PARIS — European aerospace giant Airbus (IW 1000/47) said Monday it has signed a deal worth just under $1 billion to furnish nine medium-haul A321s to low-cost US carrier Frontier Airlines.
"This is the first time Frontier has ordered the largest member of the Airbus A320 family," Airbus said in a statement.
The deal is worth $990.9 million, according to the list price for the aircraft.
According to the Airbus statement, the Denver-based airline "began its transition to an all-Airbus fleet when it took delivery of its first Airbus aircraft in 2001."
"Since that time, the Airbus single-aisle family has allowed the airline to expand its route network while minimising operating costs," the statement says.
For their part, Frontier CEO David Siegel said Airbus enabled the airline to "fulfill our mission of providing low fares through low operating costs.”
Copyright Agence France-Presse, 2014