Spirit Airlines Inc at Raymond James Institutional Investors Conference Transcript

Mar 05, 2019 / 02:15PM GMT
Savanthi Nipunika Syth - Raymond James & Associates, Inc., Research Division - Airlines Analyst

All right. Good morning, everybody. I'm going to start of the intro here. Next up we have Spirit, which has really pioneered the ultra-low-cost carrier module here in the U.S., and really demonstrating a very highly profitable model and addressing price-sensitive travel, with a kind of exceptionally low-cost structure than competitors. More recently Spirit has actually made a lot of operational and network changes. And as a result, not only have they improved their cost structure further, they're actually among the best -- have a -- among the best on-time performance in the U.S. as well. So we see a nice runway for earnings growth and then earnings recovery here. And we're happy to have with us today at the conference, Spirit's CEO, Ted Christie; VP of Network and Planning, John Kirby; as well as Senior IR Analyst, Maria Cuartas. With that, I'll turn it over to Ted.

Edward M. Christie - Spirit Airlines, Inc. - President, CEO & Director

Thank you, Savi. Can you

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