Spirit secures $475 million DIP financing
Spirit Airlines has secured a multi-tranche debtor-in-possession (DIP) financing facility of up to $475 million, the airline said on September 30, 2025.The financing was secured from its existing bond...
Spirit Airlines has secured a multi-tranche debtor-in-possession (DIP) financing facility of up to $475 million, the airline said on September 30, 2025.The financing was secured from its existing bond...
Spirit Airlines will receive a $150 million liquidity infusion from its largest lessor, AerCap, bankruptcy court documents revealed today (September 30).As previously reported, the two parties had sig...
Amid its Chapter 11 restructuring, US low-cost carrier Spirit Airlines has reached a tentative agreement with AerCap to reduce the number of its leased aircraft with the lessor, according to bankruptc...
AerCap has received approximately €112 million ($130.3 million) in insurance settlement proceeds tied to eight aircraft previously leased to Russian carriers AirBridgeCargo Airlines and Atran as of Fe...
AerCap signed 71 lease agreements during the second quarter of the year, including eight widebody aircraft, 32 narrowbodies, 13 engines and 18 helicopters.The lessor also completed 21 purchases: these...
The world’s largest aircraft lessor AerCap is entitled to recover a claim of over $1bn from insurers, after it “lost” aircraft in Russia following the country’s 2022 invasion of Ukraine. The ruling, m...
AerCap said on April 16, 2025, that at its annual general meeting of shareholders (AGM), Victoria Jarman was appointed as a non-executive director of the company’s board. At the meeting, both chairman...
AerCap leased, purchased and sold a total of 203 assets during the first quarter of 2025, the company revealed in an operational report on April 4, 2025.The lessor signed a total of 112 lease agreemen...
Frontier Airlines has taken delivery of its latest A321neo aircraft, marking the completion of a nine-aircraft lease agreement with AerCap.This latest delivery brings the total number of A320neo famil...
Irish prime minister Micheal Martin has emphasised the significance of the Irish aviation sector's investments in the US, during an annual St Patricks Day meeting at the White House.During a meeting w...
South African Airways (SAA) has added two leased A320s to its fleet, taking its total number of aircraft to 20.The two aircraft, leased from Dublin based AerCap, are part of a plan to expand the airli...
During 2024, Dublin-based lessor AerCap signed 496 lease agreements, completed 150 purchases and 186 sale transactions, totalling $17.5 billion.Through the year, the lessor repurchased 16.8 million sh...
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