Spirit Airlines Inc

NYSE:SAVE   3:59:59 PM EDT
33.48
-0.95 (-2.76%)
Other Pre-Announcement

Spirit Airlines Inc Says Non-Ticket Revenue Per Passenger Flight Segment For Q4 Is Expected To Only Be Down Modestly Compared To Q4 Last Year

Published: 12/03/2020 13:55 GMT
Spirit Airlines Inc (SAVE) - Spirit Airlines Inc - Non-ticket Revenue per Passenger Flight Segment for Q4 2020 is Expected to Only Be Down Modestly Compared to Q4 Last Year.
Spirit Airlines Inc - Load Factor for Q4 2020 is Expected to Average About 70 Percent.
Spirit Airlines Inc - Continues to Expect Average Daily Cash Burn for Q4 2020 to Be Approximately $2 Million.
Spirit Airlines Inc - Fuel Cost in Q4 is Currently Expected to Average $1.31 per Gallon Versus Initial Estimate of $1.23.
Spirit Airlines Inc - Q4 2020 EBITDA Margin is Now Expected to Range Between Negative 15 Percent to Negative 20 Percent.
Spirit Airlines Inc - Continues to Expect Recovery to Be Choppy and Difficult to Accurately Predict.
Spirit Airlines Inc - Estimated Range for Its Q4 2020 Total Operating Expenses, Excluding Special Items, is Now $660 to $670 Million.
Spirit Airlines - Continues to See Significant Pressure on Ticket Revenue per Passenger Flight Segment, But Non-ticket Trends Remain Relatively Strong.