Spirit of NKS
10-30-2013, 07:14 AM
#6501
Gets Weekends Off
Joined APC: Oct 2011
Posts: 218
Originally Posted by So Wonwee
Do any Spirit pilots use the Bose QC15-Ufly mic combo?
Originally Posted by JoeyMeatballs
The airplane is extremely quiet and headsets come off through 18, I think most guys use the airplanes headsets
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Spirit had $540 million in unrestricted cash and cash equivalents, no restricted cash, no debt on its balance sheet . . .
10-30-2013, 07:26 AM
#6502
Banned
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
A-330 order @ the Dubai Airshow 
As far as the infrastructure growing along with the airline, they did say they were going to grow it, but no real specific details..........
I like to listen to the names of the Investors asking questions......................Lotsa waspy names like Hunter, Charles etc.............Makes me feel like such a blue collar Hillbilly
As far as the infrastructure growing along with the airline, they did say they were going to grow it, but no real specific details..........
I like to listen to the names of the Investors asking questions......................Lotsa waspy names like Hunter, Charles etc.............Makes me feel like such a blue collar Hillbilly
10-30-2013, 07:40 AM
#6503
Gets Weekends Off
Joined APC: Aug 2008
Position: FO4LIFE
Posts: 1,531
Sounds like they need to implement some employee profit sharing. 
10-30-2013, 07:42 AM
#6504
escaped
Joined APC: Aug 2011
Posts: 227
Trying not to miss-quote the speaker.
My understanding is that they plan on expanding MX at every domicile.
The current training overflow is trained at Airbus in MIA.
Future expansion of company owned training facility at FLL, after the runway construction is complete.
We all know about the HQ expansion lease.
According to the Port of Everglades information, they plan on growing to the largest Cruise Ship Port in the world.
Legislation may be passed for international flight stop overs through FLL.
What I like most, is this fact:
We can tap into a market that will only fly on Spirit, because we are the only price they can afford.
While most pax choose NK, many can only fly NK, because of the prices NK offers.
Maintaining exclusivity of that large market is NK's strength in growing.
What's the range on those NEOs?
15% reduction in fuel consumption
4,400 lbs. of additional payload
500 nautical miles more range
My understanding is that they plan on expanding MX at every domicile.
The current training overflow is trained at Airbus in MIA.
Future expansion of company owned training facility at FLL, after the runway construction is complete.
We all know about the HQ expansion lease.
According to the Port of Everglades information, they plan on growing to the largest Cruise Ship Port in the world.
Legislation may be passed for international flight stop overs through FLL.
What I like most, is this fact:
We can tap into a market that will only fly on Spirit, because we are the only price they can afford.
While most pax choose NK, many can only fly NK, because of the prices NK offers.
Maintaining exclusivity of that large market is NK's strength in growing.
What's the range on those NEOs?
15% reduction in fuel consumption
4,400 lbs. of additional payload
500 nautical miles more range
10-30-2013, 07:58 AM
#6505
Gets Weekends Off
Joined APC: Oct 2012
Position: 190 captain and “Pro-pilot”
Posts: 2,918
Originally Posted by JoeyMeatballs
A-330 order @ the Dubai Airshow
As far as the infrastructure growing along with the airline, they did say they were going to grow it, but no real specific details..........
I like to listen to the names of the Investors asking questions......................Lotsa waspy names like Hunter, Charles etc.............Makes me feel like such a blue collar Hillbilly
As far as the infrastructure growing along with the airline, they did say they were going to grow it, but no real specific details..........
I like to listen to the names of the Investors asking questions......................Lotsa waspy names like Hunter, Charles etc.............Makes me feel like such a blue collar Hillbilly
Just think how many people you could shove in a 330...
Good job guys, Spirit is doing very well.
Its going to be fun to watch the battle between Blue and Spirit for FLL.
Maybe there is room for both of us.
10-30-2013, 08:08 AM
#6506
Banned
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
Not sure if I missed something key in the call but the stock is down over 8% as of 12:00Pm
10-30-2013, 08:27 AM
#6507
Banned
Thread Starter
Joined APC: Oct 2008
Posts: 1,857
Great numbers, I shake my head in disbelieve every time, after going thru the growing pains of grounded ACs for chcks, res sys problems, seat programs, weather, training, maintenance, changes of procedures (books), unexpected engine inspections, not enough crews, strike, all in all we turn a crazy profit every time, no to mention the usual guy that will never fly us again.
A330, I was under the impression that mgmt looked a the possibility of them planes and didn't really fit our plans, now I don't think back then we were looking at the growth that we are looking at in the next 3-5 years. I've heard from some people that a 330s only make sense after 70-80 320s, if that makes any sense. But either way it's awesome to be part of this group.
