Document:

EX-10.16(z)

 [***] Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10). 
 Such excluded information is not material and would likely cause competitive harm to the
registrant if publicly disclosed. 
 Exhibit 10.16(z) 

AMENDMENT NO. 10 
 to 

A320 Family Aircraft Purchase Agreement 

dated as of September 30, 2011 

between 
 Airbus S.A.S. 

and 
 Frontier Airlines, Inc. 

  
 1 

Confidential 

 Amendment No. 10 

This Amendment No. 10 (this “Amendment”) is entered into as of December 2, 2020, between Airbus S.A.S., a société
par actions simplifiée organized and existing under the laws of France, having its registered office located at 2, Rond-Point Emile Dewoitine, 31700 Blagnac, France (the “Seller”), and Frontier Airlines, Inc., a
corporation organized and existing under the laws of the State of Colorado, United States of America, having its principal corporate offices located at 4545 Airport Way, Denver, Colorado 80239 USA (the “Buyer” and, together with the
Seller, the “Parties”). 
 WITNESSETH 

WHEREAS, the Buyer and the Seller entered into an A320 Family Aircraft Purchase Agreement dated as of September 30, 2011 (as amended, supplemented and
modified from time to time prior to the date hereof, the “Agreement”); 
 WHEREAS, [***]; 

WHEREAS, [***]; and 
 WHEREAS, the Buyer and the Seller wish to
amend certain terms of the Agreement as provided herein. 
 NOW, THEREFORE, FOR GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE
HEREBY ACKNOWLEDGED, THE SELLER AND THE BUYER AGREE AS FOLLOWS: 
 Capitalized terms used herein and not otherwise defined herein will have the meanings
assigned to them in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Amendment. 

  
 2 

Confidential 

	1.	 SALE AND PURCHASE & AIRCRAFT TYPE CONVERSION 

[***] A320 Incremental Aircraft identified in Clause 9.1 of the Agreement as Aircraft Ranks 96, 101, 102, 106, 107, 110, 113, 114, 116, 117,
120, 121, 124, 126, 127, 129, 130 and 131 and such Aircraft are hereby converted from A320 Incremental Aircraft to A321 Incremental Aircraft (each, an “Amendment 10 Converted A321 Aircraft”). 

Clause 1 of the Agreement is deleted in its entirety and replaced with the following quoted text [***]: 

“The Seller will sell and deliver to the Buyer, and the Buyer will purchase and take delivery of two hundred fourteen (214) Aircraft,
consisting of eighty (80) A320 Backlog Aircraft, forty-nine (49) A320 Incremental Aircraft, sixty-seven (67) A321 Incremental Aircraft and eighteen (18) A321XLR Aircraft, from the Seller, subject to the terms and conditions
contained in this Agreement.” 
  

	2.	 DELIVERY 

  

	2.1	 The delivery schedule table set forth in Clause 9.1 of the Agreement is deleted in its entirety and replaced
with the delivery schedule table attached hereto as Appendix A. 

  

	2.2	 Clause 9.1 of the Agreement is hereby amended by deleting all text after the delivery schedule table in its
entirety and replacing it with the following quoted text: 

 “The Seller will give the Buyer written notice of the
scheduled delivery month of each [***] at least [***] before the first day of the Scheduled Delivery Quarter of the respective Aircraft, which shall be a calendar month within such Scheduled Delivery Quarter (the “Scheduled Delivery
Month”). 
 The Seller will give the Buyer [***] written notice of the [***] at least [***] written notice of the anticipated date
on which the Aircraft will be Ready for Delivery. 
 [***] 

  
 3 

Confidential 

	3.	 PREDELIVERY PAYMENTS 

 

	3.1	 Paragraphs 4.2 and 4.4 of Amendment No. 6 to the Agreement are hereby amended by replacing the references
therein to Clause “5.3.3(o)” with “21.6(o)” 

  

	3.2	 Paragraphs 5.2 and 5.3 of Amendment No. 7 to the Agreement are each hereby amended by replacing the
reference therein to Clause “5.3.3(o)” with “21.6(o)” 

  

	3.3	 Clause 5.3.2(b) of the Agreement is amended to add the following to the end thereof: 

[***] 
  

	3.4	 Clause 5.3.3(b) of the Agreement is amended to add the following to the end thereof: 

QUOTE 
 [***] the Predelivery
Payment schedule shall be as set forth below. 
  

