The sale of Spirit's A320neo fleet may indicate a shift in the used aircraft market, which could benefit lessors and airlines looking for affordable options. This development suggests a potential increase in the availability of used A320neo aircraft, which may impact the market dynamics and pricing for these aircraft.
Used Aircraft Market Sees Boost From Spirit Fleet Sale
When Spirit Airlines shut down in early May, its fleet of 114 aircraft, including 66 leased and 48 owned, became available for sale. The US Bankruptcy Court recently approved the sale of 20 A320-family aircraft to CSDS Asset Management, which is expected to feed the A320neo USM market. The airline had rejected its leases from 15 lessors on May 8. This development was reported by Aviation Week.
The sale of Spirit's A320neo fleet may indicate a shift in the used aircraft market, which could benefit lessors and airlines looking for affordable options. This development suggests a potential increase in the availability of used A320neo aircraft, which may impact the market dynamics and pricing for these aircraft.
Used Aircraft Market Sees Boost From Spirit Fleet Sale
When Spirit Airlines shut down in early May, its fleet of 114 aircraft, including 66 leased and 48 owned, became available for sale. The US Bankruptcy Court recently approved the sale of 20 A320-family aircraft to CSDS Asset Management, which is expected to feed the A320neo USM market. The airline had rejected its leases from 15 lessors on May 8. This development was reported by Aviation Week.