Published on : Wednesday, January 11, 2017
Traffic (revenue passenger miles) in December 2016 increased 12.5 percent versus December 2015 on a capacity (available seat miles) increase of 16.6 percent. Load factor for December 2016 was 80.3 percent, a decrease of 3.0 percentage points compared to December 2015. The Company attributes the decline in load factor year over year as primarily related to fewer peak leisure travel days in December 2016 vs. December 2015, driven by the Christmas holiday shift. In addition, the Company had 14 routes in their initial spool period (service launched within the last three months) in December 2016 compared to only 2 in December 2015 that, as anticipated, contributed to the decline in load factor year over year.
Source:- Spirit Airlines
Tags: Spirit Airlines