Spirit's abandoned planes are being repo'd and flown to Arizona — and their $20M engines may be the real prize

With the collapse of Spirit Airlines, there's now the question of what happens to the company's assets — especially its aircraft. And it's no ordinary repo operation when an airline goes out of ...

More than 90 Spirit Airlines aircraft with $20M parts were abandoned at airports — here's why retrieving and selling them is a challenge

With the collapse of Spirit Airlines, there's now the question of what happens to the company's assets — especially its aircraft. And it's no ordinary repo operation when an airline goes out of ...

Meet the pilots flying Spirit Airlines' yellow jets to the desert

When Spirit Airlines shut down before dawn on May 2, work for pilot Steve Giordano was just beginning. Giordano, managing partner of the Nomadic Aviation Group, told CNBC he organized a massive ...

Repo Man Had 'Six Hours To Find 20 Pilots' While Seizing Jet Aircraft From Bankrupt Spirit Airlines

Repossessing a jet isn't quite as straightforward as a car, it turns out.

Here's where Spirit Airlines' planes ended up after the company abruptly shut down

Ever wonder what happens to abandoned Spirit Airlines planes? One man in Arizona was tasked with repossessing them. (Mike Stocker/South Florida Sun-Sentinel via AP) ...
The Australian Financial Review

Bonza in crisis after planes repossessed

Bonza has appointed a voluntary administrator to run the discount regional airline after the company behind its aircraft provider repossessed its planes in Australia leaving thousands of passengers ...