			
	Payment Date	  	 Fixed amount or
Percentage of applicable
 Predelivery Payment Reference Price

	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	 [***]

 
	  	 
	 [***]

 
	  	[***]
	Payment Date	  	 Fixed amount or
Percentage of applicable
 Predelivery Payment Reference Price

	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	
Total payment prior to Delivery
	  	[***]

  
 4 

Confidential 

 UNQUOTE 
  

	3.5	 Clause 21.6(o) of the Agreement shall be amended to add the following quoted text immediately after the table
therein: 

 QUOTE 

[***] the Predelivery Payment schedule [***] shall be as set forth below. 

 

			
	Payment Date	  	 Percentage of
applicable Predelivery Payment
 Reference Price

	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	 [***]

 
	  	 
	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	Payment Date	  	 Percentage of
applicable Predelivery Payment
 Reference Price

	 [***]

 
	  	[***]
	 [***]

 
	  	[***]
	
Total payment prior to Delivery
	  	[***]

 UNQUOTE 

  
 5 

Confidential 

	3.6	 Clause 21.6(o) of the Agreement shall be amended by replacing [***]. 

 

	3.7	 As a result of the changes made to the Agreement pursuant to Paragraph 1, Paragraph 2.1 and Paragraph 2.2 of
this Amendment and in accordance with Clause 5.3.3 of the Agreement, [***] 

  

	4.	 SELLER PRICE REVISION FORMULA 

 

	4.1	 As a result of [***], for the Aircraft listed in Table A below [***] 

  
 6 

Confidential 

 Table A: 
  

							
	 	 	 	 
	Column 1	  	Column 2	  	Column 3	  	Column 4
	 [***]

 
	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]

 [***] 
  

	4.2	 [***] 

  

	4.3	 [***] 

  

	4.4	 [***] 

  

	5.	 [***] 

Clause 21.6(b) of the Agreement as amended from time to time is deleted in its entirety and replaced with the following quoted text: 

 

	 	“(b)	 [***]” 

  
 7 

Confidential 

	6.	 [***] 

  

	6.1	 [***] 

  

	6.2	 [***] 

  
 8 

Confidential 

	7.	 DEFINITION CLAUSE AND [***] 

 

	7.1	 Clause 0 of the Agreement is hereby amended by replacing [***] 

 

	7.2	 [***] 

  

	7.3	 Paragraph 11 of Second Amended and Restated Letter Agreement No. 2, dated as of October 9, 2019, is
hereby deleted in its entirety and replaced with the following quoted title and text: 

  

	 	[***]	 

  
 9 

Confidential 

	7.4	 Paragraph 5 of Second Amended and Restated Letter Agreement No. 3, dated October 9, 2019, is hereby
deleted and replaced with the following quoted title and text: 

 [***] 

 

	7.5	 Paragraph 5 of Amended and Restated Letter Agreement No. 10, dated as of October 9, 2019, is hereby
amended [***] 

  

	8.	 EFFECT OF AMENDMENT 

This Amendment is effective as of December 2, 2020. 

This Amendment shall terminate and be of no further force and effect, and the Parties shall have no obligation or liability to the other,
whether in contract, tort or otherwise in respect hereof at the close of business, on December 15, 2020 unless [***] 
 Both Parties agree
that this Amendment will constitute an integral, non-severable part of the Agreement and will be governed by its provisions, except that if the Agreement and this Amendment have specific provisions that are
inconsistent, the specific provisions contained in this Amendment will govern. 

  
 10 

Confidential 

	9.	 MISCELLANEOUS 

This Amendment is subject to the provisions of Clauses 21, 22.6 and 22.11 of the Agreement. 

 

	10.	 COUNTERPARTS 

This Amendment may be signed by the Parties in counterparts, which when signed and delivered will each be an original and together constitute
but one and the same instrument. Counterparts may be delivered in original, faxed or emailed form, with originals to be delivered in due course. 

