Frontier IPO Presentation Deck
Fleet Plan Positioned for Continued Growth
Lease returns & used aircraft market provide flexibility to scale up or down
Aircraft at YE, net of returns
A321neo (up to 240 seats)
A320neo (186 seats)
A321ceo (230 seats)
A320ceo (180-186 seats)
A319ceo (150 seats)
% neo
% A321
Avg. seats per aircraft
Deliveries
Lease returns
Net change
84
2018
39%
25%
192
18
(12)
+6
98
104
18
110
52% 58% 66%
21%
20% 19%
192
193
194
9
(3)
+6
2019 2020 2021 2022 2023
120
13
(7)
+6
73%
22%
196
Opportunity to benefit from COVID market
conditions for additional growth:
lease extensions, secondary market, etc.
14
(4)
+10
133
148
19
(6)
+13
2024
80% 84%
34% 43%
203
208
165
87%
44%
208
170
2025 2026 2027
19
25
(4)
(8)
+15 +17
181
89%
92%
49% 51%
211
213
25
28
(20) (17)
+5
+11
+14
Note: A321neo aircraft includes A321neo and A321XLR; A321neo as illustrated assumes Company executes option to convert 18 A320neo aircraft to A321XLR;
Average seats assume A321neo at 240 seat count, and that 4 A320ceo with 186 seats retire in 2024, remainder of A320ceo have 180 seats; Source: Company filings
FRONTIER
182
A321neo
A320neo
2028
97%
50%
213
13
(12)
+1
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