Allegiant Travel Company Announces the Intention to Acquire Up to Nine A320 Aircraft
"The A320 aircraft type is a perfect complement to the smaller A319 and will enable us to continue cost effective growth for years to come," said
"We do not expect a material change to our 2013 capacity as we will vary MD-80 utilization appropriately. As with the earlier acquisition of A319s, we are committed to only acquire aircraft at values that support our existing business model of relatively low fleet utilization," concluded Levy.
Seven aircraft are expected to be purchased in 2013 and two in 2014. With the addition of this transaction, Allegiant is now expecting 2013 total CAPEX to be between
Allegiant expects to place the first A320 into service late in the third quarter of 2013 and all nine aircraft are expected to be in service by the end of 2014. No additional MD-80 retirements are planned as a result of this transaction.