  
 11 

Confidential 

 IN WITNESS WHEREOF, the Parties have caused this Amendment to be signed by their respective duly authorized
officers or agents as of the day and year first above written. 
  

			
	Airbus S.A.S.
		
	By:	 	/s/ Benôit de Saint-Exupéry
		 	Name: Benôit de Saint-Exupéry
		 	Title: Senior Vice President, Contracts

  

			
	Frontier Airlines, Inc.
		
	 By:
	 	/s/ Howard Diamond
		 	Name: Howard Diamond
		 	Title: General Counsel

  
 Confidential 

 Appendix A to Amendment No. 10 

Delivery Schedule Table 

  
 13 

ConfidentialEX-10.16(aa)

	[***]	 Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10).

 Such excluded information is not material and would likely cause competitive harm to the registrant if publicly
disclosed. 
 Exhibit 10.16(aa) 

[***] LETTER AGREEMENT 
 As
of December 28, 2017         
 Frontier Airlines, Inc. 

7001 Tower Road, 
 Denver, Colorado 80249-7312 

USA 
 Re: A320NEO FAMILY [***] 

Ladies and Gentlemen: 
 Frontier Airlines, Inc. (the
“Buyer”) and Airbus S.A.S. (the “Seller”), are parties to an Airbus A320 Family Purchase Agreement, dated as of 30 September 2011 and amended from time to time (the “Purchase Agreement”), which
covers, among other things, the sale by the Seller and the purchase by the Buyer of two hundred fourteen (214) A320 Family Aircraft (each, an “Aircraft”). 

The Buyer and the Seller have agreed to set forth in this [***] letter agreement (the “[***] Letter Agreement”) certain terms and conditions
regarding the [***]. This [***] Letter Agreement supersedes in full all other agreements between the parties or their successors or assigns on the subject of this [***] Letter Agreement, including that certain [***] Letter Agreement, dated as of
December 3, 2013, by and between the Buyer and the Seller, which shall be of no further force and effect. 
 The right of the Buyer to benefit from the
[***] set out in this [***] Letter Agreement [***]. 
 Capitalized terms used herein and not otherwise defined in this [***] Letter Agreement
shall have the meanings assigned thereto in the Purchase Agreement. The terms “herein”, “hereof” and “hereunder” and words of similar import refer to this [***] Letter Agreement. 

[***] 
 1. [***] 

 

			
	[***]	  	[***]
		
	[***]	  	[***]
		
	[***]	  	[***]
		
	[***]	  	[***]
		
	[***]	  	[***]

							
	[***]	  	[***]	  		  	
				
		  	(i)	  	[***]	  	
				
		  	(ii)	  	[***]	  	
		
	Term:	  	With respect to any [***], ten (10) years from the date of Delivery of such Aircraft.
				
	[***]	  	[***]	  		  	
				
	[***]	  	[***]	  		  	
				
	[***]	  	[***]	  		  	
				
	[***]	  	[***] 	  		  	
				
	[***]	  	[***]	  		  	
				
		  	(i)	  	[***]	  	
				
		  	(ii)	  	[***]	  	
				
		  	(iii)	  	[***]	  	
				
		  	[***]	  		  	
			
	Taxes:	  	[***]	  	
				
	[***]	  	[***]	  		  	
		
	Insurance	  	 The [***] shall maintain, at all times during the term [***] insurances

[***]

				
	Transfer:	  	[***]	  		  	
				
	[***]	  	[***]	  		  	
			
	Maintenance	  	[***]	  	
				
	[***]	  	[***]	  		  	
		
	[***]	  	[***]
				
	Costs and Expenses	  	[***]	  		  	
			
	Financial Statements	  	[***]	  	

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 2 of 9

							
	[***]	  	[***]	  	
				
	[***]	  	[***]	  		  	
				
	Conditions Precedent	  	[***]	  		  	

 (a) [***] 

(b) [***] 
 (c) [***] 

(d) [***] 
 (e) [***] 

(f) [***] 
 (g) [***] 

(h) [***] 
 (i) [***] 

(j) [***] 
 (k) [***] 

(l) [***] 
 2. Termination 

[***] 
  

	 	(a)	 

  

	 	(i)	 [***] 

  

	 	(ii)	 [***] 

  

	 	(iii)	 [***] 

  

	 	(b)	 [***] 

  

	 	(c)	 If not terminated earlier, on June 30, 2028. 

