Sat, Jun 17, 2017
Part Of Transition To All-Airbus Fleet By 2019
Allegiant has announced an agreement with ALAFCO Aviation Lease and Finance Company to lease 13 Airbus A320 aircraft. This agreement is another important step towards Allegiant's planned transition to an all-Airbus fleet by 2019.
"With the opportunistic acquisition of 13 aircraft, this agreement sets us right on pace toward our goal of achieving a single fleet type by 2019," said Maurice J. Gallagher, Jr., Allegiant chairman and chief executive officer. "The fleet transition will not only bring the benefit of operating efficiencies in training, scheduling, maintenance and more, but will also mean key economic advantages through greater fuel efficiency and higher seat capacity. This puts us in an ideal position for the future: to continue offering travelers the industry's best fares, while at the same time increasing reliability."
The 13 8-year-old Airbus aircraft acquired via this agreement are expected to enter service with Allegiant beginning in the first quarter of 2018, configured with 186 seats and the CFM56-5B engine type. The agreement includes an option to purchase at the end of the lease term.
ALAFCO chief executive officer and vice-chairman Ahmad Alzabin stated, "This agreement marks a milestone achievement for ALAFCO with its inaugural entrance into the North American market, and we are pleased to announce Allegiant as ALAFCO's first customer in the United States." Mr. Alzabin added, "With the recent establishment of ALAFCO's Irish subsidiary, we expect further penetration into the North American market." The 13 Airbus A320 aircraft have been placed on a long-term lease with Allegiant for a period of 12 years.
This transaction brings Allegiant to a total of 92 Airbus aircraft either in service or committed for future delivery.
(Image provided with Allegiant Airlines news release)
More News
Very High Frequency The frequency band between 30 and 300 MHz. Portions of this band, 108 to 118 MHz, are used for certain NAVAIDs; 118 to 136 MHz are used for civil air/ground voi>[...]
Aero Linx: Aviation Suppliers Association Established February 25, 1993, the Aviation Suppliers Association (ASA), based in Washington, D.C., is a not-for-profit association, repre>[...]
Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]
From 2021 (YouTube Version): Colorado Campus Offers aVariety Of Aerospace Entertainment And Education Wings over the Rockies Exploration of Flight is the second location for the Wi>[...]
Also: Paramotor Champ's, Electric Ultralight, ICON BK Update, Burt Rutan at Oshkosh! The Popular Rotorcraft Association is reaching out for help in rebuilding their private runway >[...]