Originally Posted by
CincoDeMayo
Im not talking about grounded NEOs
As reported by the CNBC article, lessors are shopping all planes under lease for Spirit. If NK files CH11, again, the plane lessor doesn’t need to renegotiate to Spirits terms and can ask the judge to move those planes to a carrier in waiting
or if they file Ch7, they have airlines ready for the planes.
Even ol Barry Biffle put a video out about Spirits assets coming on the market. Which I do find ironic that he would be talking about the demise of one ULCC, as his own ULCC has issues at hand too…whistling through the graveyard.
What exactly is the global market going to do with a bunch of ULCC configured A320s?
I thought it was expensive and time consuming to make these A/C more functional for the real airlines.
All that said, I think the leasing companies are in for a rough ride either way. Sucks to be them!