GOAL delivers an Airbus A320neo on lease to Frontier Airlines

Frontier Airlines, Inc. based in Denver, Colorado has taken delivery of a new Airbus A320neo (msn 8580) in a Sale and Lease Back transaction arranged by GOAL German Operating Aircraft Leasing GmbH & Co. KG (“GOAL”) on behalf of KGAL APF 3 fund. The aircraft is the 100th aircraft manufactured at the Final Assembly Line in Mobile, Alabama, USA.

The aircraft is the last of six A320 neo aircraft leased to Frontier Airlines, Inc. that have all been placed in three of KGAL’s Aircraft Portfolio Funds for German institutional investors GOAL is further acting as Lease Manager and Remarketing Agent at the end of each Lease.