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Spirit Airlines Projects Fleet Growth to 196 Aircraft by End of 2025

Spirit Airlines, the ultra-low-cost carrier based in the United States, has outlined its fleet development plan for 2025, projecting an increase from 192 aircraft at the end of 2024 to 196 by the close of 2025. The net growth follows a strategic adjustment involving the retirement of two Airbus A319s in the first quarter of 2025, and the expected delivery of six…

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Frontier Airlines Takes Delivery of New A321neo

Frontier Airlines, a leading ultra-low-cost carrier in the United States, has taken delivery of a new Airbus A321neo, bearing serial number 12394 and powered by PW1133G-JM engines. This latest addition reinforces the airline’s ongoing fleet modernization efforts, centered on fuel-efficient, next-generation aircraft.

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Crestone Acquires B737-800 and B737-700 on Lease with Sunwing and Southwest

Crestone, a U.S.-based aviation investment firm, has expanded its portfolio with the acquisition of two Boeing narrowbody aircraft currently under lease with major North American carriers. The firm has purchased one B737-800, leased to Sunwing Airlines of Canada, and one B737-700, leased to Southwest Airlines in the United States.

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Spirit Airlines Completes $215M Class B Pass Through Certificate Offering

Spirit Airlines, a major U.S.-based ultra-low-cost carrier, has successfully completed a private offering of its Class B® Pass Through Certificates, Series 2025-1B®, with an aggregate face amount of US$215 million. The offering represents another strategic move to bolster the airline’s financial flexibility as it navigates current industry challenges and positions itself for long-term sustainability.

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Aero Capital Solutions Closes $936M Fund, Targets $3.5B Deployment

Aero Capital Solutions (ACS), based in the United States, has announced the final closing of its fourth and largest aviation investment vehicle to date, securing total aggregate equity commitments of US$936 million. The fund underscores the growing investor appetite for aviation assets and ACS’s expanding role as a major player in the aircraft leasing and investment…

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United Airlines To Retire 21 Aircraft Early In 2025

United Airlines has announced plans to retire 21 aircraft earlier than scheduled in early 2025 as part of a broader cost-saving strategy. This decision follows internal projections of lower-than-anticipated Q1 profitability, prompting the airline to optimize its operations and preserve cash. While specific aircraft types have not been disclosed, the move is expected to be cash-positive in the current fiscal year.

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Southwest Airlines Completes Sale-Leaseback for 36 B737-800s

Southwest Airlines, the largest low-cost carrier in the United States, has announced a sale-leaseback transactioninvolving 36 Boeing B737-800s. The deal, conducted with aircraft management firm BBAM, aligns with Southwest’s strategy to monetize the surplus value of its exclusively all-B737 fleet.