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

When an airline goes out of business, dealing with its aircraft is no ordinary repo operation.
Jalopnik

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

People who are behind on their car payments aren't the only folks who might see the repo man, they also come for leased aircraft after the carrier has gone out of business. The sudden demise of Spirit ...

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 ...

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 ...