S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Frontier Airlines Offloads 11 Airbus Jets to Avolon

Frontier Group is shedding a portion of its incoming fleet, striking a deal to sell 11 Airbus A321neo aircraft to Avolon Leasing Ireland 3. The agreement, finalized late last month, marks a strategic pivot for the carrier as it recalibrates its expansion plans to prioritize higher operational productivity.

Frontier Airlines Offloads 11 Airbus Jets to Avolon

The delivery schedule for these jets spans several years, with three aircraft slated to arrive in the fourth quarter of 2024 and the remaining eight expected throughout the first half of 2027. Frontier is offloading the planes at current market rates, an accounting move that accounts for anticipated transition and remarketing expenses.

This divestment is a central component of the airline’s broader effort to right-size its operations. Following the sale, Frontier anticipates taking delivery of 22 new planes this year, positioning the company to finish 2026 with a total fleet of 171 aircraft.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!