Most of the losses of the year are tied to the fact that we're still flying old airplanes and we're spending a lot of money to buy the new airplanes.

With 25 percent of our destinations having started within the past 3 months, and 15 percent in February alone, I'm more than pleased with our results.

Eventually, a second runway at the airport needs to be developed. But we don't have a runway constraint at present. We don't have an airspace constraint. We simply need more international gates.

We are delighted to add Scott to the Spirit family. State of the art technology is key to our current and future success. I'm confident that an information technology professional of Scott's stature will take Spirit to its next level.

The airport has only six international gates, and at this point it is difficult for us to add any new destinations at the same departure times as our existing flights.

Our January results met expectations. As we complete our transition from MD-80s to all-new Airbus aircraft, we are limiting some of our flying and managing our schedule to fly less than last year.