Spirit Airlines 2012 Annual Report Download - page 29

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ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
ITEM 2. PROPERTIES
Aircraft
The Company operated a total of 45 aircraft, all of which are under operating leases, as of December 31, 2012 .
The following table details information on the 45 aircraft in the Company’s fleet as of December 31, 2012 :
As of December 31, 2012 , firm aircraft orders with Airbus and a third party consisted of 106 A320 family aircraft ( two used A319 aircraft, 54 of the existing A320
aircraft model, and 50 A320 NEOs). Aircraft are scheduled for delivery from 2013 through 2021 , as illustrated in the table below.
* Table reflects deliveries net of contractual lease returns. Table excludes five A320 NEO aircraft for which the Company has signed a Letter of Intent with International Lease Finance Corporation (ILFC), however
delivery dates are contingent upon the engine type selection which has not yet been determined. Actual fleet count may differ depending on future fleet decisions, including actual lease retirements.
We also have a contractual purchase commitment for three spare V2500 IAE International Aero Engines AG engines scheduled for delivery from 2013 through 2015 .
Ground Facilities
We lease all of our facilities at each of the airports we serve. Our leases for terminal passenger service facilities, which include ticket counter and gate space,
operations support areas and baggage service offices, generally have a term ranging from month-to-month to 20 years, and contain provisions for periodic adjustments of
lease rates. We also are responsible for maintenance, insurance and other facility-related expenses and services. We also have entered into use agreements at many of the
airports we serve that provide for the non-exclusive use of runways, taxiways and other facilities. Landing fees under these agreements are based on the number of landings
and weight of the aircraft.
As of December 31, 2012, Ft. Lauderdale/Hollywood International Airport (FLL) remained our single largest airport served, with over 20% of our capacity operating
to or from FLL during 2012. We operate primarily out of the international terminal, Terminal 4, with occasional use of a gate in Terminal 3. We currently use up to ten gates
at Terminal 4. We have preferential access to seven of the Terminal 4 gates, common use access to the remaining three Terminal 4 gates, and common use access to
Terminal 3 gates. FLL is planning a Terminal 4 concourse replacement and expansion project, which would expand the number of gates at Terminal 4 to 14. Other airports
through which we conduct significant operations include McCarran International Airport (LAS), Chicago O'Hare International Airport (ORD), Dallas-Fort Worth
International Airport (DFW), Detroit Metropolitan Wayne County Airport (DTW), Atlantic City International Airport (ACY), and LaGuardia Airport (LGA).
28
Aircraft Type Seats Average Age (years) Number of Aircraft
A319 145 6.3 27
A320 178 1.4 16
A321 218 7.4 2
4.6 45
Number of Aircraft at Year-End *
Aircraft Type 2013 2014 2015 2016 2017 2018 2019 2020 2021
A319 29 29 29 26 17 8 2
A320 23 30 40 50 63 68 68 68 68
A320 NEO 6 19 32 45
A321 2 2 2 2
Total Aircraft 54 61 71 78 80 82 89 100 113