Air Lease announced long-term lease agreements with Frontier Airlines, an ultra-low-cost carrier based in the U.S., for two new Airbus A321-200s.
These aircraft are from Air Lease’s order book with Airbus and will deliver in Q4/18. This agreement follows two new A320-200s delivered from Air Lease to the airline in 2016.
“We are pleased to announce these two additional A321-200 lease placements with Frontier Airlines. We look forward to a long-term relationship with Frontier as they continue to add new Airbus aircraft to modernize their expanding fleet and grow their network,” said Steven F. Udvar-Házy, Air Lease’s executive chairman.
“We remain focused on delivering on our mission to provide low fares, nationwide and we look forward to continuing to work with Air Lease Corp. to achieve this goal,” said Barry Biffle, president and CEO for Frontier Airlines. “These additional aircraft help pave the way for us to modernize and renew our fleet while helping us build a strong foundation for the future.”
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!