Ted Christie, CFO of Spirit Airlines, said all five A320neos it’s received are now operating. These famously were pictured parked and months at the D/FW International Airport with covers on the engines.
The fuel burn is better than the advertised 15% reduction, Christie said, without specifying how much better. Industry scuttlebutt indicates the GTF is 1%-2% better than advertised.
Christie made his remarks yesterday at the 38th annual Airfinance Journal conference in Miami.
Things may be better, for Spirit at least, but another A320neo customer, lessor Air Lease Corp, says its A320neos deliveries are running about 11 months late. Steven Udvar-Hazy, the executive chairman, believes it will be 12-18 months before PW and other engine makers will “get back to normality.”
GE Aviation, CFM and Rolls-Royce each have engine challenges, Hazy said.
“The last 12 months has been a real eye-opener for engines,” Hazy said yesterday at the AFJ conference.