Originally Posted by
otter1
Here's one part that concerns me:
"Spirit has likewise been under fire for its 30%+ growth rate and its shares suffered during the year, resulting in a recent announcement that it would slow growth to the 20% region, according to Cowen Securities analyst Helene Becker. Becker said in a research note she sees room for further growth cuts if Spirit were to defer aircraft deliveries or return leased aircraft. She expects the management shakeup signals a more conservative growth strategy."
One of the positives of this place is the quick chance to upgrade. If this article is correct, they will slow down. We really need a TA with more competitive F/O scales to keep people from leaving.
2015 was inherently designed to be a big growth year. We went from 65 aircraft to 79 (still waiting on the neo's), that's a 22% jump in aircraft (larger overall capacity increase as lots of those were 321's). 2016 will slow just by the fact that we'll be growing from 79/80 aircraft to 93 (16% more aircraft). And the numbers diminish further the larger we get. Baldanza indicated in an interview that he was satisfied with our fleet plan and that there was a little room to adjust capacity without deferring aircraft deliveries (which he admitted is a tricky process). The key question is if Fornaro thinks the same thing.... By looking at the Street's reaction, they're anticipating aircraft deferrals....
Any significant aircraft delivery deferral will force me to apply elsewhere.