Morningstar: Lessors’ Exposure To Spirit Airlines Is Manageable

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Despite Spirit Airlines’ reliance on leased aircraft, lessor specific exposure to the financially distressed ULCC is not large enough to raise any red flags, Morningstar DBRS said in a Jan. 30 research note. Morningstar noted that Spirit leases 67% of its fleet from 18 lessors and a potential...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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