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How Aircraft Sale and Leaseback Transactions Work

In the world of commercial aviation, an airline may not always own all the aircraft that it flies. In some cases an airline will purchase aircraft through various financing mechanisms and other times it may lease aircraft from lessors for…

JetBlue, Spirit Comment on Merger Blockage

JetBlue Airways has responded to a federal judge’s Tuesday decision to block its merger with Spirit Airlines. Judge William Young agreed with the Justice Department’s argument that removing Spirit Airlines would reduce customer choice and competition, thus limiting competition and…

Judge Blocks JetBlue, Spirit Merger

In a big win for President Joe Biden’s Justice Department, a federal judge has blocked the merger between JetBlue Airways and Spirit Airlines. The Justice Department sued to block the merger soon after it was announced, arguing that it was…

The Low-Cost Carriers’ Pilot Attrition Problem

In the latest iteration of the pilot shortage saga, some U.S. low-cost carriers (LCCs) are facing additional headwinds. Most notable among them is Southwest, which – according to the company’s COO Andrew Watterson — is seeing an increase in pilots…

Spirit Adds Tenth Pilot Pathway Partner

Virginia-based Liberty University has announced a new partnership with Spirit Airlines, becoming the tenth institution to join the ultra-low-cost carrier’s Spirit Wings Pilot Pathway program. Aimed at growing Spirit’s professional pilot pipeline, the program accepts applications from faculty-recommended students pursuing…