Originally Posted by FormerNK

Simple Flying article. 2 days ago. I misquoted one thing - 14 engines, not 15. Apologies. Here’s the relevant part of the article:

To obtain the facility, Spirit Airlines pledged its New York LaGuardia Airport (LGA) slots, at least 14 aircraft engines, and eligible spare parts, which are defined as ‘core collateral.’ Meanwhile, eligible collateral includes eligible aircraft, engines, spare parts, slots/takeoff rights at New York-LaGuardia and Ronald Reagan Washington National Airport (DCA), cash or cash equivalents, flight simulators, ground support equipment, or real estate assets.