3. Assignment 
 This Letter Agreement and the
rights and obligations of the Lender and the Buyer hereunder shall not be assigned, transferred, mortgaged, or pledged in any manner without the prior written consent of the other party hereto, and any attempted assignment or transfer in
contravention hereof will be void and of no force and effect. 

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 3 of 9

 4. Miscellaneous Provisions 

 

	(a)	 Notices 

All notices and requests required or authorized hereunder shall be given in writing either by personal delivery to a responsible officer of the
party to whom the same is given or by commercial courier, certified air mail (return receipt requested) or by facsimile to the addresses and numbers set forth below. The date upon which any such notice or request is so personally delivered or
delivered by commercial courier, certified air mail, or if such notice or request is given by facsimile, the date upon which sent, shall be deemed to be the effective date of such notice or request. 

Seller shall be addressed at: 

[***] 
 Attention:
        Senior Vice President Contracts 
 Telephone:       [***] 

Fax:                  [***] 

And Buyer shall be addressed at: 

[***] 
 Attention:
         Chief Financial Officer 
 Fax:
                  [***] 
 or to such other address
or to such other person as the party receiving the notice or request may designate and notify the other party from time to time. 
  

	(b)	 Waiver 

The failure of either party to enforce at any time any of the provisions of this [***] Letter Agreement, or to exercise any right herein
provided, or to require at any time performance by any other party of any of the provisions hereof, will in no way be construed to be a present or future waiver of such provisions nor in any way to affect the validity of this [***] Letter Agreement
or any part hereof or the right of the other party thereafter to enforce each and every provision. The express waiver by either party of any provision, condition or requirement of this [***] Letter Agreement shall not constitute a waiver of any
future obligation to comply with such provision, condition or requirement. 
  

	(c)	 Interpretation and Law 

THIS [***] LETTER AGREEMENT AND ANY DOCUMENTS PERTAINING TO ANY OF [***] HEREUNDER WILL BE GOVERNED BY AND CONSTRUED, AND THE
PERFORMANCE THEREOF WILL BE DETERMINED, IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT APPLICATION OF ANY CONFLICT OF LAWS PROVISIONS THAT COULD RESULT IN THE APPLICATION OF THE LAW OF ANY OTHER JURISDICTION.  

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 4 of 9

 Each party hereto (i) hereby irrevocably submits itself to the non-exclusive jurisdiction of the courts of the State of New York, New York County, and to the non-exclusive jurisdiction of the United States District Court for the Southern
District of New York, for the purposes of any suit, action or other proceeding arising out of this [***] Letter Agreement, the subject matter hereof or any of the transactions contemplated hereby, and (ii) hereby waives, and
agrees not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding, to the extent permitted by applicable law, any defense based on sovereign or other immunity or that any suit, action or proceeding is brought
in an inconvenient forum, that the venue of such suit, action or proceeding is improper, or that this [***] Letter Agreement or the subject matter hereof or any of the transactions contemplated hereby may not be enforced in or by such
courts. 
  

