Agreement signedPublished 19 Jan 2023

Gryphon Trading Company, LLC /
Spirit Airlines, Inc.

Gryphon Trading Company to purchase aircraft from Spirit Airlines, Inc.

Price
$152m
Stage
Agreement signed
Buy side: Gryphon Trading Company, LLC
Buy sideGryphon Trading Company, LLC
Target: Spirit Airlines, Inc.
TargetSpirit Airlines, Inc.
Source · 19 Jan 2023
Buy side: Gryphon Trading Company, LLC
Buy sideGryphon Trading Company, LLC
Target: Spirit Airlines, Inc.
TargetSpirit Airlines, Inc.
01 / BuyerGryphon Trading Company, LLC
02 / TargetSpirit Airlines, Inc.
01

What happened

Spirit Airlines, Inc. agreed to sell 29 unencumbered A319ceo aircraft powered with V2500 engines to Gryphon Trading Company, LLC. The agreement was dated Jan. 13, 2023.

The aggregate price ranges between approximately $152 million and $201 million, depending on specified price adjustments. Deliveries are anticipated to begin in the first quarter of 2023 and continue through the third quarter of 2024.

02

The source

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01
Source · Original source

Gryphon Trading Company to purchase aircraft from Spirit Airlines, Inc.

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