Skift Take
Spirit Airlines is looking for more ways to boost its balance sheet. The aircraft sale would considerably decrease Spirit’s capacity for 2025.
Spirit Airlines said Thursday that it entered a commitment to sell 23 Airbus A320s and A321s in a deal valued at approximately $519 million as it looks for ways to shore up its liquidity.
The agreement is with GA Telesis, a firm that specializes in aircraft sales, leasing, distribution and maintenance facilities, according to a regulatory filing.&