Frontier secures buyer for two Airbus A318 and two Airbus A319 aircraft

Frontier Airlines Holdings entered into a Letter of Agreement with VTB Leasing to sell two of Frontier’s 49 Airbus A319 aircraft and two of its 11 Airbus A318 aircraft to VTB Leasing for onwards lease to Rossiya Airlines. The sale of the aircraft was facilitated by SkyWorks Leasing. Financial terms of the transaction were not disclosed.