Frontier Airlines Corporation has received the delivery of the final two Airbus A320neo aircraft from Aircastle Limited on August 19. As a part of the partnership with Aircastle, Frontier Airlines had ordered the delivery of four Airbus A320neo. The first of four such aircraft was delivered on June 17 this year. The second aircraft was delivered on July 21. So, these are the final two Airbus A320neo delivered to Frontier through August 2021.
These delivered aircraft consist of CFM leap engines that have installed the latest fuel-efficient low emissions technology to help Frontier Airlines offset the carbon emission while consuming less fuel on flight journey. All of these aircraft were delivered fresh from Airbus’s final assembly plant in Mobile, Alabama.
The four Airbus A320neo aircraft are part of Frontier’s existing order book of around 150 A320 family aircraft on order with Airbus’s giant aircraft manufacturing company. Frontier Airlines has the mission of being America’s Green Airliner. The mission will now be complemented by the fuel-efficient A320neo, which in addition will expand Frontier’s fleet.
Earlier on June 17, Mike Inglese, Aircastle’s Chief Executive Officer, talked about being the valuable and trusted partner to Frontier in the years to come as they continue to grow and prosper. All these aircraft will further the growth and modernization of Frontier’s fleet. Similarly, Frontier Airlines COO and EVP James Dempsey also commented on taking the delivery of four additional aircraft to achieve their promise of ‘Low Fares Done Right’.
Aircastle Limited is an aircraft leasing company that provides aircraft finance and leasing services while acquiring and selling high-utility commercial aircraft to various airlines around the world. Headquartered in Stamford, Connecticut, US, it was founded on October 29, 2004. It serves its clients throughout the world. Employing a balanced approach to investment and capitalization and providing exceptional services to the airline customers and global coverage and market knowledge to the investors, it has its eyes laid upon a long-term investment horizon. It has owned and managed 259 aircraft, has 77 lessees serving 43 countries, and has $6893 NVB (in terms of million) as of May 31, 2021.
Over the past ten years, Aircastle has developed its competitive advantage in a commercial aircraft leasing company with solid execution abilities and sound financials. A Marubeni and Mizuho leasing company is creating opportunities for unique investments.
Frontier Airlines is a US-based budget carrier with its headquarter in Denver, Colorado. Operating a fleet of more than 107 aircraft, the airline flies to the extensive network of over 100 destinations in the US, Latin America, and the Caribbean. It is the subsidiary of Indigo Partners and commenced its operations on July 5, 1994.
Frontier Airlines owns a fleet of Airbus A319-100, Airbus A320-200, and Airbus A320neo and is about to take deliveries of Airbus A321-200, Airbus A321 neo, and Airbus A321XLR.
The airline utilizes one of the most modern and young fleets of aircraft, at an average of 5 years, and they are industry-leading fuel-efficient aircraft as they are powered by CFM leap engines.
New lighter weight seats on Frontier Airlines’ Airbus A320neo
The low-cost carrier Frontier Airlines’ fleet of A320neo, a family of Airbus aircraft, has lighter-weight seats, 30%lighter than the previous seats on A320 aircraft. The airline said that the new aircraft would result in significant fuel savings (31,683 gallons of fuel per year) and added passenger comfort.
According to US Environmental Protection Agency equivalency calculators, the operations of the eventual 156 such aircraft, with the majority of them on orders with Airbus, will eliminate the equivalent of around 642 million plastic bottles from the environment.
The delivery of the Airbus A320neo is the representation of a significant milestone consistent with the airline’s mission of America’s Greenest Airline. The airline has the leading-edge strategy of minimizing the carbon footprint in the environment it operates while at the same time reducing fuel costs so that the cost savings can be passed on to their customers in the form of lower fares. As a budget carrier, it should offer low and unbundled fares while keeping costs down.
The new seats allow extra comfort for the customers as armrests are redesigned, and the tray table is enlarged to provide added space for the customer’s personal devices like laptops, magazines, etc.
Frontier Airlines has assigned A320neos to be the backbone for its future fleet plan as it advances to retire old aircraft like Airbus A319, which have less fuel efficiency.