SMBC Aero Engine Lease (SAEL) has finalised a sale-and-leaseback agreement with Frontier Airlines for five Pratt & Whitney PW1100G engines. The engines will be delivered in 2025 from Frontier’s existing spares orderbook, marking another milestone in the growing partnership between the two companies.
Robert Fanning, Vice President of Fleet at Frontier Airlines, welcomed the agreement, noting that SAEL’s support plays an important role as the airline continues to expand its fleet. He said the collaboration reflects Frontier’s focus on efficiency and growth within its operations.
Roger Welaratne, Managing Director and Chief Executive Officer of SAEL, also praised the deal. He stated that the transaction deepens SAEL’s relationship with Frontier and highlights its commitment to providing flexible, customer-focused solutions. Through this sale and leaseback, SAEL continues to assist its airline partners in managing assets effectively while optimising capital deployment.
The agreement underscores SAEL’s strategy of supporting airlines with tailored leasing solutions that enhance fleet flexibility and long-term growth. At the same time, it strengthens Frontier’s access to next-generation Pratt & Whitney PW1100G engines, known for their fuel efficiency and reduced environmental impact.
This latest transaction marks another step in SAEL’s ongoing expansion within the global aircraft engine leasing market. By continuing to partner with leading carriers such as Frontier, SAEL reinforces its position as a trusted provider of advanced engine leasing and financing solutions, supporting the industry’s drive towards more efficient and sustainable air travel.
