ATLANTA (February 5, 2020) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce that firm client, Spirit Airlines (Spirit), has closed on the sale and leaseback of the final of six new Airbus A320NEO aircraft with Jackson Square Aviation, a full service commercial aircraft lessor. SGR served as legal counsel to Spirit within the transactions, the primary which closed in September 2019 and therefore the sixth in December 2019. Delivery of those six new Airbus A320NEO aircraft confirm Spirit’s commitment to work one among the youngest and most fuel-efficient fleets within the U.S.
SGR’s legal team was led by Partner Donald Mitchell at the side of Associate Erin McCallum of the Atlanta Global Transport Practice. Paralegal Therese Callahan in SGR’s NY office also assisted. The new Airbus A320NEO aircraft are six of the over 20 lease transactions on which SGR has represented Spirit over the past year.
News Source https://newsroom.aviator.aero/