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Struggling Spirit Airlines Raises $519 Million With Sale of 23 A320 Family Planes

Author: Aircraft Value News
December 2, 2024

Spirit Airlines, which has been teetering on the brink of bankruptcy, recently disclosed that to enhance its liquidity, it sold 23 A320ceo and A231ceo aircraft to GA Telesis, a U.S.-based aerospace asset manager.

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Mission / Aircraft Values News was created in 1992 to provide independent and informed advice regarding current and future aircraft values, and the factors that affect them, to the air transport community.AVN's core activity is the provision of expert commentary on current and future market values and lease rates. AVN seeks to interpret and analyze current events, enabling readers to more accurately anticipate future market trends. AVN expertise centers on an appreciation that aircraft are a commodity, subject to vagaries of supply and demand. AVN's subscribers comprise decision makers at financial i aft lessors and airlines.
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