0001498710-13-000099.txt : 20130610 0001498710-13-000099.hdr.sgml : 20130610 20130610080643 ACCESSION NUMBER: 0001498710-13-000099 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130610 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130610 DATE AS OF CHANGE: 20130610 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: 13902127 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-kmay2013traffic.htm 8-K Form 8-K May 2013 Traffic


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): June 10, 2013
____________________
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 and 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 (the “Securities Act”), if such subsequent filing specifically references the information furnished pursuant to Item 7.01 of this report.
On June 10, 2013, Spirit Airlines, Inc. reported certain traffic statistics for May 2013 and guidance for first quarter estimated fuel price and fuel gallons.
A copy of Spirit's traffic results is filed as Exhibit 99.1 to this Current Report of Form 8-K and incorporated herein by this reference.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits


Exhibit No.
Description
99.1
May 2013 Traffic Results












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: June 10, 2013
SPIRIT AIRLINES, INC.


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








EXHIBIT INDEX

Exhibit No.
Description
 
 
99.1
May 2013 Traffic Results
 
 
 
 




EX-99.1 2 may2013trafficrelease.htm EXHIBIT May 2013 Traffic Release



    
EXHIBIT 99.1
 

Spirit Airlines Reports May 2013 Traffic

Miramar, Florida (June 10, 2013) - Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for May 2013.
Traffic (revenue passenger miles) in May 2013 increased 28.5 percent versus May 2012 on a capacity (available seat miles) increase of 24.7 percent. Load factor for May 2013 was 86.9 percent, an increase of 2.6 points as compared to May 2012. Spirit's preliminary completion factor for May 2013 was 99.3 percent.
The following table summarizes Spirit's traffic results for the month and year-to-date ended May 31, 2013 and 2012.
 
May 2013

May 2012

Change

Revenue passenger miles (RPMs) (000)
1,002,186
779,833
28.5
%
Available seat miles (ASMs) (000)
1,153,501
924,807
24.7
%
Load Factor
86.9
%
84.3
%
2.6 pts

Passenger flight segments
1,060,735
852,832
24.4
%
Average stage length (miles)
930

897
3.7
%
Total departures
7,723
6,524
18.4
%
 
 
 
 

YTD 2013

YTD 2012

Change

Revenue passenger miles (RPMs) (000)
4,562,386
3,769,360
21.0
%
Available seat miles (ASMs) (000)
5,381,492
4,460,259
20.7
%
Load Factor
84.8
%
84.5
%
0.3 pts

Passenger flight segments
4,796,155
4,049,153
18.4
%
Average stage length (miles)
937
910
3.0
%
Total departures
35,840
30,999
15.6
%


Guidance
 
 
 
Second quarter 2013 estimated average economic fuel cost per gallon (1)
$3.03
 
 
 
 
 
Second quarter 2013 estimated fuel gallons (thousands)
42,605
 
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 second quarter 2013, but is not yet able to estimate the amount. Includes fuel taxes and into-plane fuel cost. Based on the jet fuel curve as of June 6, 2013 and includes fuel hedge gains and losses expected to be realized during the second quarter 2013.

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, 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 U.S. carriers.  Spirit's all-Airbus fleet operates approximately 250 daily flights to over 50 destinations in 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 intentions and expectations regarding the delivery schedule of aircraft on order, guidance and estimates for the second quarter and full year 2013, including expectations regarding capacity, fuel expense, economic fuel cost, expected unrealized mark-to-market gains or losses. All forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company has no intent, nor undertakes any obligation to, publicly update or revise any of these projections, whether as a result of new information, future events or otherwise, except as required by law. 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, 2012.






###

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

Media Contacts:
Misty Pinson
Director, Corporate Communications
mediarelations@spirit.com
954-628-4827




2
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