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Spirit increased capacity 24.7% year over year in the first half of 2016, compared to a 16.2% increase in Q3. Slower growth is helping Spirit to fill a higher percentage of seats on its planes. Additionally, new markets tend to have lower fares at first. A lower growth rate reduces the dilutive effect of new routes on unit revenue. Spirit's Florida bet will lift unit revenue This fall, Spirit Airlines is taking a page out of the playbooks of JetBlue Airways (NASDAQ: JBLU) and Southwest Airlines (NYSE: LUV) by ramping up service in Florida . Warm-weather leisure markets like Florida are counter-seasonal relative to the bulk of U.S. airline routes, with southwest chicago relatively strong demand during the winter. Just as importantly, the Florida leisure travel market isn't strategically vital to any of the legacy carriers. That's why JetBlue and Southwest have been able to take such a big share of that traffic. In recent years, Spirit has faced vicious competitive responses from legacy carriers when growing in their hub markets.
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Since the battle for Mosul began earlier in the week, peshmerga forces have been persistent in recapturing their targeted towns, closing in toward the center of the city. They have managed to take control of more than a dozen villages in just a few days. But on Thursday, forces faced hundreds of improvised explosive devices (IEDs) planted by ISIS, as well as artillery and suicide bombers from the armed group. The director of the Peshmerga Health Foundation said more than two dozen peshmerga soldiers were killed and more than 100 were injured in Nawaran operations alone that day, with battles northeast of Mosul still ongoing. An encampment near the frontlines at Nawaran offered a glimpse into the fighting, with peshmerga soldiers coming and going from the battle lines in the northeast. Those who had not yet deployed said they were itching to take on the enemy first hand. At the last security checkpoint just before the encampment, I met Achmed, a 20-year-old peshmerga soldier who has been serving for a year and was anxious to join the fight. He smiled, pulled out his cigarettes and lit one up. Like many peshmerga, he expressed his excitement to meet Americans. My fiancee is in Mosul. They [peshmerga] wont let me have a gun. Achmed didnt say why he wasnt allowed to have a weapon, but he said he had been out in the fight before.
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