Spirit Airlines generates more than 50% of passenger revenue from non-ticket items

    Spirit Airlines president and CEO Ted Christie reported (24-Apr-2019) the carrier’s 1Q2019 results continued to benefit from its ticket and non-ticket revenue initiatives. Total revenue on a per passenger flight segment basis increased 1.6% year-on-year to USD109.44 with fare revenue per passenger flight segment also up 1.6% to USD53.24 and non-ticket revenue per passenger flight segment increasing 1.6% to USD56.20. The improvement in non-ticket revenue per passenger segment year over year was largely driven by dynamic pricing initiatives and improved take rates of bundled service offerings. Total operating revenue per available seat mile increased 4.1%. [more – original PR]