Frontier Group Holdings Inc (stock code: ULCC) recently announced that it has reached a non-binding agreement with relevant parties regarding the return of 24 aircraft.

In addition, the company also plans to conduct 10 sale and leaseback transactions in the future to optimize its fleet structure and asset allocation. The agreement is not legally binding at this stage, and specific terms and implementation details are still under further negotiation. This move aims to enhance the company's operational efficiency and provide flexibility for future fleet upgrades and capital turnover.