A330, I was under the impression that mgmt looked a the possibility of them planes and didn't really fit our plans, now I don't think back then we were looking at the growth that we are looking at in the next 3-5 years. I've heard from some people that a 330s only make sense after 70-80 320s, if that makes any sense. But either way it's awesome to be part of this group.
10-30-2013, 08:59 AM
#6508
Gets Weekends Off
Joined APC: Jun 2008
Posts: 647
The A330 comes at a hefty price tag. It's in very high demand. So if Spirit do pursue this avenue, either we go for the A350 (which ILFC placed a large order) or we wait for the A330 price tag to drop when the A350 enters the market.
10-30-2013, 09:03 AM
#6509
Gets Weekends Off
Joined APC: Jun 2008
Posts: 647
Originally Posted by Jett i son
Fantastic news Judge Smails
In a recent company presentation,
the company speaker mentioned that after extensive marketing research there were over 40 markets approved for expansion,
including international destinations.
The wild rumor is that larger aircraft were not ruled out.
Ryan Air is looking to become the first Transatlantic LCC.
How many at Hawaiian thought they would be flying A330/A350?
Just saying...
In a recent company presentation,
the company speaker mentioned that after extensive marketing research there were over 40 markets approved for expansion,
including international destinations.
The wild rumor is that larger aircraft were not ruled out.
Ryan Air is looking to become the first Transatlantic LCC.
How many at Hawaiian thought they would be flying A330/A350?
Just saying...
10-30-2013, 09:10 AM
#6510
Banned
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
Reason for 8% drop in stock today I guess
Spirit Shares Plunge, Revenue From Fees Slows In Q3 - Investors.com
Spirit Airlines (SAVE) earnings took flight and topped estimates, but fee revenue from amenities didn't grow as fast as it did a year ago and shares plunged Wednesday.
The budget airline's third-quarter earnings more than doubled to 79 cents per share from 35 cents. Analysts polled by Thomson Reuters were expecting 74 cents per share.
Revenue jumped 33.4% to $456.6 million, topping estimates for $452.57 million. Passenger revenue revenue rose 38% to $279.5 million.
View Enlarged Image
Total revenue per available seat mile, an important metric in the airline industry, rose 8.9% to 12.55 cents as the load factor widened to 89.1%.
The average ticket revenue per passenger flight segment rose 15.3%, reversing a 12% decline a year ago. But the average non-ticket revenue per passenger flight segment rose 5.4% vs. a 11.5% gain in Q3 2012.
Spirit offers extremely low fares but then charges extra for everything from a carry-on bag to printing out a boarding pass at the airport.
The airline charges $25 for a carry-on bag when booking the flight, but the fee goes up to $50 when checking in at the airport. The first checked bag costs $20 and goes up to $45 at the airport.
Fees for what used to be free amenities have become a major source of revenue for airlines. In 2012, the 15 largest carriers collected $3.5 billion in baggage fees, a 3.8% increase from 2011.
Read More At Investor's Business Daily: Spirit Shares Plunge, Revenue From Fees Slows In Q3 - Investors.com
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
Spirit Shares Plunge, Revenue From Fees Slows In Q3 - Investors.com
Spirit Airlines (SAVE) earnings took flight and topped estimates, but fee revenue from amenities didn't grow as fast as it did a year ago and shares plunged Wednesday.
The budget airline's third-quarter earnings more than doubled to 79 cents per share from 35 cents. Analysts polled by Thomson Reuters were expecting 74 cents per share.
Revenue jumped 33.4% to $456.6 million, topping estimates for $452.57 million. Passenger revenue revenue rose 38% to $279.5 million.
View Enlarged Image
Total revenue per available seat mile, an important metric in the airline industry, rose 8.9% to 12.55 cents as the load factor widened to 89.1%.
The average ticket revenue per passenger flight segment rose 15.3%, reversing a 12% decline a year ago. But the average non-ticket revenue per passenger flight segment rose 5.4% vs. a 11.5% gain in Q3 2012.
Spirit offers extremely low fares but then charges extra for everything from a carry-on bag to printing out a boarding pass at the airport.
The airline charges $25 for a carry-on bag when booking the flight, but the fee goes up to $50 when checking in at the airport. The first checked bag costs $20 and goes up to $45 at the airport.
Fees for what used to be free amenities have become a major source of revenue for airlines. In 2012, the 15 largest carriers collected $3.5 billion in baggage fees, a 3.8% increase from 2011.
Read More At Investor's Business Daily: Spirit Shares Plunge, Revenue From Fees Slows In Q3 - Investors.com
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
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