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Spirit Airlines - ✔✔Company Info./ Study Guide
Company founded in. - ✔✔1964 as Clippert Trucking
Who founded Spirit Air? - ✔✔Ned Homfeld
Past company names in sequence - ✔✔Clippert Trucking
Ground Air Transfer (1974)
Charter One (1983)
Spirit Airlines (1992)
Relocated headquarters to Miramar FL - ✔✔December 1999
Implemented fully intergrated Spanish customer service plan and reservation
line - ✔✔November 2001
2006 Indigo acquired majority stake which then implemented it's ULCC bus
model. - ✔✔Motto: "Less money more go"
Aircraft Fleet - ✔✔A319, 145 pax
A320, 174 pax
A321, 218 pax
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COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT.ALL RIGHTS RESERVED
, Corporate Philosophy - ✔✔Caliente Red- low fares
Environmental green- on time/reliable.
Sunshine Yellow- clean new airplanes.
Ocean Blue- friendly Staff
Corporate Philosophy - ✔✔ULCC approach liberates customers from being
forced into paying for unwanted services.
Spirit Growth - ✔✔2013 reported 25% increase in pax miles traveled. Expected
to grow 15-20%/ year for 8 years.
Spirit Profit Margin - ✔✔8.5%. Other airlines do half that per financial reports.
Spirits Target Market - ✔✔Leisure travelers who save all year for a family
vacation.
Ticker symbol - ✔✔SAVE
Charter One first aircraft - ✔✔2, Convair 340's. N117GT
Key people - ✔✔Ben Baldanza: pres & CEO
Ted Christie: Sr. VP & CFO
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COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT.ALL RIGHTS RESERVED