A Quick Note on Spirit’s neo Order
Spirit Airlines has become the latest US-based carrier to become an Airbus A320neo customer, joining other airlines like Virgin America, JetBlue, American, and Republic/Frontier. The Florida-based airline announced this week that it signed an MOU with Airbus for 75 A320-family aircraft, 45 of which will be neos. An SEC filing about the order had an interesting detail about the leases on a large part of Spirits fleet that I thought was worth noting (bolded):
On November 15, 2011, Spirit Airlines, Inc. (the “Company”) jointly announced with Airbus that it had entered into a Memorandum of Understanding (“MOU”) for a significant addition to the Company’s existing aircraft purchase order with Airbus. The MOU,
November 18, 2011
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Posted by Sarah Miles
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