A U.S. bankruptcy court approved Spirit Airlines' sale of two Chicago O'Hare gates — G8 and G10 — to American Airlines for $30 million, court filings show. The previously undisclosed deal, revealed in Chapter 11 proceedings, follows a contentious reallocation in which American recently lost four ORD gates to United.
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The deal immediately reallocates hub capacity at O'Hare: American gains two gates (G8, G10) for $30 million, changing gate distribution and schedule resilience after it recently lost four ORD gates to United in a separate reallocation (see court ruling context: https://hype.aero/?story=527ecfdd-52b1-4161-b461-9652b8bc1a5b).
The sale is a direct consequence of Spirit's Chapter 11 restructuring and asset disposals, and should be viewed alongside its lease rejections and court-approved financing that are shrinking the carrier's network and capacity (see restructuring and lease-rejection context: https://hype.aero/?story=9d1e094c-8a7c-4ad4-b1df-515621d7654a and DIP financing: https://hype.aero/?story=f8bf8082-2861-4853-9c44-9732e6ded4cd).
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American Buys Two O'Hare Gates From Spirit Airlines for $30M • Aviation Week
Spirit Airlines to sell two Chicago O'Hare gates to AA • ch-aviation
View from the Wing
• Gary Leff