SMBC Aero Engine Lease announces SLB with Frontier Airlines for five engines

SMBC Aero Engine Lease B.V. (“SAEL”) is pleased to announce a sale-and-leaseback agreement with Frontier Airlines for five Pratt & Whitney PW1100G engines. The engines are scheduled to deliver in 2025 from Frontier’s spares orderbook.

“We are pleased to have reached this agreement with SMBC Aero Engine Lease and greatly value their partnership as we continue to grow the Frontier fleet,” said Robert Fanning, VP Fleet.

“We are pleased to expand our relationship with Frontier Airlines through the successful closing of an additional sale and leaseback transaction involving five PW1100G engines. This agreement reinforces SAEL’s strategic commitment to supporting our airline partners with tailored asset solutions that enhance fleet flexibility and optimize capital deployment. We value the trust Frontier Airlines has placed in us and look forward to continuing to deliver high-quality, responsive support as their operational needs evolve,” said Roger Welaratne, Managing Director and Chief Executive Officer of SAEL.