Spirit Airlines 2014 Annual Report Download - page 28

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28
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
ITEM 2. PROPERTIES
Aircraft
As of December 31, 2014, we operated a fleet of 65 aircraft as detailed in the following table:
Aircraft Type Seats Average Age
(years) Number of
Aircraft Number
Owned Number
Leased
A319 145 8.5 29 — 29
A320 178 2.0 34 4 30
A321 218 9.4 2 — 2
5.1 65 4 61
As of December 31, 2014, our aircraft orders, consisted of 101 A320 family aircraft with Airbus (21 of the existing A320
aircraft model, 40 A320neos, 30 of the existing A321 model and 10 A321neos) and 5 direct operating leases for A320neos with
a third-party lessor. As of December 31, 2014, our future fleet plan, net of contractual lease returns, is illustrated in the table
below.
Aircraft Type 2015 2016 2017 2018 2019 2020 2021
A319 29 26 22 17 16 9 5
A320 42 45 52 54 54 54 54
A320 NEO 1 5 5 11 14 27 45
A321 8 17 25 30 30 30 30
A321 NEO — — — — 10 10 10
Total Aircraft 80 93 104 112 124 130 144
Note: Actual fleet count may differ depending on future fleet decisions, including actual lease retirements.
We also have five spare engine orders for V2500 SelectOne engines with IAE and nine spare engine orders for PurePower
PW 1100G-JM engines with Pratt & Whitney. Spare engines are scheduled for delivery from 2015 through 2024.
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 the
airports we serve that provide for the non-exclusive use of runways, taxiways and other airfield facilities. Landing fees paid
under these agreements are based on the number of landings and weight of the aircraft.
As of December 31, 2014, Ft. Lauderdale/Hollywood International Airport (FLL) remained our single largest airport
served, with over 15% of our capacity operating to or from FLL during 2014. We operate primarily out of Terminal 4, the
international terminal. We currently use up to nine gates at Terminal 4 and Terminal 3. We have preferential access to six of the
Terminal 4 gates, preferential access to one of the Terminal 3 gates, common use access to the remaining two Terminal 4 gates,
and access to other Terminal 3 gates. FLL is in the middle of a concourse replacement and expansion project, which would
expand the number of gates at Terminal 4 from 10 to 14. Other airports through which we conduct significant operations
include Dallas-Fort Worth International Airport (DFW), McCarran International Airport (LAS) serving Las Vegas, Chicago
O'Hare International Airport (ORD), Detroit Metropolitan Wayne County Airport (DTW), LaGuardia Airport (LGA) serving
New York City and Orlando International Airport (MCO).
Our largest maintenance facility is currently located in a leased facility at FLL under a lease that expires in January 2022.
We also conduct additional maintenance operations in leased facilities in Detroit, Michigan; Chicago, Illinois; Atlantic City,
New Jersey; Dallas, Texas; and Las Vegas, Nevada.