Spirit Airlines requests court approval to sell 20 Airbus jets for 533 million dollars

Spirit Airlines is seeking a court-approved auction for 20 Airbus jets to cut costs and repay debt. CSDS Asset Management has offered 533.5 million dollars.

Insights:
Spirit Aviation Holdings asked a US USUS bankruptcy judge at the U.S. Bankruptcy Court in New York on February 11, 2026, to approve a bidding process for an auction and potential sale of 20 Airbus A320/A321 aircraft. The request is intended to shrink the company's fleet and align its assets with a redesigned commercial and network plan.
Spirit Airlines airplanes taxi on the tarmac at New York's LaGuardia Airport after the FAA ordered flight cuts at 40 major airports during the ongoing U.S. government shutdown in Queens, New York, on November 7, 2025. REUTERS/Ryan Murphy/File Photo
Spirit Airlines airplanes taxi on the tarmac at New York's LaGuardia Airport after the FAA ordered flight cuts at 40 major airports during the ongoing U.S. government shutdown in Queens, New York, on November 7, 2025. REUTERS/Ryan Murphy/File Photo
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