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Feb 15, 2007|
Frontier Airlines Reaches Definitive Agreement With Frontier Airline Pilots Association
Four-Year Contract Ratified by Pilot Membership
DENVER, Feb. 15 /PRNewswire-FirstCall/ -- Frontier Airlines (NASDAQ: FRNT) and the Frontier Airline Pilots Association (FAPA) today announced that FAPA membership has ratified a new collective bargaining agreement by a vote of 289 (67%) for to 140 (33%) against, which represents 429 votes out of 553 eligible voters, or 78%. The new four-year agreement amends the previous five-year contract signed in May 2000. Implementation of the approved agreement will begin in March, 2007.
"Today's ratification results are a tremendous step forward for both Frontier and our pilots as we enter one of the most exciting and dynamic phases of this Company's history," said Jeff Potter, President and CEO of Frontier Airlines Holdings, Inc. "Once again, FAPA and Frontier have demonstrated a level of cooperation for the mutual benefit of the company and our pilots, which is rarely seen in this industry between a union and an airline. We are grateful to our pilots and FAPA leadership for their support of a contract that helps the Company secure its future."
"Today's news is indicative of the spirit of cooperation and integrity that FAPA membership represents," said Captain Jeffrey Thomas, President of FAPA. "This agreement provides significant improvement to our pilots' retirement benefits, preserves our scheduling and work rules, and improves the job protections our pilots have earned through their contributions to Frontier. The new agreement will continue to provide Frontier with industry leading pilot productivity as well as one of the most competitive crew operating costs in the industry. We appreciate the time and effort that FAPA representatives as well as Frontier management put into this process and I am confident that we have reached an agreement that meets the needs of the Company and our pilots."
About Frontier Airlines Holdings, Inc.
Frontier Airlines Holdings, Inc. is the parent company of Denver-based Frontier Airlines. Currently in its 13th year of operations, Frontier Airlines is the second largest jet service carrier at Denver International Airport, employing approximately 5,000 aviation professionals. With 55 aircraft and one of the youngest Airbus fleet in North America, Frontier offers 24 channels of DIRECTV® service in every seatback along with 33 inches of legroom in an all coach configuration. In conjunction with Frontier JetExpress operated by Horizon Air, Frontier operates routes linking its Denver hub to 55 destinations including 47 destinations in 29 states spanning the nation from coast to coast, seven cities in Mexico and one city in Canada. In November of 2006, Frontier and AirTran announced a first-of-its-kind integrated marketing partnership that offers travelers the ability to reach more than 80 destinations across four countries with low fares, aboard two of the youngest fleets in the industry. In December of 2006 Frontier was designated "Best Low Cost Carrier" in the U.S. by the readers of Business Traveler magazine. For more in-depth information on Frontier Airlines, please visit our website at http://www.frontierairlines.com/.
About Frontier Airline Pilots Association
The Frontier Airline Pilots Association is the independent labor representation unit of the Frontier Airlines pilots. Certified by the National Mediation Board in 1998, the group represents 650 pilots at Frontier Airlines. For more information contact FAPA at 303-373-0137.
SOURCE: Frontier Airlines
CONTACT: Joe Hodas of Frontier Airlines, +1-720-374-4504,
Web site: http://www.frontierairlines.com/