Frontier Airlines To Lease Additional Aircraft

12th Mar 1999

Frontier Airlines (NASDAQ: FRNT ) today announced it has entered into an aircraft lease agreement for two Boeing 737-200 Advanced jets from San Francisco-based Triton Aviation Services Limited. In addition, the airline announced it has signed Letters of Intent to lease two Boeing 737-300 aircraft from Sweden-based Indigo Aviation. Terms of the agreements were not disclosed.

Three of the aircraft acquisitions will be used to replace three 108-seat 737-200 Basic airplanes that do not meet the FAA`s Stage 3 noise-reduction compliance regulations and which the company plans to return when their leases expire at the end of July 1999. The fourth aircraft will be used as a fleet addition beginning with the peak summer travel period. The two Boeing 737-200 Advanced aircraft will be configured with 119 seats and are scheduled for an April 15 delivery date. The two Boeing 737-300 aircraft will be configured with 136 seats and are scheduled for March 31 and May 1 delivery dates, respectively.

“Frontier has already become the second largest jet user of Denver International Airport, the nation`s eighth busiest airport. Retiring three Stage 2 Basic 200s, as well as realizing one new aircraft in anticipation of the upcoming peak summer travel months, furthers our plan to grow in a strategic yet prudent manner,” said Frontier President Sam Addoms.

Frontier`s current fleet consists of nine 737-300s and eight 737-200s. Prior to the July 31 retirement of the three Basic 200s, the additional aircraft announced today will be used for charters and as operational spare aircraft.




Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation