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Spirit Orders 75 A320 Neos, Classics @ Dubai Air Show

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johnsonrod

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Not sure how many of these will be replacement aircraft for retiring airplanes... Still, good news and hopefully will lead to more hiring.


Airbus Wins Spirit Agreement to Add 75 A320 Neos, Classics

By Andrea Rothman - Nov 15, 2011 7:12 AM ET


Airbus SAS won a commitment from Florida-based budget carrier Spirit Airlines Inc. for 75 A320- series single-aisle jets worth $6.7 billion at list prices.

The aircraft -- comprising 45 re-engined A320neos and 30 of the existing model -- will be used on Spirit’s growth markets in the U.S., Caribbean and Latin America, Chief Executive Officer Ben Baldanza said at a press conference at the Dubai Air Show.

Spirit, part-owned by Indigo Partners LLC and Oaktree Capital Management, plans to firm up the order before the year’s end, with the jets delivered from 2017 to 2021, Baldanza said, adding that the growth plans won’t be deflected by a slowing economy.

“Spirit is a very-low-fare airline, and in tough economic times a larger percentage of people look for value, so we do pretty well,” the CEO said. “We feel good about Spirit’s growth and having a cost advantage over our competition and being able to offer low fares keeps travel moving in tough economic times.”

To contact the reporter on this story: Andrea Rothman in Paris at [email protected]
 
I wonder where this growth will go? More Latin and South America or Will they take a run at the Legacy Carriers.

Ill bet they make a run at the legacy carriers. Maybe ORD or use LAS to hit the west coast. No doubt they will also be trying to get some DCA/LGA slots in the slot auction that ends on Thanksgiving.
 
The first delivery won't be until 2017... They have some time to figure it out. god knows what will be of this industry in 5yrs.
 
According to management, these are planned as growth airplanes after the existing 33 aircraft order is completed.
 

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