Spirit Airlines, a major US-based low-cost carrier, has filed a motion to initiate sale/leaseback transactions with JSA International US Holdings. These transactions involve up to four Airbus A321neo aircraft, serials 12324, 12330, 12333, and 12425, currently scheduled for delivery to Spirit between December 17, 2024, and April 2025.
GOL Linhas Aéreas Inteligentes (Brazil) has entered into two sale-leaseback agreements with SKY Aero Management (Ireland) for three Boeing 737 MAX 8 aircraft. This strategic move is part of GOL’s fleet optimization and financing strategy, leveraging sale-leaseback arrangements to maintain operational flexibility and liquidity.
CDB Aviation (Ireland) has successfully closed a sale/leaseback transaction for one Airbus A350-900 with Air France, a longstanding airline customer. This agreement highlights the ongoing collaboration between the lessor and the carrier, further strengthening their strategic partnership.
Lufthansa has entered into a $400 million sale-leaseback agreement with an undisclosed lessor, covering three Airbus A321neo and five A320neo aircraft currently operated by Eurowings, its subsidiary in Germany. This strategic move provides Lufthansa with increased flexibility and liquidity while retaining operational control of these modern, fuel-efficient aircraft within the Eurowings fleet.
Wizz Air, based in Hungary, has provided insights into its sale/leaseback plans, forecasting a moderate increase in activity for 3Q and 4Q compared to 2Q, followed by a substantial ramp-up in fiscal 2026 as more transactions come into effect. The airline’s sale/leaseback strategy is designed to support fleet flexibility and financial liquidity, helping Wizz Air to manage capital costs effectively as…
Lufthansa, Germany’s flagship airline, is intensifying its efforts to raise liquidity by the end of 2024 through the sale/leaseback (SLB) of an additional nine A320neo and A321neo aircraft. This financial strategy allows Lufthansa to free up cash while retaining operational use of these aircraft, supporting the airline’s liquidity needs amidst ongoing market pressures. Lufthansa has previously employed this approach, raising $247 million during…
Frontier Airlines, a US-based low-cost carrier, has arranged to finance nine A321neo aircraft through a sale/leaseback agreement with Avolon (Ireland). Under the terms of the deal, the lease will span 12 years, with an option to extend for an additional two years, offering Frontier flexibility in fleet management and long-term operational planning.
