A bankruptcy court approves the sale of Spirit’s final 27 Airbus jets.

Aero-News reported that a lender-controlled entity will acquire 23 aircraft for $567.4 million, largely through a credit against debt, while FTAI Aircraft Leasing Bermuda will pay $100.7 million in cash for four A321s.

The aircraft were built between 2015 and 2018 and use V2500 engines. Spirit’s advisers contacted 137 potential buyers; eight submitted bids, with FTAI providing the only qualifying offer above the lenders’ bid for part of the portfolio.