Spirit Airlines reported fourth quarter and full year 2015 financial results. Adjusted net income for the fourth quarter 2015 increased 24.9% to US$73.3m compared to the fourth quarter 20141. GAAP net income for the fourth quarter 2015 increased 33.1% year over year to US$74.4m compared to the fourth quarter 2014. Adjusted net income for the full year 2015 increased 33.6% to US$316.2m compared to the full year 20141. GAAP net income for the full year 2015 increased 40.7% year over year to US$317.2m. On a GAAP basis, pre-tax margin for the fourth quarter 2015 increased 390 basis points to 22.7% and for the full year 2015 increased 520 basis points to 23.5%. Spirit ended 2015 with unrestricted cash and cash equivalents of US$803.6m.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
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Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada