Frontier Announces Fleet Optimization Transaction with AerCap

Core Viewpoint - Frontier Group Holdings, Inc. has announced a non-binding agreement with AerCap Holdings N.V. for the early return of 24 A320neo aircraft and plans for 10 future sale-leaseback transactions [1] Group 1: Aircraft Returns - The agreement involves the early return of 24 A320neo aircraft currently in operation [1] - All aircraft have lease agreements that are scheduled to expire within the next two to eight years [1] Group 2: Future Transactions - The company plans to engage in 10 future sale-leaseback transactions as part of the agreement with AerCap [1]