Spirit just sold 29 aircraft.

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01-19-2023 | 03:11 PM

#11

Excargodog

Perennial Reserve

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Quote:

Originally Posted by RiddleEagle18

go read the SEC filing

“
The Company expects to remove 14 and 15 A319ceo aircraft from its operating fleet in 2023 and 2024, respectively. The remaining two A319ceo aircraft in the Company’s operating fleet, which are leased, are anticipated to be returned to the lessor upon lease expiration in 2025.”

That would seem definitive.

01-19-2023 | 06:24 PM

#12

Jimdunbar

On Reserve

Joined: Oct 2019

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And so it begins

01-19-2023 | 07:46 PM

#13

Excargodog

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Quote:

Originally Posted by Jimdunbar

And so it begins

What begins? You knew that those aircraft were the oldest in the fleet. And that if JB still wants 319s (which they have said they don’t) they would accept the 319NEOs NK has on order, rather than changing them to other 32xNEO variants, which they have announced their intention to do. Why not get rid of your least efficient and most maintenance intensive aircraft if you are having such attrition problems you are unable to fully staff the fleet you have. Especially since JB has no desire to have them in the inventory when they take over.

01-19-2023 | 10:03 PM

#14

Ed Force One

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From: A320 CA

Shoot, when I was hired on 2013 those aircraft were already sold to United. And yet here they are.

More importantly, does this raise the 321 override? (In 2024, of course...)

01-20-2023 | 01:22 AM

#15

putzin

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Quote:

Originally Posted by Ed Force One

Shoot, when I was hired on 2013 those aircraft were already sold to United. And yet here they are.

More importantly, does this raise the 321 override? (In 2024, of course...)

So you're saying we're getting another "small bite"? 💥

01-20-2023 | 02:58 AM

#16

JulesWinfield

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Attrition problem solved. Utilization problem solved.

01-20-2023 | 04:37 AM

#17

Noisecanceller

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Yes it should increase the 321 override. Also going to slow movement to a crawl for mid pack FOs and Captains. Hiring will just be for bottom churn

01-20-2023 | 05:37 AM

#18

symbian simian

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From: Aircraft & Seat: old & hard

Quote:

Originally Posted by Noisecanceller

Yes it should increase the 321 override. Also going to slow movement to a crawl for mid pack FOs and Captains. Hiring will just be for bottom churn

Movement was always going to slow down, just a question of when. 15%+ growth per year is only possible for a small company. And without significant retirements that means very little progression. I never expected the growth to continue this long, and I am a little old to start over, but have been telling everyone younger than 45 with less 5 years they should really look around.....