson
Director, Corporate Communications
misty.pinson@spirit.com
954-628-4827/cell 954-918-9432

Manuel Jaquez
Senior Manager Commercial - Latin America
manuel.jaquez@spirit.com
954-628-4898




2
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