The agreement calls for four Smartwings Boeing 737-800s to be wet-leased by flydubai, in the third such agreement with the European airline since 2019.
Owners of Catalina Aircraft Trust, plan to revive and update the aircraft as a new Next-Generation transport category turboprop with modern technology.
Spirit Airlines says its exposure to the latest Pratt & Whitney Geared Turbofan (GTF) engine issue is unique and material, and it's having an impact on margins.
While the issue disrupted deliveries to Boeing and impacted revenues, negative impacts will be partially offset by Spirit’s accelerating 737 production line.