Spirit Airlines expects to reach full utilisation of fleet by mid 2022

    Spirit Airlines reported (05-Oct-2021) the following highlights as part of its Oct-2021 Investor Presentation:

    • Improvement in Non-Ticket production has been driven by dynamic pricing of ancillary offerings, enhanced product offerings and improved merchandising abilities;
    • Non ticket revenue remains robust;
    • Fuel per ASM trajectory is improving;
    • Continued improvement in fuel efficiency should help mitigate inflationary CASM ex fuel pressures;
    • Ramping the operation for recovery and expects to reach full utilisation of its fleet by mid 2022;
    • Ancillary revenue per passenger segment remains robust. [more – original PR]
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