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Aug 9, 2002
Frontier Airlines Discontinues Service to Boston
BOSTON, Mass. (Aug. 9, 2002) - Frontier Airlines (Nasdaq: FRNT) today announced it will no longer serve Boston Logan International Airport (BOS), effective Oct. 22, 2002. Frontier currently offers two daily round-trip flights between BOS and its Denver International Airport hub (DEN). Frontier will continue to operate its regularly scheduled Boston flights through Oct. 21, 2002. Ticketed passengers, passengers holding reservations, or passengers desiring to make reservations for flights to or from Boston do not need to alter their travel plans prior to Oct. 21, 2002. Frontier will begin contacting those passengers who are currently holding tickets for travel into/out of Boston on or after Oct. 22, 2002 to assist in re-accommodating them.
In an industry that is anticipated to post losses of over $3 billion during 2002, we must manage our business aggressively, and that includes making the hard decisions designed to obtain maximum utilization from our assets, said Frontier President and CEO Jeff Potter. Frontiers service between Denver and Boston has not met our profitability expectations and that, coupled with ongoing facilities and ground handling issues, requires that we make this difficult decision. We have brought Frontiers affordable fares to Boston for nearly five years, and we extend our thanks to our employees and the Boston community for supporting Frontier over the years.
Frontier has served Boston since Sept. 16, 1997, and the station currently employs approximately 17 part- and full-time aviation professionals.
Currently in its ninth year of operations, Denver-based Frontier Airlines is the second largest jet service carrier at Denver International Airport with a fleet of 34 aircraft and employing approximately 3,000 aviation professionals. Frontier and its affiliate Frontier JetExpress currently serve 34 U.S. cities with 170 daily flights. In 1999, 2000 and 2001, Frontier's maintenance and engineering department 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. In April 2002, Entrepreneur ranked Frontier one of two "Best Low-Fare Airlines," and in September 2001, Fortune ranked Frontier 41st on its 100 Fastest Growing Companies list. Frontier provides capacity information and other operating statistics on its Web site, which may be viewed at www.frontierairlines.com.