The company was founded as Clipper Trucking Company in 1964. The company expanded to have airline service when it opened Charter One in 1992, a Detroit-based charter tour service operator that offered travel package to destinations such as Atlantic City, Las Vegas, and the Bahamas.
In 1992 Charter One brought jet equipment into its fleet and changed its name to Spirit Airlines.
From 1993 to 1998 Spirit expanded to have routes to Florida, Myrtle Beach, South Carolina, Los Angeles, and New York.
In 2007 Spirit rebranded to become a ultra low-cost carrier (ULCC), charging for checked bags and drinks.
Today Spirit trades publicly on the NASDAQ under the symbol SAVE and serves 50 destinations with 40 aircraft. Spirit has 3,619 employees and had $1.65 billion in revenue in 2013.