GECAS closes sale-leaseback deal on one A320neo with Frontier

Lauren Eldershaw
By Lauren Eldershaw December 31, 2018 11:50

GECAS closes sale-leaseback deal on one A320neo with Frontier

GECAS has delivered it’s eleventh A320 neo to Frontier via sale-leaseback (with commitments for an additional five in 2019). The initial delivery in October 2017 marked Frontier’s first neo and subsequent deliveries make Frontier the first operator of a Leap-powered A320neo to be delivered out of Mobile, AL.

GECAS has previously financed nine A321ceos with Frontier. The additional sixteen A320neo’s signify GECAS’ commitment and long-term relationship with the airline.

“Working with GECAS to introduce the LEAP-powered neo to our fleet has provided us the ability to support our growing fleet requirements with the latest technology and fuel efficiency,” said Robert Fanning, Director of Fleet Transactions at Frontier Airlines.

“Our relationship with Frontier continues to be a remarkable partnership,” says GECAS’ SVP of US Sales & Marketing, James Wenning, “one that we are honored to have and look forward to continuing for years to come.”

Lauren Eldershaw
By Lauren Eldershaw December 31, 2018 11:50