SEATTLE Feb 12 A planned merger between
American Airlines and US Airways is likely to add to a growing
supply of used aircraft on the market, helping airlines who
operate those jets find spare parts, budget carrier Allegiant
Air said Tuesday.
US Airways and American's parent AMR Corp
are nearing an $11 billion merger and could announce a deal
within a week, people familiar with the matter said on Saturday.
Jude Bricker, vice president of corporate finance and
treasurer at Las Vegas-based Allegiant Travel Co, said
the merger to create the world's biggest airline likely will
prompt American and US Air to offload some of their MD-80 and
Boeing 757 jets.
"Airplanes will become available," he said in the sidelines
of the Pacific Northwest Aerospace Alliance annual conference
American has the largest remaining block of MD-80s in the
world, or 210 jets, as well as 124 757s.
US Airways has 24 757s and no MD-80s.
Bricker said he did not think that sales of older planes
would be a goldmine for Allegiant, which only buys used planes.
It owns 58 MD-80s and six 757s.
"I don't think MD-80s can get cheaper," Bricker said, noting
they cost about $600,000 now, and if the price fell to $400,000
it wouldn't make much difference.
"What's important is that they're available to buy."
A healthy supply of used planes parked and not in use by
other airlines makes it easier to get parts, including engines,
at low cost, which is crucial to Allegiant.
That means the airline can avoid the cost of holding spare
planes in its own inventory.
American has said it will take delivery of nearly 60 new
aircraft this year as part of a historic fleet order placed with
Boeing and Airbus in July, 2011, just months before it filed for
bankruptcy. Last month it confirmed hundreds of orders.
The airline said it already has been retiring MD-80s as it
acquires new 737-800s and also has retired several 757s.