Appoints Brian McMenamy as Interim Chief Financial Officer Current CFO Scott Haralson to Join Larger Publicly Traded Company Outside of Airline Industry as CFO DANIA BEACH, Fla., June 3, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced that Brian McMenamy, Vice President and Controller, has been named as Interim Chief Financial Officer, effective June 14, 2024. McMenamy succeeds Scott Haralson, Executive Vice President and Chief Financial Officer, who is departing to become CFO of a larger, ...

DANIA BEACH, Fla., May 24, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced the opening of a new crew base for Pilots at Newark Liberty International Airport (EWR) in September 2024, furthering the airline's investments to enhance operational reliability. Spirit expects to locate approximately 200 Pilots in Newark initially, with additional supervisors and support functions to follow. Crew bases are the various airport stations where flight crews typically begin and end their trips. Newark ...

Active-duty U.S. military service members, their spouses and children are entitled to two free checked bags and one free carry-on bag when traveling with the service member DANIA BEACH, Fla., May 24, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is saluting our U.S. military service members and their families with the special thanks they deserve. Today, the airline announced it is extending the existing benefits for active-duty U.S. military service members to their spouses and all their children when t ...

Spirit launched service at SJC in June 2023 and currently offers nonstop flights to Dallas-Fort Worth (DFW), Las Vegas (LAS) and San Diego (SAN). Spirit's Elevated Guest Experience Proposed service would introduce low-fare competition and create the only nonstop service between Silicon Valley and Washington, D.C. DANIA BEACH, Fla., May 23, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE), in partnership with San José Mineta International Airport (SJC), today announced it will apply to the U.S. Department o ...

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Spirit Airlines and its executives, following disappointing financial results for Q1 2024 [1][2]. Financial Performance - Spirit Airlines reported a 6.2% year-over-year decline in operating revenues, resulting in a loss of $1.46 per share for Q1 2024 [2]. - The company experienced a 16.3% drop in fare revenue per segment and a 1.4% decrease in non-ticket revenue [2]. - Load factor saw a slight decline of 0.1%, indicating challenges in maintaining passenger capacity [2]. Market Reaction - Following the announcement of the financial results, Spirit's stock price fell by $0.36 per share, or 9.7%, closing at $3.35 per share on May 6, 2024 [2]. Competitive Environment - Spirit's CEO, Ted Christie, highlighted that the competitive environment remains challenging due to elevated capacity in many of the markets served by the airline [2].

The discount airliner can't seem to generate positive free cash flow. It has been a rough 2024 for Spirit Airlines (SAVE 2.28%). Well, a rough last 10 years, if we're being honest. The discount airliner's proposed merger with Jet Blue was blocked by the U.S. government and it just reported another weak quarter of negative cash flow. It has struggled to generate profits for years and has a looming debt load that has major investors concerned. Today, shares trade at a cheap looking $3.75, off over 95% from al ...

Spirit Airlines, Inc. (NYSE:SAVE) Q1 2024 Earnings Conference Call May 6, 2024 10:00 AM ET Company Participants DeAnne Gabel - Senior Director, Investor Relations Ted Christie - Chief Executive Officer Matt Klein - Chief Commercial Officer Scott Haralson - Chief Financial Officer Conference Call Participants Brandon Oglenski - Barclays Scott Group - Wolfe Research Duane Pfennigwerth - Evercore Partners Savi Syth - Raymond James Jamie Baker - JPMorgan Andrew Didora - Bank of America Conor Cunningham - Melius ...

EXHIBIT 99.1 Spirit Airlines Reports First Quarter 2024 Results Strategic and tactical changes benefiting unit revenue Expect cost saving initiatives to benefit 2024 by over $75 million; annualized run-rate savings estimated at over $100 million DANIA BEACH, Fla., May 6, 2024 - Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today reported first quarter 2024 financial results. First Quarter 2024 Financial Results Quarterly results were in line with expectations despite a 230 basis point headw ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ Form 10-Q _______________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR For the transition period from to Commission ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-35186 Spirit Airlines, Inc. (Exact name of registrant as specified in its charter) Delaware 38-1747023 (State or other jurisdiction of i ...