As Capacity Increases, Spirit’s Load Factor Falls, Worrying Analysts

Spirit Airlines on Wednesday reported a lower-than-expected September load factor, concerning investors who question the carrier’s massive growth plans for 2015 and 2016.

Spirit reported a load factor of 81.5% last month, 3.2 points lower than in September 2013. Spirit is flying far more than it did a year ago, with available seat-miles (ASMs) rising 18% between September 2013 and September 2014. 

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Author: David Pflieger

David Pflieger is working as the CEO of Island Air, located in Hawaii. David received his pilot training in the United States Air Force, and has since held multiple positions with different airlines, for over 20 years!

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