Thread: Attrition
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Old 01-06-2024 | 08:51 AM
  #3828  
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Excargodog
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Originally Posted by Marvin2222
https://www.bizjournals.com/southflorida/news/2024/01/04/spirit-airlines-25-aircraft-sale-leaseback-500m.
html

does any one have a subscription to this page?

I assume they’re talking about the 319’s?
Probably not. The 319s are going away. These are sale leasebacks. It's not uncommon. You sell the planes and lease them back, freeing up cash at the cost of paying lease fees. Then you use the money received to buy more aircraft oe equipment. Scarcely unique to NK, most airlines have some leasebacks.
https://www.mototok.com/blog/top-10-...sing-companies
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