NEWS & MEDIA

All News Releases General News

Print Friendly Version Convert to PDF Convert to RTF Related Assets Bookmark and Share

Apr 14, 2005

Frontier Airlines Completes Transition to All-Airbus Fleet


DENVER (April 14, 2005) - With its first flight this week, Frontier Airlines’ (Nasdaq: FRNT) fleet of 44 aircraft is officially “all-Airbus.” However, today’s watershed announcement was not an overnight process. Frontier began the transition from a Boeing fleet of 737-300 and 737-200 aircraft when it announced on October 19, 1999 that it had signed a Letter of Intent (LOI) to purchase 11 new Airbus aircraft, with options for an additional nine. On November 4, 1999, Frontier further cemented its decision to transform its fleet to a single aircraft type when it announced it had signed an LOI for an additional 15 leased A319 aircraft. Finally, on August 21, 2003, the airline announced its largest order to date – 29 A319 and A318 aircraft. The airline received its first Airbus A319 in June 2001 and when all orders are completed in 2008, Frontier’s fleet will consist of 62 Airbus A319 and A318 aircraft.

Today’s announcement has both financial and consumer implications for the airline. In addition to the fuel efficiency of the A319 and A318, Frontier estimates that the cost-savings produced by a single fleet-type, primarily derived from maintenance and training savings, should result in approximately $11 million on an annual basis. In addition, with the retirement of Frontier’s final Boeing 737-300, Frontier’s average fleet age will be under two years, one of the youngest in the industry. All of Frontier’s Airbus aircraft offer 33 inches of legroom in every seat, along with 24 channels of live DIRECTV programming, and three pay-per-view movie selections in every seat back.

"This is a critical milestone for Frontier and the culmination of several years of hard work on behalf of our dedicated employees who have made this transition such a success for Frontier,” said Jeff Potter, President and CEO of Frontier. “When we made the decision to move forward with this transition back in 1999, we knew that we were at a major crossroads for the airline, and that such a decision could very well make or break us. Now, six years later, as we close the chapter on the transition, and begin a new chapter with one of the youngest fleets in the country, we are confident that we made the right decision, with the right partner, at the right time."

"The presence of Airbus aircraft has grown by leaps and bounds in the U.S. in the last decade or so, but this is the very first time in the United States that any airline has made the change to all-Airbus," said Henri Courpron, President and Chief Executive Officer of Airbus North America. "Frontier has proven itself an innovator, and this fleet evolution demonstrates they are committed to offering their customers the very best product from perspectives of service, comfort and economy."

Each new Airbus order means new business for American companies. In 2004 alone, Airbus spent nearly $7 billion with suppliers in more than 40 U.S. states. Using a U.S. Department of Commerce model, that dollar amount translates into Airbus support of more than 140,000 American jobs.

About Frontier
Currently in its 11th year of operations, Denver-based Frontier Airlines is the second largest jet service carrier at Denver International Airport with a fleet of 44 aircraft and employing approximately 4,500 aviation professionals. Frontier, in conjunction with Frontier JetExpress operated by Horizon Air, operates routes linking our Denver hub to 43 destinations in 25 states spanning the nation from coast-to-coast and to five cities in Mexico. Frontier's maintenance and engineering department has received the Federal Aviation Administration's highest award, the Diamond Certificate of Excellence, in recognition of 100 percent of its maintenance and engineering employees completing advanced aircraft maintenance training programs, for six consecutive years. In July 2004, Frontier ranked as one of the "Top 10 Domestic Airlines” as determined by readers of Travel + Leisure magazine. Frontier provides capacity information and other operating statistics on its Web site, which may be viewed at www.frontierairlines.com.

About Airbus
A leading aircraft manufacturer with the most modern and comprehensive product line on the market, Airbus is a global company with design and manufacturing facilities in France, Germany, the UK, and Spain as well as subsidiaries in the U.S., China and Japan. Headquartered in Toulouse, France, Airbus is an EADS joint Company with BAE Systems.

>

Related Assets


Other articles in General News: < back

Contact

Media Line
Phone: 720-374-4560
media@flyfrontier.com

Latest Features

Login

Login:

Password:

Register
Forgot Password