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Allegiant Cancels A319 Cebu Deal  
User currently offlinestlgph From United States of America, joined Oct 2004, 9367 posts, RR: 26
Posted (1 year 8 months 3 weeks 3 days 5 hours ago) and read 13029 times:

From my NASDAQ wire -

This morning Allegiant announced they are canceling the deal after Cebu fails to "satisfy certain conditions." They were to receive ten A319's. Allegiant instead will be taking delivery of A320's ... seven of the 9 planes will be delivered in 2013 and brought into the fleet at a "faster rate" to offset the capacity loss of the 319's.


edit -

The presser is now hitting the web

http://www.thestreet.com/story/11801...cebu-pacific-a319-transaction.html

http://www.globenewswire.com/news-re...Cebu-Pacific-A319-Transaction.html

[Edited 2012-12-28 06:06:45]


if assumptions could fly, airliners.net would be the world's busiest airport
15 replies: All unread, jump to last
 
User currently offlinePolot From United States of America, joined Jul 2011, 2187 posts, RR: 1
Reply 1, posted (1 year 8 months 3 weeks 3 days 5 hours ago) and read 12981 times:

Just to be clear, since you didn't state it and not everyone reads the article, Allegiant is still receiving 9 A319s from GECAS.

User currently offlinesunking737 From United States of America, joined Feb 2005, 2045 posts, RR: 8
Reply 2, posted (1 year 8 months 3 weeks 3 days 4 hours ago) and read 12597 times:

Quoting stlgph (Thread starter):
From my NASDAQ wire -

This morning Allegiant announced they are canceling the deal after Cebu fails to "satisfy certain conditions." They were to receive ten A319's. Allegiant instead will be taking delivery of A320's ... seven of the 9 planes will be delivered in 2013 and brought into the fleet at a "faster rate" to offset the capacity loss of the 319's.
Quoting Polot (Reply 1):
Just to be clear, since you didn't state it and not everyone reads the article, Allegiant is still receiving 9 A319s from GECAS.

Smart move, why pay more then they need to, when I'm sure they are being contacted by others willing to off load airframes at a good price.



Just an MSPAVGEEK
User currently offlineKarlB737 From United States of America, joined Mar 2004, 3105 posts, RR: 10
Reply 3, posted (1 year 8 months 3 weeks 3 days 4 hours ago) and read 12548 times:

Press Release: Allegiant Travel Company

Allegiant Travel Company Announces The Cessation Of The Cebu Pacific A319 Transaction

"We continue to have fleet flexibility in 2013 even without the Cebu A319s. Seven of the nine A320 aircraft, which we announced the intention to acquire on December 19, 2012, are expected to be delivered in 2013 and we now plan to introduce these aircraft into service at a faster pace so as to offset the capacity that had been planned with the Cebu A319s," concluded Levy."

http://finance.yahoo.com/news/allegi...announces-cessation-140202274.html


User currently offlinedebonair From Germany, joined Jan 2004, 2429 posts, RR: 4
Reply 4, posted (1 year 8 months 3 weeks 3 days ago) and read 11643 times:

Quoting stlgph (Thread starter):
This morning Allegiant announced they are canceling the deal after Cebu fails to "satisfy certain conditions."

So, what are these "certain conditions"? Missing maintenance records, delivery dates?


User currently offlinePolot From United States of America, joined Jul 2011, 2187 posts, RR: 1
Reply 5, posted (1 year 8 months 3 weeks 3 days ago) and read 11588 times:

Quoting debonair (Reply 4):
So, what are these "certain conditions"? Missing maintenance records, delivery dates?

From the comment later one:

"Unfortunately we were unable to come to terms on some of the economic provisions of the transaction and as we have demonstrated in the past, we will not purchase aircraft just for the sake of growth. Our disciplined approach in asset purchases is a core competency that we will not compromise."

It sounds like they couldn't come to an agreement over price (maybe not necessarily over the airframe, but who will pay for repainting, redoing the interior etc).


User currently offlinecanyonblue17 From United States of America, joined Oct 2008, 453 posts, RR: 0
Reply 6, posted (1 year 8 months 3 weeks 2 days 16 hours ago) and read 8297 times:

Who does Allegiant's maintenance? It seems as though for a smaller airline, their maintenance costs would be rather high using three very different types.....A320, 757, MD80. Add to that the fact that many of these aircraft are relatively old.

