Spirit Airlines 2012 Annual Report Download - page 36

Download and view the complete annual report

Please find page 36 of the 2012 Spirit Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 102

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102

OPERATING STATISTICS
35
Year Ended December 31,
2012
2011
2010
2009
2008
Operating Statistics (unaudited) (A)
Average aircraft
41.2
34.8
30.5
28.0
32.8
Aircraft at end of period
45
37
32
28
28
Airports served in the period
52
48
39
43
45
Average daily Aircraft utilization (hours)
12.8
12.7
12.8
13.0
12.6
Average stage length (miles)
909
921
941
931
925
Block hours
192,403
161,898
141,864
133,227
150,827
Passenger flight segments (thousands)
10,423
8,518
6,952
6,325
6,976
Revenue passenger miles (RPMs) (thousands)
9,663,721
8,006,748
6,664,395
6,039,064
6,599,809
Available seat miles (ASMs) (thousands)
11,344,731
9,352,553
8,119,923
7,485,141
8,262,230
Load factor (%)
85.2
85.6
82.1
80.7
79.9
Average ticket revenue per passenger flight segment ($)
75.11
80.97
77.39
84.77
94.24
Average non-ticket revenue per passenger flight segment ($)
51.39
44.79
35.00
25.91
18.61
Total revenue per passenger segment ($)
126.50
125.76
112.39
110.68
112.85
Average yield (cents)
13.64
13.38
11.72
11.59
11.93
RASM (cents)
11.62
11.45
9.62
9.35
9.53
CASM (cents)
10.09
9.91
8.77
7.86
9.31
Adjusted CASM (cents) (B)
10.15
9.84
8.79
7.89
8.97
Adjusted CASM ex fuel (cents) (B)
6.00
5.72
5.71
5.45
5.47
Fuel gallons consumed (thousands)
142,991
121,030
106,628
98,422
109,562
Average economic fuel cost per gallon ($)
3.30
3.18
2.35
1.85
2.64
(A) See “Glossary of Airline Terms”
elsewhere in this annual report for definitions of terms used in this table.
(B) Excludes special charges (credits) of $17.9 million (0.22 cents per ASM) in 2008, $(0.4) million (less than (0.01) cents per ASM) in 2009, $0.6 million (less than 0.01 cents per ASM) in 2010, $3.2 million
(0.03 cents per ASM) in 2011, and $(8.5) million ( (0.07) cent s per ASM) in 2012. These amounts are excluded from all calculations of Adjusted CASM provided in this prospectus. Please see
“Management’s Discussion and Analysis of Financial Condition and Results of Operations—Our Operating Expenses—Special Charges (Credits).” Also excludes unrealized mark-to-market, or MTM,
(gains) and losses of $9.9 million (0.12 cents per ASM) in 2008, $(1.4) million ((0.02) cents per ASM) in 2009, $(2.1) million ((0.03) cents per ASM) in 2010, $3.2 million (0.03 cents per ASM) in 2011,
and $0.0 million ( less than (0.01) cents per ASM) in 2012. Please see “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Critical Accounting Policies and
Estimates.”