	(d)	 Confidentiality 

Subject to any legal or governmental requirements of disclosure, and except to legal counsel and financial advisors of the parties on an as-needed basis and on the condition that the financial advisors sign a letter of confidentiality with Seller, the parties (which for this purpose shall include their employees, agents and advisers) shall maintain
the terms and conditions of this [***] Letter Agreement strictly confidential. Without limiting the generality of the foregoing, but subject to the exceptions referred to above, Buyer and Seller will use all their respective reasonable
efforts to limit the disclosure of the contents of this [***] Letter Agreement, to the extent legally permissible, in any filing required to be made by Buyer or Seller with any governmental agency and shall make such applications as
shall be necessary to implement the foregoing. Buyer and Seller shall consult with each other prior to the making of any public disclosure or filing, otherwise permitted hereunder, of this [***] Letter Agreement or the terms and
conditions hereof. In the event that Buyer receives any other disclosure request from any government or any branch, agency or instrumentality thereof or any government-related entity, which Buyer believes would be advisable to satisfy in whole or in
part, Buyer and Seller will consult and Seller will not unreasonably withhold its consent to such disclosure. Notwithstanding any other provision of this paragraph, Buyer will be permitted to disclose the terms and conditions of this
[***] Letter Agreement without the Seller’s consent where necessary, and only to the extent necessary, for the Buyer to prosecute, or defend itself in, a legal action to which Seller may become a party and to the extent that the
terms and conditions of this [***] Letter Agreement (a) become generally available to the public other than as a result of a violation of this [***] Letter Agreement, (b) was available to Buyer on a non-confidential basis prior to its disclosure hereunder and (c) becomes available on a non-confidential basis from a third party source under circumstances reasonably
believed by Buyer not to violate this or any other confidentiality agreement. The provisions of this Paragraph shall survive any termination of this [***] Letter Agreement. 

[***]  
 [***]

  

	(e)	 Severability 

In the event that any provision of this [***] Letter Agreement should for any reason be held to be without effect, the remainder
of this [***] Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any provision of law that renders any provision of this [***] Letter
Agreement prohibited or unenforceable in any respect. 

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 5 of 9

	(f)	 Alterations to Contract 

This [***] Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and
supersedes any previous understanding, commitments or representations whatsoever, oral or written. This [***] Letter Agreement may not be varied except by an instrument in writing of even date herewith or subsequent hereto by both
parties or by their fully authorized representatives. 
  

	(g)	 Language 

All correspondence, documents and any other written matters in connection with this [***] Letter Agreement shall be in English.

  

	(h)	 Headings 

All headings in this [***] Letter Agreement are for convenience of reference only and do not constitute a part of this
[***] Letter Agreement. 
  

	(i)	 Counterparts 

This [***] Letter Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and
delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. 
  

	(j)	 Representations and Warranties 

The Buyer represents and warrants to the Seller that as of the date hereof: 

 

	 	(i)	 the Buyer is a corporation organized and existing in good standing under the laws of the State of Delaware and
has the corporate power and authority to enter into and perform its obligations under this [***] Letter Agreement; 

  

	 	(ii)	 neither the execution and delivery by the Buyer of this [***] Letter Agreement, nor the
consummation of any of [***], constitutes a breach of any agreement to which any such person is a party or by which its assets are bound; 

  

	 	(iii)	 this [***] Letter Agreement has been duly authorized, executed and delivered by the Buyer and
constitutes the legal, valid and binding obligation of the Buyer enforceable against the Buyer in accordance with its terms, subject to applicable bankruptcy laws. 

The Seller represents and warrants to the Buyer that as of the date hereof: 

 

	 	(i)	 the Seller is a société par actions simplifiée organized and existing in good
standing under the laws of the Republic of France and has the corporate power and authority to enter into and perform its obligations under this [***] Letter Agreement; 

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 6 of 9

	 	(ii)	 neither the execution and delivery by the Seller of this [***] Letter Agreement, nor the
consummation of any of [***], constitutes a breach of any agreement to which the Seller is a party or by which its assets are bound; 

  

	 	(iii)	 this [***] Letter Agreement has been duly authorized, executed and delivered by the Seller and
constitutes the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with its terms, subject to applicable bankruptcy laws. 

 

	(k)	 [***] 

[***] 
  

	(l)	 [***] 

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 7 of 9

 If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy
hereof in the space provided below and return a copy to Airbus S.A.S. 
  

			
	Very truly yours,
	
	AIRBUS S.A.S.
		
	By:	 	 /s/ Christophe Mourey

		 	Name: Christophe Mourey
		 	Title: Senior Vice President Contracts

  

			
	Accepted and Agreed:
	
	FRONTIER AIRLINES, INC.
		
	By:	 	 /s/ Howard Diamond

		 	Name: Howard Diamond
		 	Title: General Counsel

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 8 of 9

 SCHEDULE 1 

[***] 
  

	(a)	 [***] 

 

	(b)	 [***] 

  

			
	Frontier Airlines, Inc. – 2017 [***]	  	Page 9 of 9

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