This. Hard to predict what will be junior (except ACY, that likely will be junior fir some time still) by the time you go through; the junior base for newhires seems most affected by where people are upgrading from (so its hard to predict). i.e. I was told FLL and DTW are the most senior and that DFW was very junior when hired. First 2 bases: FLL and DTW. DFW will (hopefully) be the last stop on my newhire base tour, preceded by ORD. Looks like it will be about 6 months for me to get there from DOH, 3-4 months online.

Your mileage WILL vary. Good luck!

 

Q2 results:

MIRAMAR, Fla., July 24, 2013 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) today reported second quarter 2013 financial results.

Adjusted net income for the second quarter 2013 increased 29.6 percent to $45.8 million1 ($0.63 per diluted share) compared to $35.3 million1 ($0.49 per diluted share) for the second quarter 2012. GAAP net income for the second quarter 2013 was $42.1 million ($0.58 per diluted share) compared to $34.6 million ($0.48 per diluted share) in the second quarter 2012.
Spirit achieved an adjusted pre-tax margin of 17.8 percent1 and a GAAP pre-tax margin of 16.4 percent for the second quarter 2013.
Spirit ended the second quarter 2013 with $525 million in unrestricted cash.
Spirit's return on invested capital (before taxes and excluding special items) for the last twelve months ended June 30, 2013 was 28.8 percent. See "Calculation for Return on Invested Capital" table below for more details.
"Our team did a great job delivering strong second quarter results and liberated over three million passengers from high fares. Spirit's average base fare per passenger segment in the second quarter 2013 was $77.51, a decrease of 4.4 percent year over year. Our strategy to allow customers to choose what they value for their travel experience results in our customers paying a total price that is almost always less than what they would pay on other airlines," said Ben Baldanza, Spirit's Chief Executive Officer. "Spirit's low cost, low fare, and high choice strategy is appealing to a growing base of smart value-conscious consumers and we look forward to bringing low fares to more places as we grow."

Revenue Performance

For the second quarter 2013, Spirit's total operating revenue was $407.3 million, an increase of 17.6 percent compared to the second quarter 2012.

Total revenue per available seat mile ("RASM") for the second quarter 2013 was 11.91 cents, a decrease of 2.8 percent compared to the second quarter 2012. The calendar shift of Easter occurring in March this year compared to in April in 2012 negatively impacted second quarter 2013 results.

Passenger flight segment ("PFS") volume for the second quarter 2013 grew 19.1 percent year over year. Average non-ticket revenue per PFS for the second quarter 2013 increased 3.8 percent year over year to $53.43. The growth in non-ticket revenue per PFS was driven primarily by various changes in late 2012 to the pricing structure for optional services.

 

Conference call to discuss these results at 10am Little Rock time.

 

We are not doing to bad, huh?

 

Ben just gave a shout out to all the front line workers for dealing with stresses and doing a great job during the conference call.

 

Great! Now it's time to invest some back in our operation to sustain the growth. Anything about our delays?

Great news, little old Spirit.

 

They reiterated that Spirit is a growth company, then proclaimed "high growth", that improvements to structure were coming.

Some questions on the effects of hurricanes, that one was tap danced around, an analyst asked about buying aircraft instead of leasing, due to the cash hoard and the effect of new mx bases. All very positive responses, for investors.

Also, I caught the tail end due to a phone call, but it sounded like 7 aircraft deliveries next year. That would mean 10 more by the end of 2014 (3 more this year, 7 next).

 

Did they mention the outbid of JB for the FLL gates?....

I'm sure there is more to it, but some are calling it almost as if we lost the gates by management being careless...

 

Not that I heard. I took a phone call during the conference call, so I didn't hear anything regarding gates at FLL.

My guess is, short and long term, the number of gates occupied by Spirit is adequate with the FLL market, taking into account DFW. I gathered from the call that an increased look at the domestic market, especially out west is being looked at.

I think JB has planned an increase presence in FLL, the bidding on new gates is not a surprise, and I have to believe Spirit have considered this.

 

I heard we didnt even put in a bid for the new gates. So of course we got outbid.