Quantcast

Spirit Airlines receives first Airbus A321neo amid financial restructuring

GLOBAL INDUSTRY NEWS
Flight made emergency landing in Denver after reported animal strike and engine fire
General Dynamics says G800 jet receives FAA, EASA certifications
United Airlines doubles down on Chicago roots with new O'Hare billboards
Gatwick airport strikes, Easter 2025: will my flight be cancelled?
Boarding passes and check-in could be scrapped in air travel shake-up
European air traffic warning means summer delays for holidaymakers
The EU rule change that could affect millions of Brits when their flight is delayed or cancelled
Delta Earnings Land Soon. Why They’re Key for Airline Stocks and the Economy.
Avelo Airlines to Operate Deportation Flights, Hiring Flight Attendants
Travel chaos 2025: all the strikes and disruption expected across Europe
Qatar Airways accelerates Starlink wifi implementation
Southwest Airlines extends flight schedule through early April 2025
Cathay Pacific reaches 3,400 pilots this year, with low resignation rate of 2.9%
Qatar Airways Nears Boeing 777 Fleet-Wide Starlink Upgrade
United receives FAA approval for first Starlink-equipped planes
50 New Routes Launching In April 2025
Qantas launches mammoth Asia flight sale including Bali and Japan
New Update from Air Canada, WestJet, American Airlines, Delta, United, Southwest, Alaska, JetBlue Airways, and Sunwing: Airline Capacity Between Canada and US Slashed as Bookings Plummet Seventy Per Cent
Delta Cuts Two Domestic Routes
United Airlines Technicians Reject ‘Dead on Arrival’ Contract Proposal, Teamsters Say
The State of the Asia Pacific Airline Industry
Spirit Airlines to add Detroit nonstop flight out of Bradley International Airport
Major airline to launch new direct flights from Scotland to North America
Ryanair launches new ‘prime’ membership which saves passengers more than £400 a year
Judge Orders Boeing to Trial on 737 MAX Case
Qantas’ free international Wi-Fi to switch on from next week
The real reason Southwest is charging for bags now
Air France-KLM in ongoing talks with Air Europa on potential stake, CEO says
Frontier Savagely Shades Southwest After They Eliminated Longstanding Free Bag Policy, Sparking Backlash
Frontier Wants You to 'Divorce Your Old Airline' After Southwest Changes
Global Industry News
Spirit Airlines receives first Airbus A321neo amid financial restructuring
Policy
Webp 9d8e4n9zvnq6npvse1f7c4oouh5n
Airbus A380 | Airbus

Spirit Airlines has received its first Airbus A321neo aircraft as part of a sale-and-leaseback (SLB) transaction approved by the bankruptcy court managing the airline's Chapter 11 case. The delivery took place on December 21, with the aircraft traveling from Hamburg Finkenwerder Airport to Keflavik International Airport before reaching Detroit Metropolitan Wayne County Airport.

This addition marks Spirit Airlines' 28th A321neo, joining its fleet of 91 smaller A320neo aircraft. However, approximately 25.2% of these planes are currently inactive due to engine issues. Spirit Airlines' Q3 report highlighted compensation arrangements with International Aero Engines and Pratt & Whitney for grounded aircraft until December 31, 2024.

"The temporary removal of engines from service is expected to continue through at least 2026," according to the company. As of September 30, Spirit had recognized $104.7 million in credits related to these groundings.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
Subscribe
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The SLB transaction was sanctioned by the United States Bankruptcy Court for the Southern District of New York on December 18. "Each and every federal, state and local governmental agency or department shall be, and hereby is, directed to accept any and all documents and instruments necessary and appropriate to consummate the Aircraft [SLB] Transactions contemplated hereby,” stated the court order.

Spirit Airlines plans to receive three more A321neos between February and April 2025 under this arrangement with JSA International. These will be sold immediately after delivery but leased back long-term.

In addition to acquiring new aircraft, Spirit will reduce capacity in 2025 following court approval for selling its older A320ceo and A321ceo models to GA Telesis. By March next year, Spirit anticipates operating fewer weekly flights compared to previous years.

Organizations Included in this History
Simple Flying
More News

Air Line Pilots Association launches global campaign to oppose single-pilot operations

The Air Line Pilots Association (ALPA) has announced the launch of a global campaign titled "Safety Starts with Two" to oppose reduced-crew operations and advocate for maintaining two pilots on the flight deck at all times.

Apr 25, 2025

Emirates becomes first Autism Certified Airline and expands travel rehearsal program to 17 cities

Emirates has announced its status as the world's first Autism Certified Airline and is expanding its 'Travel Rehearsal' program to 17 global cities to support neurodiverse travelers.

Apr 25, 2025

Delta launches partnership to earn SkyMiles on eligible Uber rides and UberEats orders

Delta Air Lines has announced a new partnership with Uber, allowing SkyMiles members to earn miles on eligible Uber rides and UberEats orders.

Apr 25, 2025

Hainan Airlines offers exclusive discount vouchers to international transfer passengers at Haikou airport

Hainan Airlines has announced the introduction of exclusive discount vouchers for international transfer passengers at Haikou Meilan International Airport.

Apr 25, 2025

Alaska Airlines launching nonstop service from San Diego to Phoenix

Alaska Airlines has announced the introduction of new nonstop services from San Diego to Phoenix, commencing on August 20.

Apr 25, 2025

Boeing to sell portions of digital aviation solutions to Thoma Bravo for $10.55 billion

Boeing has announced an agreement to sell portions of its Digital Aviation Solutions business to Thoma Bravo for $10.55 billion in an all-cash transaction.

Apr 25, 2025

Aviation Comments
Loading...

No comments available.

Trending
1

Oman Air to increase flights to Heathrow, plans double daily service next summer