SPIRIT AIRLINES

Stephen Costley June 01, 2026

SPIRIT AIRLINES secured US Bankruptcy Court approval for $275m DIP financing package, secured by planned sale of 20 A320 Family aircraft to CSDS Asset Management; aircraft transaction is valued at approximately $553.5m.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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