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Last $61.57 USD
Change Today +1.59 / 2.65%
Volume 237.4K
SAVE On Other Exchanges
As of 10:42 AM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

spirit airlines inc (SAVE) Snapshot

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52 Week High
12/8/14 - $85.35
52 Week Low
10/16/14 - $52.75
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Dividend Yield
Current Stock Chart for SPIRIT AIRLINES INC (SAVE)

spirit airlines inc (SAVE) Details

Spirit Airlines, Inc. provides low-fare airline services. As of February 17, 2015, it operated approximately 325 daily flights to 57 destinations in the United States, Caribbean, and Latin America. As of December 31, 2014, the company had a fleet of 65 Airbus single-aisle aircraft comprising 29 A319s, 34 A320s, and 2 A321s. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

4,219 Employees
Last Reported Date: 02/18/15
Founded in 1964

spirit airlines inc (SAVE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $484.1K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $318.6K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $320.0K
Senior Vice President, Acting Vice President ...
Total Annual Compensation: $323.7K
Vice President of Consumer Marketing
Total Annual Compensation: $220.6K
Compensation as of Fiscal Year 2014.

spirit airlines inc (SAVE) Key Developments

Spirit Announces New Service Between SoCal and NorCal

Spirit Airlines announced it will add new nonstop service between Los Angeles International Airport and Oakland International Airport, beginning November 12, 2015. This new service will consist of two daily nonstop flights, with a morning and evening flight each way, allowing travelers to keep time on their side. They'll also be able to keep more money in their pockets with Spirit's ultra-low fares. With this new service, Spirit will operate nonstop flights to 13 destinations from Los Angeles, including Atlanta (starting 8/20/15), Baltimore/Washington, DC (starting 7/9/15), Chicago, Cleveland, Dallas/Fort Worth, Denver, Detroit, Fort Lauderdale, Houston, Kansas City (starting 7/9/15), Las Vegas, Minneapolis-St. Paul, and Oakland/San Francisco Bay area (starting 11/12/15). From Oakland, Spirit will operate nonstop to five destinations, including Chicago, Dallas/Fort Worth, Houston (seasonal), Las Vegas, and Los Angeles (starting 11/12/15).

Spirit Airlines Introduces Three New International Routes from Houston

Spirit Airlines has introduced three new international routes from Houston and four new domestic routes from Atlanta and Chicago. Spirit Airline's International routes include: three times a week service between Houston and Cancun, which will be increased to daily on June 12; two times a week service between Houston and Los Cabos, which will be increased to four times a week on June 11; and two times a week service between Houston and Toluca/Mexico City, which will be increased to three times a week on June 11. Spirit Airline's Domestic routes include: daily services between Atlanta and Cleveland; between Atlanta and Las Vegas; between Atlanta and Orlando; and between Chicago and Latrobe/Pittsburgh. Spirit Airlines operates an average of 360 daily flights to 57 destinations and continues to grow. This summer brings more international flights from Houston as new nonstop service to and from Managua, Nicaragua; San Jose, Costa Rica; San Pedro Sula, Honduras; and San Salvador, El Salvador begin on May 28. At Atlanta's Hartsfield-Jackson International Airport, Spirit will also expand its nonstop service to the following new cities: Baltimore/Washington, D.C., Philadelphia, and Tampa (beginning June 18); Los Angeles (beginning August 20); and Boston and Fort Myers (beginning September 10).

Spirit Airlines Begins Service to Latin American Destinations

Spirit Airlines joined the Houston Airport System's growing list of international airline partners with the launch of its first of several new flights to Latin America from George Bush Intercontinental Airport (IAH). Spirit passengers bound for Cancun, Mexico were treated to complimentary lunch and cake celebrating the beginning of a new chapter for the low-cost carrier. The company will add six additional Latin American destinations in the coming days, with non-stop service to Los Cabos, Mexico; Toluca, Mexico; Managua, Nicaragua; San Jose, Costa Rica; San Pedro Sula, Honduras; and San Salvador, El Salvador available. The debut is part of the steady growth by Spirit, which announced last year the addition of 10 new non-stop destinations out of IAH, bringing its total of routes served to 22. This includes expanded domestic service to Tampa and Baltimore/Washington, which began in March, and nonstop service to Oakland/San Francisco, which began in April. The expansion nearly doubled the nonstop service offered by Spirit from Bush Intercontinental, adding to a roster that already includes flights to Chicago-O'Hare, Denver, Detroit, Fort Lauderdale, Kansas City, Las Vegas, Los Angeles, Minneapolis/St. Paul, New Orleans, Orlando, and San Diego. The new routes will make Spirit one of the busiest carriers operating out of IAH.


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Price/Sales 2.3x
Price/Book 4.3x
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