Spirit

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Ted Christie's photo - President & CEO of Spirit

President & CEO

Ted Christie

CEO Approval Rating

79/100

Founded:

1980

Status:

PublicIndependent CompanyNASDAQSAVE

SPIRIT TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Southwest Airlines is Spirit's top competitor. Southwest Airlines is a Public company that was founded in Dallas, Texas in 1967. Southwest Airlines operates in the Airlines industry. Southwest Airlines has 48,941 more employees vs. Spirit.

United Airlines has been one of Spirit's top competitors. United Airlines is headquartered in Chicago, Illinois, and was founded in 1926. United Airlines is in the Airlines field. United Airlines generates 1,088% the revenue of Spirit.

Delta Air Lines Inc is perceived as one of Spirit's biggest rivals. Delta Air Lines Inc was founded in 1924 in Atlanta, Georgia. Delta Air Lines Inc competes in the Airlines field. Delta Air Lines Inc generates $16.8B more revenue than Spirit.

Spirit Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.5B

Spirit's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 6.7B. Over the last four quarters, Spirit's revenue has grown by 233%. Specifically, in Q1 2021's revenue was $461.3M; in Q4 2020, it was $498.5M; in Q3 2020, it was $401.9M; in Q2 2020, Spirit's revenue was $138.5M.

Spirit Acquisitions

No recent acquisitions found related to Spirit

Spirit Funding History

Since Spirit was founded in 1980, it has participated in 4 rounds of funding. In total Spirit has raised $961.5M. Spirit's last funding round was on May 2021 for a total of $371.3M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Debt
May 2021
$371.3M
-
Post-IPO Debt
May 2020
$175M
-
Post-IPO Debt
Apr 2017
$228M
IPO
May 2011
$187.2M

Since Spirit was founded in 1980, it has participated in 4 rounds of funding. In total Spirit has raised $961.5M. Spirit's last funding round was on May 2021 for a total of $371.3M

Spirit Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Orbitz enables business travelers to search for, plan and book a range of travel products and services.
$50M
Jun 14, 2001
Series B
Jul 19, 2007

These are all the companies that Spirit has invested in. Spirit's latest investment was Orbitz in Jun 14,. Orbitz enables business travelers to search for, plan and book a range of travel products and services.

Spirit News

Spirit Press Releases

Spirit Videos

Social Media

Spirit Headquarters

2800 Executive Way

Miramar, Florida33025

1-954-447-7920

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Spirit Summary

ABOUT

Overview

Spirit is a Florida-based airline company that provides passenger, freight and cargo transportation services for individuals and businesses. Spirit was founded in 1980. Spirit's headquarters is located in Miramar, Florida, USA 33025. It has raised 961...

CEO

Spirit's President & CEO, Ted Christie, currently has an approval rating of 79%. Spirit's primary competitors are Southwest Airlines, United Airlines & Delta Air Lines Inc.

Website

spirit.com

Frequently Asked Questions about Spirit

  1. When was Spirit founded?

    Spirit was founded in 1980
  2. Who is Spirit's CEO?

    Spirit's CEO is Ted Christie
  3. How much revenue does Spirit generate?

    Spirit generates $1.5B in revenue
  4. How much funding does Spirit have?

    Spirit has historically raised $961.5M in funding
  5. Where is Spirit's headquarters?

    Spirit's headquarters is in Miramar Florida, USA
  1. How many employees does Spirit have?

    Spirit has 7,110 employees
  2. What sector does Spirit operate in?

    Spirit is in Airlines
  3. Who are Spirit's competitors?

    Spirit's top competitors are Southwest Airlines, United Airlines, Delta Air Lines Inc
  4. Who has Spirit invested in?

    Spirit's has invested in companies such as Orbitz