Spirit Airlines Delivers Record Summer 2022 Operational Performance

Rhea-AI Summary

Spirit Airlines reported exceptional operational performance from June 5 to August 5, 2022, achieving a record completion factor of 99.2% in July, ranking third among U.S. carriers. The airline operated over 44,000 flights during this period, with 77.5% arriving on time. Spirit also launched new routes to Albuquerque and Boise, with Reno flights starting August 10. Additionally, it was recognized by Forbes for diversity and won several awards, including for innovation in its self-bag drop system.

Positive

• Achieved a record completion factor of 99.2% in July, ranking third in the U.S.
• Operated over 44,000 domestic and international flights, indicating strong operational capacity.
• 77.5% of flights arrived within 14 minutes of schedule, ranking fourth in the U.S.
• Launch of new stations in Albuquerque and Boise, expanding route offerings.

Negative

• None.

MIRAMAR, Fla., Aug. 17, 2022 /PRNewswire/ -- Spirit Airlines today announced its operational performance ranked among the industry best in the two-month period following when Spirit's peak summer schedule went into effect on June 5. The carrier also set a company record for its highest-ever completion factor performance for the month of July.

"These great results are among the best in the industry and are due to the relentless dedication of our Spirit Family. Our team rose to the occasion to serve record numbers of summer travelers and work through industry challenges to deliver a high value experience for our Guests," said John Bendoraitis, Spirit Airlines Executive Vice President and Chief Operating Officer.

Summary of Spirit's operational performance from June 5 – August 5:

• Operated more than 44,000 domestic and international flights
• Delivered a completion factor of 99.2% that ranked No. 3 in the U.S. industry; outperformed all major legacy airlines; included 25 days of 100 percent completion factor; and set a new company record for the month of July
• 77.5% of flights arrived within 14 minutes of scheduled arrival time, which is the standard "A14" industry metric, and ranked No. 4 in the U.S.
• Launched new Albuquerque (ABQ) and Boise (BOI) stations during this period, and Reno (RNO) flights started August 10

Results are based on Spirit's data compared to major and regional U.S. airlines. Official monthly performance results are published in the Department of Transportation's Air Travel Consumer Reports. Spirit's company record for July completion factor omitted July 2020, which was a reduced schedule due to the industry-wide drawdown during that period.

Additional Recognition

Spirit was recognized by Forbes as one of America's Best Employers for Diversity 2022 for its active efforts to create and celebrate a diverse workplace environment. The carrier also won "Best Airport Innovation" in the 2021 APEX/IFSA Awards for its groundbreaking self-bag drop system with biometric photo matching, which speeds up the check-in process and reduces face-to-face contact. Spirit also recently received the FAA's "Aviation Maintenance Technician Diamond Award of Excellence" for the fourth consecutive year.

About Spirit Airlines: 

Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call À La Smarte®. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving those communities. Come save with us at spirit.com.

 

 

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SOURCE Spirit Airlines, Inc.

FAQ

What were Spirit Airlines' operational performance results from June to August 2022?

Spirit Airlines operated over 44,000 flights with a completion factor of 99.2%, ranking third among U.S. airlines.

What is the completion factor of Spirit Airlines in July 2022?

Spirit Airlines achieved a completion factor of 99.2% in July 2022, setting a company record.

When did Spirit Airlines launch new routes in 2022?

Spirit Airlines launched new routes to Albuquerque and Boise during the operational performance period, with Reno flights starting August 10, 2022.

What recognition did Spirit Airlines receive for diversity?

Spirit Airlines was recognized by Forbes as one of America's Best Employers for Diversity 2022.

What awards did Spirit Airlines win for innovation?

Spirit Airlines won the 'Best Airport Innovation' award at the 2021 APEX/IFSA Awards for its self-bag drop system.