Spirit Airlines reported fourth quarter and full year 2016 financial results. GAAP net income for the fourth quarter 2016 was US$48.5m or US$53.9m, excluding special items. GAAP net income for the full year 2016 was US$264.9m, or US$291.0m, excluding special items. For the fourth quarter 2016, Spirit’s total operating revenue was US$578.4m, an increase of 11.3% compared to the fourth quarter 2015, driven by a 12.9% increase in flight volume. Spirit ended 2016 with unrestricted cash, cash equivalents, and short-term investments of US$801.1m.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada