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flag Spirit Airlines to auction 20 aircraft in April 2026 as part of Chapter 11 restructuring, with a $533.5 million floor price.

flag Spirit Airlines plans to auction 20 Airbus A320 and A321 aircraft in April 2026 to reduce costs and restructure under Chapter 11, with CSDS Asset Management as the stalking horse bidder setting a $533.5 million floor price. flag The airline, which recently secured $475 million in debtor-in-possession financing and resolved disputes with AerCap, aims to streamline operations and emerge with a fleet of 94 narrowbody aircraft. flag A separate $519 million sale to GA Telesis for 23 aircraft is also underway, with deliveries by February 2025 and expected liquidity gains of $225 million.

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