Smith, Gambrell & Russell Client Spirit Airlines Completes the Final of Six Airbus Aircraft Deliveries from Jackson Square Aviation

Press Release

February 5, 2020

PR Spirit Jackson Sq

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 in the transactions, the first which closed in September 2019 and the sixth in December 2019. Delivery of these six new Airbus A320NEO aircraft confirm Spirit's commitment to operate one of the youngest and most fuel-efficient fleets in the U.S.

SGR’s legal team was led by Partner Donald Mitchell along with Associate Erin McCallum of the Atlanta Global Transport Practice. Paralegal Therese Callahan in SGR’s New York office also assisted. The new Airbus A320NEO aircraft are six of the more than 20 lease transactions on which SGR has represented Spirit over the past year.

About Spirit Airlines
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows every Guest to pay only for the options they choose — like bags, seat assignments and refreshments — something we call À La Smarte. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. Spirit currently serves more than 600 daily flights to 77 destinations in the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving the communities they serve. Come save with us at www.spirit.com. At Spirit Airlines, we go. We go for you.

About Smith, Gambrell & Russell, LLP
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 250 attorneys provide legal counsel in more than 45 specialized practice areas, including aviation, corporate transactions, litigation, intellectual property, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta; Austin; Jacksonville; London; Los Angeles; Miami; Munich; New York; Southampton, U.K; and Washington, D.C.