Quantcast

Spirit Airlines receives first Airbus A321neo amid financial restructuring

GLOBAL INDUSTRY NEWS
Tycoon unveils £25 billion rival Heathrow expansion plan
Proposals for commercial planes to operate with one pilot shelved after critical EU report
Air Travel Fatalities Up 300% in 2024, According to Shocking Global Report
Boeing Halts Strike Talks Amid $36 Billion Deal & Union Dispute
FAA’s Broader Runway Safety Push Builds on EMAS Legacy
Ryanair CEO says aviation sustainability targets are 'dying a death'
US FAA funds system to prevent accidents involving runaway airplanes
Exclusive: Korean Air makes airline's biggest-ever Boeing jet order amid Trump-Lee summit
Boeing Stock Jumps on Massive Korean Air Order
FAA EMAS: Proven Safety Wins Since 1996
Air Canada flight attendants try to build on US gains on unpaid work
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Clear intentions, cloudy path: aviation's ongoing ESG challenge
Turkish Airlines is preparing binding offer for Spain's Air Europa, executive says
Air Canada flight attendants approve strike mandate
US criticizes use of AI to personalize airline ticket prices, would investigate
Ethiopian Airlines' annual revenue rises as it draws more passengers, adds routes
Major strike action to hit 12 Spanish airports that have Ryanair flights
JetBlue, United partnership gets go-ahead from U.S. Transportation Department
United-JetBlue partnership gets US DOT approval
Air India Warned Over Crew Fatigue and Training Failures Following Fatal Crash
Heathrow Chief Defends £50–60 billion Third Runway Amid Rising Costs Debate
New UK airline with cheap US fares is ‘parked’ after just TWO flights – with people fearing it’s been scrapped for good
US carriers shamed in surprising new list of the world’s ‘cleanest’ airlines
Air Force Pilot Wasn't Alerted to Collision Course with Passenger Jet Before Scary Near Miss, Says Official
Transportation Secretary Sean Duffy may deny flights from Mexico over broken aviation agreement
Plane Makes Emergency Landing After ‘Unruly’ Passenger Attempts to Open Exit Door Mid-Flight
American Airlines Launches Ultra‑Long‑Haul DFW–Manila Flights
Thousands of flights canceled or delayed across America's busiest airports
Summer flight delays to be 'worst ever' this year - what to do if affected
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

Flying Food Group awards scholarships to five applicants in 2025

Flying Food Group, Inc. has announced the recipients of its 2025 scholarships, with all five applicants receiving awards this year.

Oct 23, 2025

Dnata and Silk Way Group form joint venture for aviation hub in Azerbaijan

Dnata, a global provider of air and travel services, has entered into a joint venture with Azerbaijan’s Silk Way Group to launch ground handling and cargo operations at Alat International Airport, located in the Alat Free Economic Zone in Baku.

Oct 22, 2025

Delta Air Lines updates app with new features for holiday travel

Delta Air Lines has announced the release of version 7.5 of its mobile app, introducing new features aimed at making travel planning and management easier for customers during the holiday season.

Oct 22, 2025

Fair Work Commission awards $36,468 to former dnata worker over unfair dismissal

The Fair Work Commission has ruled that a former employee of dnata Airport Services was unfairly dismissed and awarded $36,468.39 in compensation.

Oct 22, 2025

Delta Air Lines sponsors breast cancer awareness walk in Ghana

The 13th Annual Breast Care International Walk for the Cure took place in Kumasi, Ghana, drawing around 30,000 participants, including survivors, healthcare professionals, students, traditional leaders, and advocates.

Oct 22, 2025

LAX closes Terminal 5 for redevelopment as MSC South opens

The Los Angeles International Airport (LAX) has announced the closure of Terminal 5 to allow for a significant redevelopment.

Oct 22, 2025

Aviation Comments
Loading...

No comments available.

Trending
1

Flying Food Group's SFO Facility hosts successful Breast Cancer Awareness Day with community support

2

Flying Food Group HR manager on wage increases: 'Unite Here has still not responded to Flying Food Group'

3

Fair Work Commission awards $36,468 to former dnata worker over unfair dismissal

4

Flying Food Group SEA facility recognized for quality assurance by Seattle Port Authority

5

Flying Food Group celebrates employees with appreciation event at SFW facility