AviLease delivers 4 Airbus A321neo aircrafts to Frontier Airlines

Aircraft financing and leasing company AviLease announced the completion of the delivery of the first four Airbus A321 Neo aircraft leased to the low-cost airline Frontier Airlines, based in Denver, out of six of the new generation that will be delivered during 2024.

The Airbus A320neo is distinguished as one of the most narrow-body aircraft on the market, achieving fuel efficiency and sustainability in addition to its advanced technologies. The deliveries contribute to driving the pace and acceleration of growth of AviLease, which seeks to create a diversified portfolio of the latest narrow-body aircraft. Narrow and wide range of the new generation, in addition to enhancing the ever-growing customer portfolio.

AviLease CEO Edward O’Brien said: “We are pleased to deliver the first four new Airbus A321neo aircraft to Frontier Airlines. Our partnership with Frontier has witnessed significant development and we are proud to support its fleet modernization programmes. We wish the company’s team continued success in their commitment to providing flights.” Reliable and affordable airfare for their customers.”

AviLease works to meet and realize the aspirations of the Public Investment Fund, which is to unleash the capabilities of priority sectors, which would provide support towards diversifying the economy of the Kingdom of Saudi Arabia and contribute to the growth of non-oil GDP. In addition, the company supports the thriving aviation sector and enables it to drive Financial sustainability within the aviation sector ecosystem, in line with Vision 2030. AviLease will continue its efforts to stimulate local economic opportunities and create direct and indirect job opportunities in the aviation and financial sectors.

The latest delivery is a clear indication of the rapid global expansion of AviLease, which undertakes the mission of providing sustainable and efficient leasing and financing services to airlines around the world, and plays a major effective role in expanding the scope of the aviation sector ecosystem in the Kingdom.