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Spirit Airlines (FRA:S64) Total Revenue per Available Seat Mile (Cents) : 0.00 (As of . 20)


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What is Spirit Airlines Total Revenue per Available Seat Mile (Cents)?

Total Revenue per Available Seat Mile (Cents) is a unit of measurement commonly used to compare the efficiency of various airlines. It is obtained by dividing total revenue by available seat miles (ASM). Generally, the higher the value, the more profitable the airline.

The historical rank and industry rank for Spirit Airlines's Total Revenue per Available Seat Mile (Cents) or its related term are showing as below:

FRA:S64's Total Revenue per Available Seat Mile (Cents) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Total Revenue per Available Seat Mile (Cents) only.

Spirit Airlines Total Revenue per Available Seat Mile (Cents) Historical Data

The historical data trend for Spirit Airlines's Total Revenue per Available Seat Mile (Cents) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spirit Airlines Total Revenue per Available Seat Mile (Cents) Chart


Spirit Airlines  (FRA:S64) Total Revenue per Available Seat Mile (Cents) Calculation

Total Revenue per Available Seat Mile (Cents) is calculated as

Total Revenue per Available Seat Mile (Cents)=Total Revenues / Available Seat Miles

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spirit Airlines  (FRA:S64) Total Revenue per Available Seat Mile (Cents) Explanation

Total Revenue per Available Seat Mile (Cents) is a term airlines use to describe and evaluate their financial performance. Generally, the higher the value, the more profitable the airline is. Compared with passenger revenue per available seat mile, it is more encompassing because it factors in all operating revenue, in terms of capacity, rather than just passenger revenue.

Total Revenue per Available Seat Mile (Cents) includes a myriad of revenue sources including fees or charges for baggage, seat selection, food and drink, and Wi-Fi, which make it a favorite standard unit of measurement by most airlines and investment analysts.

This metric is often compared with Cost per Available Seat Mile (Cents), another common metric to measure efficiency and performance. The difference is that one focuses on revenue earned, while the other one focuses on expenses. Moreover,Total Revenue per Available Seat Mile (Cents) can be an especially important metric for low-cost airlines.

Spirit Airlines Total Revenue per Available Seat Mile (Cents) Related Terms

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Spirit Airlines (FRA:S64) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Spirit Airlines Inc (FRA:S64) » Definitions » Total Revenue per Available Seat Mile (Cents)
Comparable Companies
JBLU ATSG ALGT SKYW ULCC SNCY HA SRFM HRBR MESA DAL DUB:RYA SHSE:601111 SHSE:600029 LUV SGX:C6L SHSE:600115 NSE:INDIGO UAL IST:THYAO
Traded in Other Exchanges
SAVE:USA SAVE:Mexico
Address
2800 Executive Way, Miramar, FL, USA, 33025
Website
https://www.spirit.com
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.

Spirit Airlines (FRA:S64) Headlines

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