Environmental
We care about the impact of our airlines operations on the environment, and we seek to pursue commercially viable options to improve the
long-term sustainability of our business. We believe it is our responsibility and best interest to manage our environmental impact. In early 2020, the Company adopted an Environmental Policy to ensure clear objectives and goals, and to cultivate an
environmental awareness among its team members and business partners. A copy of the policy can be found at http://ir.spirit.com.
With one of the youngest fleets of any U.S. airline, including newer aircraft that provide substantially higher fuel efficiency and reduced carbon
emissions, our unique model minimizes environmental impact. We were the first North American carrier to operate the new engine option (neo) version of the Airbus A320 aircraft, powered by the most fuel-efficient engine ever
made for this aircraft class. This revolutionary technology advance reduces the acoustic footprint by up to 50% and consumes 15-20% less fuel, reducing greenhouse gas emissions. Moreover, in December 2019, we entered into a new fleet purchase
agreement with Airbus, providing for the delivery of 100 A320neo family aircraft. Our high-density seat configuration results in a smaller carbon footprint per passenger and increased fuel efficiency. Our new fuel policy, adopted in 2019, aims to
reduce any excess planned fuel to save weight and fuel burn on our flights. Based on the above, we take great pride in our industry-leading position as a carrier with one of the lowest carbon footprint per passenger.
Spirit is participating in the Carbon Offsetting Reduction Scheme for
International Aviation (CORSIA), an emission mitigation approach for the global airline industry, developed by the International Civil Aviation Organization, or ICAO, in an effort to offset growth in aviation emissions. The scheme will
beimplemented over the course of several years, with initial |
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monitoring and reporting obligations on international flights starting in 2019, and with a
voluntary pilot phase commencing in 2021. Also, for the last three
consecutive years, the Seattle-Tacoma International Airport has awarded Spirit its prestigious Fly Quiet Award. The award recognizes noise levels consistently lower than other airlines, a higher rate of success in flying strict local
noise abatement procedures and our operation of low-noise next-generation aircraft.
Social
We work to strengthen and improve the communities we employ and serve. We encourage and engage our employees to help assist people and communities in
need, promote equality and basic rights, and support efforts to attract a more diverse pipeline of talent to join the aviation/aerospace industry. Moreover, we are an official airline partner of the Department of Homeland Security and DOT Blue
Campaign, which provides transportation companies with resources and awareness training materials to identify and prevent human trafficking. We also have an ongoing partnership with the International Aviation Womens Association, or IAWA, an
international organization for women who hold positions of impact in the aviation and aerospace industries. As a responsible corporate citizen, we view diversity and inclusion as an integral part of our culture. We view our team members as key
assets to deliver long-term value to our shareholders, and consistently support their professional development.
Since its inception in 2017, The Spirit Airlines Charitable Foundations main goal has been to provide assistance to individuals and groups
facing financial and other hardships and to fund social projects, with a focus on children & families, service members, and the environment. To date, the Foundation has supported, via volunteerism or monetary and in-kind donations, to over 2,000
charities and foundations, and raising over $2,000,000. |