As part of its strategy to address financial difficulties, Spirit revealed a $519 million deal to sell 23 Airbus A320ceo and A321ceo aircraft to GA Telesis, a global provider of aircraft maintenance ...

The idea of two new Spirit of Tasmania vessels berthed at Edinburgh or Glasgow for about two years might sound farcical, but at this stage, it appears to be the most likely outcome. Photo shows A ...

GA Telesis celebrated the acquisition on Friday, noting that it will significantly boost its fleet portfolio. And Spirit expects the sale’s proceeds, combined with discharging related debt, to benefit ...

JETBLUE, SPIRIT AGREE TO TERMINATE MERGER OVER REGULATORY ISSUES The company estimated that the net proceeds of the sale, in combination with discharging the Aircraft-related debt from its balance ...

Meanwhile, Spirit expects the proceeds from the sale, along with discharging related debt, to benefit its liquidity by $225 million through the end of next year. Spirit failed to return to ...

Spirit Airlines announced in a regulatory filing it would sell some of its older planes and eliminate jobs to reduce costs, causing shares of the budget airline—which dropped after reports the ...

Spirit Airlines has announced a significant aircraft sale to GA Telesis, expected to boost its liquidity by $225 million by the end of 2025. Despite a planned reduction in capacity due to the sale ...

And Spirit expects the sale's proceeds, combined with discharging related debt, to benefit its liquidity by $225 million through the end of 2025. Shares for Spirit climbed 25%, to $3.01 ...

The agreement has been made with GA Telesis, a company that specializes in aircraft sales, leasing, distribution, and maintenance. Spirit says that the sale would give it approximately $225 million in ...

In its most recent earnings statement in August, Spirit said it had a fleet of 210 planes, meaning the airline is selling more than 10% of its total aircraft. Related stories The sale is set to ...