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spirit Total Operating Revenues Pre - tax Income ( Loss ) Net Income ( Loss ) Diluted Earnings ( Loss ) Per Share ® Investor Relations Contact : Investor Relations Investorrelations@spirit.com ( 954 ) 447-7920 Spirit Airlines Reports Second Quarter 2021 Results MIRAMAR , Fla . , July 28 , 2021 - Spirit Airlines , Inc. ( NYSE : SAVE ) today reported second quarter 2021 financial results . Adjusted EBITDA Adjusted EBITDA Margin Adjusted Pre - tax Income ( Loss ) Ended the second quarter 2021 with $ 2.2 billion of unrestricted cash , cash equivalents , short - term investment securities and liquidity available under the Company's revolving credit facility Adjusted Net Income ( Loss ) Adjusted Net Income ( Loss ) Per Share , Diluted Second Quarter 2021 $ 859.3 million $ ( 273.3 ) million $ ( 287.9 ) million $ ( 2.73 ) Second Quarter 2021 Media Contact : Spirit Media Relations media relations@spirit.com ( 954 ) 364-0231 $ 62.1 million 7.2 % $ ( 44.7 ) million $ ( 36.3 ) million $ ( 0.34 ) As Reported Second Quarter 2020 1 $ 138.5 million $ ( 212.5 ) million $ ( 144.4 ) million $ ( 1.81 ) EXHIBIT 99.1 Adjusted¹ Second Quarter 2020 $ ( 273.2 ) million ( 197.2 ) % $ ( 364.4 ) million $ ( 285.8 ) million $ ( 3.59 ) Second Quarter 2019 $ 1,013.0 million $ 148.6 Million $ 114.5 million $ 1.67 Second Quarter 2019 $ 220.4 million 21.8 % $ 150.1 million $ 115.7 million $ 1.69 " I thank our Team Members for their outstanding efforts as we work toward bringing our level of operations up to full utilization . In June 2021 , we recorded our first month with adjusted net earnings since the onset of the COVID - 19 pandemic . Due to our strategic execution and improving demand backdrop , our second quarter 2021 financial results were among the best in the industry , " said Ted Christie , Spirit's President and Chief Executive Officer . " We remain very well - positioned to stimulate markets and capture the significant market opportunities in the domestic U.S. and near - field international marketplace . " COVID - 19 Since its initial onset in early 2020 , the impact of the COVID - 19 pandemic has evolved and continues to be fluid . Therefore , the Company's financial and operational outlook remains subject to change . The Company continues to monitor the impact of the pandemic on its operations and financial condition , and to adjust its mitigation and operational strategies accordingly . Spirit has implemented measures for the safety of its Guests and Team Members as well as to mitigate the impact of COVID - 19 on its financial position and operations . Please see the Company's Quarterly Report on Form 10 - Q for the period ending June 30 , 2021 for additional disclosures regarding these measures .