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Spirit Airlines Seeks Sale/Leaseback for Four A321neos

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.

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SMBC Aviation Capital Delivers First A220-300 to Breeze Airways

SMBC Aviation Capital, a leading aircraft leasing company based in Ireland, has announced the delivery of the first Airbus A220-300, serial 55318, to Breeze Airways, a rapidly expanding US-based airline. This aircraft is the first of three A220-300s scheduled for delivery under their leasing agreement.

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Breeze Airways CEO Predicts Industry Consolidation in 2025

Breeze Airways (US) CEO David Neeleman has forecasted significant changes in the airline industry, predicting further consolidation in 2025 and beyond. Neeleman noted the likelihood of bankruptcy filings and even potential mergersoccurring within the next year as airlines face mounting financial and operational pressures.

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CDB Aviation Completes Sale of Two A330-200s to National Airlines

CDB Aviation (Ireland) has successfully completed the sale of two Airbus A330-200 aircraft to National Airlines (US). The transaction was finalized with the delivery of the second aircraft, both powered by Trent 800 engines, marking a significant milestone in the leasing company’s portfolio management.

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Spirit Airlines Reports Increased 3Q 2024 Losses

Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.