Spirit Airlines Nets $419M Cash From Sale, Leaseback

Spirit Airlines
Credit: Joe Pries
Spirit Airlines has completed a series of sale and leaseback transactions covering 25 aircraft. The transactions, announced in a Jan. 3 filing, allow the airline to repay roughly $465 million of debt on the aircraft, while netting cash proceeds of approximately $419 million. According to the...
Christine Boynton

Christine Boynton is a Senior Editor covering air transport in the Americas for Aviation Week Network.

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