
Credit: Mario Tama / Getty Images
Spirit Airlines has reached a compensation agreement for aircraft grounded due to geared turbofan (GTF) engine issues. Under the terms, Spirit will receive a monthly credit through the end of 2025 for each related aircraft on the ground (AOG). It values the agreement between an estimated $150...
Subscription Required
Spirit Airlines Secures New Agreement For GTF Compensation is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.