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Steve Giordano

👤 Speaker
17 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
Meet the Repo Man Retrieving Spirit’s Planes Around the U.S.

It's not like anybody can just go to an airport and say, I'm here to repossess a Spirit airplane.

WSJ What’s News
Meet the Repo Man Retrieving Spirit’s Planes Around the U.S.

It's not like anybody can just go to an airport and say, I'm here to repossess a Spirit airplane.

WSJ What’s News
Meet the Repo Man Retrieving Spirit’s Planes Around the U.S.

I mean, let's hope, right?

WSJ What’s News
Meet the Repo Man Retrieving Spirit’s Planes Around the U.S.

So the security is tight, and we had to find the right people involved, collect documents, and then be in touch with our clients' legal departments to get powers of attorney, letters, orders from the courts.

WSJ What’s News
Meet the Repo Man Retrieving Spirit’s Planes Around the U.S.

In cases, we had to present them to county sheriffs to gain access.

NPR News Now
NPR News: 05-09-2026 2PM EDT

Spirit doesn't actually own most of the planes it flew.

NPR News Now
NPR News: 05-09-2026 2PM EDT

The majority, more than 60 planes, nearly two-thirds of its active fleet, were leased.

NPR News Now
NPR News: 05-09-2026 2PM EDT

And the owners want those planes back.

NPR News Now
NPR News: 05-09-2026 2PM EDT

Steve Giordano is the managing partner of the Nomadic Aviation Group.

NPR News Now
NPR News: 05-09-2026 2PM EDT

He says the first challenge for companies that are trying to repossess Spirit's planes is

NPR News Now
NPR News: 05-09-2026 2PM EDT

is just getting to them.

NPR News Now
NPR News: 05-09-2026 2PM EDT

Right now, they're parked at the gate or wherever they happen to be when Spirit went out of business.

NPR News Now
NPR News: 05-09-2026 2PM EDT

Some, nobody knows.

NPR News Now
NPR News: 05-09-2026 2PM EDT

Spirit is also looking to monetize anything it can.

NPR News Now
NPR News: 05-09-2026 2PM EDT

Planes, engines, gates, even coveted landing slots at congested airports.

NPR News Now
NPR News: 05-09-2026 2PM EDT

The biggest problem may be timing.

NPR News Now
NPR News: 05-09-2026 2PM EDT

Joel Rose, NPR News.