Spirit Airlines, Inc.

Spirit Airlines offers affordable travel to value-conscious customers. Its all-Airbus fleet is one of the youngest and most fuel efficient in the United States. It operates flights between major US cities and popular vacation spots in the Caribbean, and Latin America, serving around 90 destinations in around 15 countries. The airline operates an all-Airbus fleet of about 195 single-aisle aircraft in the A320 family. Spirit Airlines capitalizes on an ancillary service model, charging separately for baggage, advanced seat selection, and other travel-related upgrades. In addition to scheduled service, the company partners with third-party vendors to offer a slate of vacation packages via its website. Domestic markets account for the majority of the company's sales. The company was founded in 1964 as Clippert Trucking Company.

Scheduled Air Transportation; Air Transportation; Transportation and Warehousing

Air Transportation, Scheduled; Transportation by Air; Transportation and Public Utilities

$5360M