Judge Sean H Lane of the US Bankruptcy Court for the Southern District of New York has authorised Spirit Airlines (NK, Fort Lauderdale International) to follow through with its plan to sell surplus A320-200s and A321-200s to GA Telesis, although the interim order covers only five aircraft.
The carrier will have to seek separate authorisation to enter subsequent transactions after 30 days.
The court ruled that GA Telesis’ offer for the aircraft was “fair and reasonable” and “the highest and best offer” Spirit…
Source: ch aviation
Read more: Spirit Airlines authorised to sell five A320s to GA Telesis