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Allegiant
Announces Purchase of Twelve New Airbus A320ceo Aircraft
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Las
Vegas, NV – August 2016 / Newsmaker Alert / Allegiant
(ALGT) announces an agreement to purchase twelve new, current engine option
(ceo) Airbus A320 aircraft. This first-time new aircraft purchase by the
company is another step towards Allegiant’s planned transition to an all
Airbus fleet by 2019.
“The
fact that these planes are new is notable, but should not be seen as a
change in our fundamental strategy,” said Maury Gallagher, Allegiant chairman
and chief executive officer. “We have always looked at building our fleet
opportunistically, and this agreement is no exception. With Airbus preparing
to transition production of its current engine option models to new engine
option models, we were able to negotiate an order for twelve end-of-line
slots.”
Allegiant
has selected the CFM engine type for the aircraft in this agreement. The
aircraft are expected to enter service between 2017 and 2018. This transaction
brings Allegiant a total of 77 Airbus aircraft either in service or committed
for future delivery.
“This
purchase agreement is an important step in transitioning to a single fleet
type,” said Jude Bricker, Allegiant chief operating officer. “Streamlining
our fleet will increase efficiencies across our entire operation and bring
economic advantages in fuel savings and a higher number of seats – allowing
us to continue offering the industry’s most affordable fares, while increasing
reliability.”
By
the end of 2016, the company’s in service Airbus fleet will number 33,
consisting of 16 A320s and 17 A319s. At the end of this year, Allegiant
will have a total of 85 aircraft in revenue service.
“We
love it when we hear the Allegiant team say that ‘Airbus is our future,’
because that demonstrates they are hitting their bottom-line goals while
also satisfying their passengers, and they know it’s because of the Airbus
A320 family,” said John Leahy, Airbus chief operating officer – customers.
“When an airline grows its A320 fleet, it’s making a sound investment in
its financial future.”
Allegiant®
Las
Vegas-based Allegiant (ALGT) is focused on linking travelers in small cities
to world-class leisure destinations. The airline offers industry-low fares
on an all-jet fleet while also offering other travel-related products such
as hotel rooms, rental cars and attraction tickets. All can be purchased
only through the company website, Allegiant.com.
Beginning with one aircraft and one route in 1999, the company has grown
to over 80 aircraft and more than 300 routes across the country with base
airfares less than half the cost of the average domestic roundtrip ticket.
For downloadable press kit, including photos, visit: GoFly.us/YFuyb. |