Air Lease Corporation (ALC) has established long-term lease agreements with US-based ultra-low-fare carrier Frontier Airlines for two new Airbus A321-200s.
The aircraft are from ALC’s order book with Airbus and will be delivered in the fourth quarter of 2018.
“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 modernise their expanding fleet and grow their network,” said Steven F. Udvar-Házy, Air Lease Corporation’s executive chairman.
Barry Biffle, president and CEO for Frontier Airlines said the airline looked forward to continuing to work with ALC to achieve its goals, adding: “These additional aircraft help pave the way for us to modernise and renew our fleet while helping us build a strong foundation for the future.”
This agreement follows two new A320-200s delivered from the lessor to the airline in 2016.