(Reuters) – Spirit Airlines’ said on Friday it will get a monthly credit from International Aero Engines through the end of 2024 as compensation for Spirit being unable to use aircraft with engine issues.
The carrier said in a filing with the U.S. Securities and Exchange Commission the agreement would boost liquidity by between $150 million and $200 million. The engine maker is an affiliate of RTX Corp’s Pratt & Whitney.
(Reporting by Arsheeya Bajwa in Bengaluru; Editing by David Gregorio)
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