Florida Air Express FEA

Recent reports indicate that:

• Florida Air Express Airlines has submitted a proposal to acquire Spirit’s aircraft, operating assets, facilities, and potentially rehire employees as part of a plan to launch a new low-cost airline.
• A Treasure Coast entrepreneur has publicly proposed rebranding the operation as “Florida Air Express” if the bid succeeds.
• There are multiple competing bidders, including another proposal from Mooney International, and Spirit’s assets are expected to be sold through the bankruptcy auction process. No winning bidder has been announced yet.

So, the current status is:

• ✅ Florida Air Express is trying to buy Spirit’s assets.
• ✅ A formal proposal has been submitted.
• ❌ The acquisition has not been completed or approved.