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Spirit Airlines, which filed for voluntary Chapter 11 bankruptcy on November 18, has been actively engaged in asset reduction to manage its financial challenges. As part of these efforts, the airline entered into several aircraft sale and sale-and-leaseback agreements.
On October 24, Spirit Airlines announced a transaction with GA Telesis involving the sale of 23 Airbus A320ceo and A321ceo aircraft. These planes were delivered by Airbus between 2014 and 2019. GA Telesis plans to "market these aircraft to its extensive global customer base for continued commercial airline operations." The deal is expected to improve Spirit's liquidity by approximately $225 million by the end of 2025.
The United States Bankruptcy Court for the Southern District of New York provided documentation that included the manufacturer serial numbers (MSN) of these aircraft. This allowed for cross-referencing with registration data from ch-aviation.
