Allegiant Adapts Business Model With Airbus A319 Additions

The parent company of Las Vegas-based low-cost carrier Allegiant Air, taking advantage of depressed values for used narrowbody aircraft, will add a third aircraft type to the airline’s fleet with the lease of 19 Airbus A319s. Allegiant Travel says nine of the aircraft will be former EasyJet aircraft on 96-month operating leases from GE Capital Aviation Services. The remaining 10 will be on capital leases from Philippines-based Cebu Pacific for 60 months, after which Allegiant will own the aircraft ...