Report: Spirit Cleared to Sell 27 Aircraft for $668 Million

The deal covers Spirit’s last major aircraft portfolio.

Zach Vasile

Saturday, September 26, 2026 at 08:00 AM ET

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Edited By:

Ryan Ewing

A Spirit Airbus A321. (Photo: Shutterstock | Skycolors)

Key Takeaways:

A U.S. bankruptcy court judge approved Spirit Airlines' plan to sell 27 Airbus A320-family aircraft for approximately $668 million.
Most of the aircraft (23) will be sold to an entity controlled by some of Spirit's bondholders, with the remaining four going to an affiliate of FTAI Aviation.
These aircraft were Spirit's most valuable remaining assets, as the defunct airline continues to liquidate its property, equipment, airport gates, and real estate since ceasing operations in May.

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A U.S. bankruptcy court judge has signed off on Spirit Airlines’ plan to sell 27 Airbus A320-family aircraft for around $668 million.

According to Bloomberg, 23 of the aircraft will go to an entity controlled by some of Spirit’s bondholders, while the other four will go to an affiliate of FTAI Aviation. FTAI handles aftermarket jet engine repair and maintenance, and also leases aircraft and related equipment.

The 27 aircraft were the most valuable property still on Spirit’s books, according to Bloomberg. The defunct airline has been selling off its remaining assets, including airplanes, equipment, airport gates, and real estate, since going out of business in May.

A small core of about one hundred employees is managing the liquidation.

In August, the company sold its former headquarters in Dania Beach, Florida, for $93 million.