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Other News - 08/31/2005

Spirit Airlines selected the IAE V2500 to power three A321s. The deal, including a long-term fleet hour agreement, was valued at more than $50 million by IAE. The A321s are in addition to 15 firm orders already placed by Spirit, according to IAE. The Florida-based LCC also has options on 47 aircraft and plans to lease an additional 20 A320 family aircraft.

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