Tag Archives: Airbus A320-271N WL

Spirit Airlines to add over 4,000 new employees

Spirit Airlines Airbus A320-271N WL N931NK (msn 9548) SEA (Brian Worthington). Image: 960323.

Spirit Airlines has announced plans to hire more than 4,000 new Team Members in 2023 as the airline adds new planes and destinations to its growing network. The new hires will include Pilots, Flight Attendants, Aviation Maintenance Technicians and other support center roles.

Photo: Spirit Airlines

Plus, Spirit is growing in new and existing cities, with positions available with Spirit and business partners at airport stations across the network. These job opportunities allow job seekers across the nation to soar with attractive travel benefits and the advancement opportunities associated with working for a dynamic and fast-growing airline.

The airline continued:

These exciting job opportunities follow the airline’s soaring 2022 hiring trend as thousands of new Spirit Team Members joined the growing company last year. Some recent hiring milestones include:

  • In 2022, we received 21 brand new Airbus A320 Family aircraft. And in 2023, Spirit plans to receive another 26 new aircraft, with more on the way. We bring on new Team Members with each additional plane.
  • Spirit recently opened a state-of-the-art aircraft maintenance facility at George Bush International Airport (IAH) in Houston, Texas.
  • In 2022, Spirit added new crew bases for Pilots and Flight Attendants in Atlanta, Houston and Miami, growing our total number to 10 home bases across the country where our flight crews can choose to begin and end their duty.
  • Also in 2022, Spirit added nine new cities to its growing route map of nearly 100 destinations across the U.S., Latin America, and the Caribbean, with more new cities coming in 2023.

Top Copyright Photo: Spirit Airlines Airbus A320-271N WL N931NK (msn 9548) SEA (Brian Worthington). Image: 960323.

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Spirit Airlines is coming to San Jose, California

Spirit Airlines Airbus A320-271N WL N950NK (msn 10769) LAS (Jay Selman). Image: 404225.

Spirit Airlines has announced the launch of new, nonstop service from San José Mineta International Airport (SJC). The carrier is kicking off the new service with two daily flights to Las Vegas (LAS) and daily flights to Dallas/Fort Worth (DFW) and San Diego (SAN) on June 7, 2023.

Spirit Airlines Routes at SJC
Destination:Flights Available:Launch Date:
Dallas (DFW)DailyJune 7, 2023
Las Vegas (LAS)Twice DailyJune 7, 2023
San Diego (SAN)DailyJune 7, 2023

The new service marks the seventh airport Spirit serves in the Golden State, joining Burbank (BUR), Los Angeles (LAX), Oakland (OAK), Orange County (SNA), Sacramento (SMF) and San Diego (SAN). Spirit first launched California service in Los Angeles in 2000 and has grown to more than 55 daily departures to 23 out-of-state destinations. In the past three years, the carrier has grown the number of flights by 41 percent and seats by 46 percent statewide.

Top Copyright Photo: Spirit Airlines Airbus A320-271N WL N950NK (msn 10769) LAS (Jay Selman). Image: 404225.

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Air New Zealand adds flexibility for Cyclone Gabrielle

Air New Zealand Airbus A320-271N WL ZK-NHE (msn 10569) LAX (Michael B. Ing). Image: 956304.

Air New Zealand is working closely with relevant authorities to understand the severity of the cyclone and will be working through any required amendments to its schedule over the next 48 hours.

Air New Zealand Chief Customer and Sales Officer Leanne Geraghty says the airline will do everything in its power to limit the impact of the cyclone on travel plans however customers should be prepared as there may be some delays or cancellations.

“Teams around the business have kicked into gear to start planning for any disruptions to our network due to Cyclone Gabrielle. We will do everything we can to limit the impact on our schedule, however, with severe winds forecast for the North Island, it’s likely we’ll need to make some changes.”

“We encourage those with non-urgent travel, travelling to, from or through Auckland, Whangarei, Kerikeri, Tauranga, Hamilton and New Plymouth between Sunday 12 February and Friday 17 February to consider use of our flexibility policy. Customers can either hold their fare in credit for 12 months or rebook in the same class of travel between Sunday 12 February 2023 and Wednesday 22 February 2023 without fare difference, penalty or service fees.”

Customers who may be impacted by changes to the airline’s schedule will be emailed directly. The airline advises customers to keep an eye on their Air NZ app and the travel alerts page of the Air New Zealand website for up-to-date information.

Air New Zealand’s contact centre is currently receiving thousands of calls. The airline advises customers to only call if your enquiry is urgent but to rest assured it’s working through the potential impact of this weather event as a priority.

Air New Zealand will continue to monitor the situation and advise any changes to the flexibility policy guidelines. Should there be an improvement in the weather the flexibility guidelines will cease and will revert to standard fares conditions.

Given that the airline is focused on managing these impacts for our customers, it will not be able to provide specific flight details or impacted customer numbers at this time.

Top Copyright Photo: Air New Zealand Airbus A320-271N WL ZK-NHE (msn 10569) LAX (Michael B. Ing). Image: 956304.