User currently offlineTrijetsRMissed From United States of America, joined Oct 2006, 2353 posts, RR: 7
Reply 7, posted (1 year 8 months 3 weeks 2 days 13 hours ago) and read 7236 times:

Quoting canyonblue17 (Reply 6):

Who does Allegiant's maintenance?

AA does the maintenance for G4's MD-80s in Tulsa. Not sure about the other types.



There's nothing quite like a tri-jet.
User currently offlineairlinebuilder From Philippines, joined Nov 2012, 183 posts, RR: 0
Reply 8, posted (1 year 8 months 3 weeks 2 days 6 hours ago) and read 5355 times:

these will be a problem for Cebu Pacific Air, they will be having a lot of aircrafts with not much destinations to fly these planes since all have been covered by the current fleet....

User currently offlineouboy79 From United States of America, joined Nov 2001, 4599 posts, RR: 22
Reply 9, posted (1 year 8 months 3 weeks 2 days 3 hours ago) and read 4822 times:

Quoting canyonblue17 (Reply 6):

Who does Allegiant's maintenance? It seems as though for a smaller airline, their maintenance costs would be rather high using three very different types.....A320, 757, MD80. Add to that the fact that many of these aircraft are relatively old.
Quoting TrijetsRMissed (Reply 7):
AA does the maintenance for G4's MD-80s in Tulsa. Not sure about the other types.

AAR in OKC also does the mx for G4's MD80s. There is normally always 1 or 2 sitting here, and as of a couple days ago there was one sitting out there on the ramp.


User currently offlineytib From United States of America, joined Nov 2004, 574 posts, RR: 1
Reply 10, posted (1 year 8 months 3 weeks 2 days 2 hours ago) and read 4620 times:

They are just getting the A319's when they buy F9.   

This post is a day old and no one had stated it yet, people must be off for Christmas holiday.  


User currently offlineluv2fly From United States of America, joined May 2003, 12110 posts, RR: 48
Reply 11, posted (1 year 8 months 3 weeks 2 days 2 hours ago) and read 4580 times:
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I don't think that G4 would touch F9 with a ten foot pole.


You can cut the irony with a knife
User currently offlineFI642 From Monaco, joined Mar 2005, 1079 posts, RR: 2
Reply 12, posted (1 year 8 months 3 weeks 1 day 18 hours ago) and read 4154 times:

Quoting luv2fly (Reply 11):
I don't think that G4 would touch F9 with a ten foot pole.

I second that...............



737MAX, Cool Planes for the Worlds Coolest Airline.
User currently offlineKMDAB From United States of America, joined Jan 2013, 2 posts, RR: 0
Reply 13, posted (1 year 8 months 2 weeks 5 days 1 hour ago) and read 3311 times:

Quoting ouboy79 (Reply 9):
AAR in OKC also does the mx for G4's MD80s.

AAR/OKC is doing G4's induction, aging aicraft and C-checks. Normal mx is done per base...if not a G4-manned base like LAS/BLI/PIE/SFB, it is contract mx.


User currently offlineouboy79 From United States of America, joined Nov 2001, 4599 posts, RR: 22
Reply 14, posted (1 year 8 months 2 weeks 5 days 1 hour ago) and read 3200 times:

Quoting KMDAB (Reply 13):
AAR/OKC is doing G4's induction, aging aicraft and C-checks. Normal mx is done per base...if not a G4-manned base like LAS/BLI/PIE/SFB, it is contract mx.

Obviously it is a contractor and not G4 employees...since it is AAR.  


User currently offlineKMDAB From United States of America, joined Jan 2013, 2 posts, RR: 0
Reply 15, posted (1 year 8 months 2 weeks 2 days 19 hours ago) and read 2657 times:

Quoting ouboy79 (Reply 14):
Obviously it is a contractor and not G4 employees...since it is AAR.

The post I was replying to made it sound like AAR does all G4's maintenance. I was simply trying to clarify. And just for trivia's sake, there are G4 employees working mx at AAR on behalf of the airline.


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