# Spirit Airlines' bankruptcy is leading to fresh cases of near-new A320neos being dismantled for parts.

*aerospace · news · 2026-05-08 · The Manila Times*

## Key points

- Spirit Airlines' bankruptcy is leading to near-new A320neo aircraft being dismantled for parts.
- Removed GTF engines from Spirit's A320s are being leased to customers, supporting grounded aircraft elsewhere.
- GTF engine leasing rates have not declined despite the influx of engines from Spirit’s fleet.
- Dismantled Spirit aircraft are expected to ease next-gen engine shortages but only provide limited, temporary relief.
- Bankruptcy court has allowed Spirit to expedite its liquidation, speeding up aircraft and engine sales.

**Companies:** Airbus, Spirit Airlines, Pratt & Whitney, AerCap, Willis Lease Finance Corp, KP Aviation, EirTrade Aviation, RESIDCO, Allewelt Aviation Consulting GmbH
**Countries:** United States, Germany, Ireland

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/05/09/business/spirit-airlines-grounding-could-help-ease-shortages-in-tight-engine-market/2339782)

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