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Spirit Airlines expects DOJ decision on JetBlue Airways merger in about 30 days

Spirit Airlines Airbus A320-271N WL N916NK (msn 9175) FLL (Andy Cripps). Image: 955788.

Spirit Airlines, according to Reuters, expects the Department of Justice (DOJ) to rule on the proposed Spirit takeover by JetBlue in around 30 days.

Top Copyright Photo: Spirit Airlines Airbus A320-271N WL N916NK (msn 9175) FLL (Andy Cripps). Image: 955788.

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Spirit Airlines reports fourth quarter and full year 2022 results

Spirit Airlines, Inc. reported fourth quarter and full year 2022 financial results.

“I want to thank the entire Spirit Team for their contributions in overcoming the many challenges we faced during 2022. Thanks to their dedication and relentless pursuit to implement more efficient and effective strategies, we made excellent progress on the steps necessary to return Spirit to sustained profitability,” saidTed Christie, Spirit’s President and Chief Executive Officer.

Fourth Quarter 2022 Financial Results

For the fourth quarter 2022, Spirit reported a net loss of $270.7 million, or a net loss of $2.49 per diluted share. Excluding special items, adjusted net income for the fourth quarter 2022 was $12.6 million1, or an adjusted net income of $0.12 per diluted share1.

For the fourth quarter 2022, Spirit reported a pre-tax loss of $340.3 million and a pre-tax margin of negative 24.5 percent. Adjusted pre-tax income for the fourth quarter was $23.0 million1 and adjusted pre-tax margin was 1.7 percent.

Operations

For the fourth quarter 2022, the Company’s load factor was 81.0 percent, DOT on-time performance2 was 73.2 percent and Completion Factor2 was 97.0 percent.

Revenue

Total operating revenues for the fourth quarter 2022 were $1.4 billion, an increase of 43.5 percent compared to the fourth quarter 2019 primarily due to increased flight volume and stronger operating yields. Total revenue per ASM (“TRASM”) was 10.81 cents, up 17.0 percent compared to fourth quarter 2019 on 22.7 percent more capacity.

On a per passenger flight segment basis, compared to the same period in 2019, total revenue per passenger flight segment (“segment”) for the fourth quarter 2022 increased 22.5 percent to $135.62. Compared to the fourth quarter 2019, fare revenue per segment increased 22.1 percent to $64.31 and non-ticket revenue per segment increased 22.9 percent to $71.313. Non-ticket revenue per segment increased sequentially from the third quarter 2022 by $4.24, driven by strong take rates for ancillaries combined with the benefit from revenue management initiatives.

Cost Performance

Total GAAP operating expenses for the fourth quarter 2022 increased 100.8 percent compared to the fourth quarter 2019 to $1,697.0 million. Adjusted operating expenses for the fourth quarter 2022 increased 58.0 percent compared to the fourth quarter 2019 to $1,333.7 million4. Compared to the fourth quarter 2019, these increases were primarily driven by increases in flight volume, additional aircraft, higher fuel prices and inflationary wage pressures.

Fleet

Spirit took delivery of 10 new A320neo aircraft during the fourth quarter 2022. The Company ended the quarter with 194 aircraft in its fleet, an increase of 33.8 percent since the end of fourth quarter 2019.

In January 2023, the Company signed an agreement to sell 29 unencumbered A319ceo aircraft powered with V2500 engines to Gryphon Trading Company, LLC (“Gryphon”), with anticipated deliveries to Gryphon beginning in the first quarter 2023 through the end of the third quarter 2024. The Company expects to remove 14 and 15 A319ceo aircraft from its operating fleet in 2023 and 2024, respectively. The other two A319ceo aircraft in our operating fleet are anticipated to be returned to the lessor upon lease expiration in 2025.

Liquidity and Capital Deployment

Spirit ended fourth quarter 2022 with unrestricted cash and cash equivalents, short-term investment securities and liquidity available under the Company’s revolving credit facility of $1.8 billion.

During the fourth quarter 2022, the Company completed a private offering of an additional $600 million in aggregate principal amount of 8.00% Senior Secured Notes due 2025 (the “Senior Secured Notes”) by Spirit IP Cayman Ltd., an indirect wholly-owned subsidiary of the Company, and Spirit Loyalty Cayman Ltd., an indirect wholly-owned subsidiary of the Company (together the “Issuers”). As of December 31, 2022, the Issuers had $1.1 billion of aggregate principal amount of Senior Secured Notes outstanding.

Spirit increased the commitment under its senior secured revolving credit facility by $60.0 million to $300.0 million during the fourth quarter 2022. As of December 31, 2022, the entire $300 million remained undrawn and available.

Total capital expenditures, including net pre-delivery purchase deposits, for the twelve months ended December 31, 2022, were $246.1 million, primarily related to the purchase of spare parts, including four spare engines, two flight simulators, and expenditures related to the building of Spirit’s new headquarters campus in Dania Beach, Florida.

Top Copyright Photo: Spirit Airlines Airbus A320-271N WL N967NK (msn 11128) LAX (Michael B. Ing). Image: 960027.

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