Today Air Lease Corporation (ALLLZ) (NYSE: AL) (“ALC”) announced the delivery of one new Airbus A321-200 aircraft on long-term lease to Frontier Airlines (FRNT). Featuring CFM International CFM56-5B3/3 engines, this A321-200 is the first of two A321-200 aircraft confirmed to deliver to Frontier Airlines from ALC’s order book with Airbus. Traditional to Frontier Airlines, this A321-200 aircraft will unveil a new special livery with a “Xavier, The Mountain Goat” animal tail.

“ALC is delighted to extend our excellent relationship with Frontier Airlines to include the delivery of this new A321-200 aircraft,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The A321-200 is a key addition to Frontier’s fleet as the airline continues to excel as an ultra-low-cost carrier within the United States.”

“We are excited to welcome Xavier the Mountain Goat and his A321-200 to the Frontier family,” said Barry Biffle, President and CEO of Frontier Airlines. “Our valuable relationship with ALC is helping us to continue to grow our airline, offering easy and affordable air travel to our customers – what we mean by ‘Low Fares Done Right.’”

This A321-200 aircraft joins two A320-200 aircraft currently on long-term lease to Frontier from ALC. The second new A321-200 aircraft from ALC is set to deliver to Frontier Airlines in December 2018.