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Spirit Airlines' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Spirit Airlines, Inc. (SAVE)

Q2 2012 Earnings Call

July 24, 2012 1:00 pm ET

Executives

DeAnne Gabel – Director, Investor Relations

Ben Baldanza – President and Chief Executive Officer

Ted Christie – Chief Financial Officer

Barry Biffle – Chief Marketing Officer

Thomas Canfield – General Counsel

Analysts

Michael Linenberg – Deutsche Bank Securities

Jim Parker – Raymond James

Duane Pfennigwerth – Evercore Partners Inc.

Ray Neidl – Maxim Group Securities

Hunter Keay – Wolfe Trahan & Co.

John Godyn – Morgan Stanley & Co. LLC

Bob Mcadoo – Imperial Capital, LLC

David Fintzen – Barclays Capital

Glenn Engel – Bank of America/Merrill Lynch

Stephen O’Hara – Sidoti & Company

Stephen Trent – Citigroup

Helane Becker – Dahlman Rose & Co.

Presentation

Operator

Welcome to the Spirit Airlines Second Quarter 2012 Earnings Conference Call. My name is Sandra, and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.

I will now turn the call over to Ms. DeAnne Gabel. Ms. Gabel, you may begin.

DeAnne Gabel

Thank you, Sandra, and thanks to all of you for joining us this afternoon, and welcome to Spirit Airlines second quarter 2012 earnings conference call. Presenting today will be Ben Baldanza, Spirit's President and Chief Executive Officer; and Ted Christie, our Chief Financial Officer. Also joining us are Chief Marketing Officer, Barry Biffle; Chief Operating Officer, Tony Lefebvre; General Counsel, Thomas Canfield; and Senior VP of Human Resources, Jim Lynde.

Ben and Ted will discuss our second quarter results and current business trends. We will then open the call for questions.

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