Spirit Airlines plans to continue growing aggressively over the next several years after posting net income of $176.9 million in 2013, up 63.1% over a 2012 net profit of $108.5 million. The Fort Lauderdale, Fla.-based “ultra” low-cost carrier (LCC) increased capacity 22.2% year-over-year in 2013 to 13.86 billion ASMs and plans to boost annual ASMs by 17% in 2014 and another 29% in 2015. The carrier took delivery of four Airbus A320s in the 2013 fourth quarter, ending the year ...

Subscribe to Access this Entire Article

"Spirit Airlines 2013 net profit up 63%" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.