BOC Aviation Signs Purchase-And-Leaseback Agreements With Frontier Airlines For 15 New Airbus A320neo Aircraft

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has signed purchase-and-leaseback agreements with existing customer Frontier Airlines, Inc. (“Frontier”) for 15 new Airbus A320NEO aircraft. The aircraft are scheduled to be delivered in 2025 and 2026. 

“BOC Aviation has been a highly valued business partner of Frontier Airlines for the past two decades, and we are thrilled to continue that partnership with these latest agreements,” said Robert Fanning, Vice President, Fleet for Frontier Airlines. “These 15 new A320NEOs will further support the continued growth of our company.” 

“We are excited to be working again with long-time customer Frontier, which is the largest A320NEO operator in the United States,” said Steven Townend, Chief Executive Officer and Managing Director. “This transaction leverages our strong available liquidity and builds on our solid existing pipeline of aircraft scheduled for delivery beyond 2024, as we expand both our revenue base and our fleet of latest generation aircraft.”