Possible Plane Order
#292
Gets Weekends Off
Joined: Feb 2011
Posts: 657
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Odd? Really? Last year everyone was saying they will announce an order at the Paris Airshow, I’m not holding my breath for another aircraft order.
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#294
Gets Weekends Off
Joined: Jul 2015
Posts: 353
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They’ve publicly announced numerous times to the investment community that an order will happen this year... highly doubt they would spew that much verbal defacation if it weren’t actually gonna happen... everyone needs to relax... it’s coming... works on managements timeline not ours
#295
Line Holder
Joined: Feb 2007
Posts: 1,451
Likes: 24
From: Airplanes
In case you haven't noticed our fleet plan has grown from 144 to 180 airframes without a single order. They also stated on the Q1 conference call that they've found additional airframes to keep 15% YOY growth through 2023 until the deliveries with the new order begin. That's an additional 90 airframes without an order. I wouldn't be too concerned.
Jeff Thomson: When you joined Spirit nearly seven years ago, you had the opportunity to build the finance function from scratch, just as the airline was expanding. As the now CFO, how has the finance team grown alongside the company’s own evolution from just 40 aircraft to 140? What role do you play in setting the company’s growth strategy?
Scott Haralson: Growing a company more than 200% in about six years with sights on doubling again over the next five is difficult and complex.
https://www.forbes.com/sites/jefftho.../#f106f31710f6
#296
Line Holder
Joined: Jun 2015
Posts: 1,866
Likes: 0
From: Left
I've stated on at least two occasions that Spirit will grow to 270 airframes in the next five years. Apparently I was wrong. We're growing to 280 airframes in the next five years.
Jeff Thomson: When you joined Spirit nearly seven years ago, you had the opportunity to build the finance function from scratch, just as the airline was expanding. As the now CFO, how has the finance team grown alongside the company’s own evolution from just 40 aircraft to 140? What role do you play in setting the company’s growth strategy?
Scott Haralson: Growing a company more than 200% in about six years with sights on doubling again over the next five is difficult and complex.
https://www.forbes.com/sites/jefftho.../#f106f31710f6
Jeff Thomson: When you joined Spirit nearly seven years ago, you had the opportunity to build the finance function from scratch, just as the airline was expanding. As the now CFO, how has the finance team grown alongside the company’s own evolution from just 40 aircraft to 140? What role do you play in setting the company’s growth strategy?
Scott Haralson: Growing a company more than 200% in about six years with sights on doubling again over the next five is difficult and complex.
https://www.forbes.com/sites/jefftho.../#f106f31710f6
Would love to see it happen!!!! Hopefully we will hear something soon.
#298
Line Holder
Joined: Jun 2006
Posts: 1,600
Likes: 33
The fleet plan just moved from 180 to 193 by 2021. It's not the order we all want but it's moving in the right direction.
#299
Still beats a B737 order by a long shot....
And yes, I totally agree, we haven't had any orders since 2015(?), but the fleet plan has gone from 140 to 193. I would rather have some lease returns on the property than an announcement for a LOI somewhere in the future...
And yes, I totally agree, we haven't had any orders since 2015(?), but the fleet plan has gone from 140 to 193. I would rather have some lease returns on the property than an announcement for a LOI somewhere in the future...
#300
Line Holder
Joined: Feb 2007
Posts: 1,451
Likes: 24
From: Airplanes
I'll add that it's moved from 144 to 193 by 2021 without an order. There's still another 97 airframes they're shopping for in the open market.
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