Spirit Airlines reports preliminary September traffic Spirit Airlines reported its preliminary traffic results for September. Revenue passenger miles in September increased 29.7% versus September 2011 on an available seat miles increase of 30.2%. Load factor for September was 82.2%, a decrease of 0.3 points as compared to September 2011. Spirit's preliminary completion factor for September was 99.6%.
Spirit Airlines volatility flat on wide price movement Spirit Airlines June call option implied volatility is at 31, July is at 32 compared to its 90-day average of 33, suggesting non-directional price movement on concerns of worsening competitive backdrop and lean competitors vowing to compete aggressively.