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 spikes as shares sell off Spirit Airlines October call option implied volatility is at 66, September, November is at 68, December is at 59; compared to its 26-week average of 35 according to Track Data, suggesting large price movement.