Originally Posted by
Normann
It started on the biatchboard as 20 airplanes by the end of 2011. I think. Then it went to one each month starting September 2010. This was right below "50 downgrades if we sign the TA". Along with merger rumors and whatever else you can dream up like that we will be doing 2 month bidding in 2011. Of course none of it became true.
With oil being unpredictable I would rather have 5 instead of 12. Even 5 airplanes means a 15% expansion for this year. Sounds good to me. I don't want them to stretch their finances too thin. However if they go ahead with the IPO and get some good response from investors, deliveries could change dramatically. But that is an "if" after another "if". The last thing I have heard from Ben directly (meaning: him talking to me at the gate) was a few weeks ago. 2 more in Feb and 2 more later this year. Kind of like 2010.
I heard today that Spirit are just starting a big recruitment push. Also reported to be hiring on pilotjobsnews.com (not sure how reliable that is) - does anybody know exact figures on planned hires? Also any specific info on the financial position of the airlines - e.g. leverage ratios, debt interest coverage ratios etc (I don't want to get thrown to the bottom of a seniority list for the third time!
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