N830MH
Jul 29, 12, 11:55 pm
http://ir.allegiantair.com/releasedetail.cfm?ReleaseID=696301
http://files.shareholder.com/downloads/ALGT/1995897607x0x586655/1aa26d06-cf31-4182-b92a-cb8462d3c8db/Allegiant%20Travel%20Company%20Aircraft%20Presenta tion%20-Jul%202012.pdf
G4 will have 9 A319 will delivery sometime in 2nd quarter of 2013 and 14 A319 will delivery sometime in 2014 & 19 A319 will delivery sometime in 2015.
A few details in the presentation:
* The 9 from GE were previously with easyJet.
* The 19 aircraft will range in age from 7-10 years at delivery
* 156 seats (MDs are being refitted to 166 seats)
* Incremental estimated net income per aircraft per year is $1 million
* NO expectation of increasing aircraft utilization
* Estimate 25% lower fuel cost per block hour vs. MDs
* Estimate 40% lower maintenance cost per block hour vs. MDs
* Estimate 102% higher ownership cost per month vs. MDs
* Projected per passenger costs of $96 on A319s vs. $106 on MDs
* Range provides opportunity for longer routes
* Evaluating additional transactions beyond these 19 aircraft as an estimated 350+ aircraft will be on the market in the next 24 months
* Growth aircraft - no plans to retire any MDs except for the 2 MD87s
* 9 A319s in service by end of 2013; 14 by end of 2014; 19 by end of 2015
* Also indicate potential to add more 757s in 2013 to 2015 beyond the current 6 aircraft
Congratulations to Allegiant Air! Best luck to G4.
http://files.shareholder.com/downloads/ALGT/1995897607x0x586655/1aa26d06-cf31-4182-b92a-cb8462d3c8db/Allegiant%20Travel%20Company%20Aircraft%20Presenta tion%20-Jul%202012.pdf
G4 will have 9 A319 will delivery sometime in 2nd quarter of 2013 and 14 A319 will delivery sometime in 2014 & 19 A319 will delivery sometime in 2015.
A few details in the presentation:
* The 9 from GE were previously with easyJet.
* The 19 aircraft will range in age from 7-10 years at delivery
* 156 seats (MDs are being refitted to 166 seats)
* Incremental estimated net income per aircraft per year is $1 million
* NO expectation of increasing aircraft utilization
* Estimate 25% lower fuel cost per block hour vs. MDs
* Estimate 40% lower maintenance cost per block hour vs. MDs
* Estimate 102% higher ownership cost per month vs. MDs
* Projected per passenger costs of $96 on A319s vs. $106 on MDs
* Range provides opportunity for longer routes
* Evaluating additional transactions beyond these 19 aircraft as an estimated 350+ aircraft will be on the market in the next 24 months
* Growth aircraft - no plans to retire any MDs except for the 2 MD87s
* 9 A319s in service by end of 2013; 14 by end of 2014; 19 by end of 2015
* Also indicate potential to add more 757s in 2013 to 2015 beyond the current 6 aircraft
Congratulations to Allegiant Air! Best luck to G4.