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Apr 15, 2002
Frontier Airlines Files Shelf Registration
DENVER (April 15, 2002) - Frontier Airlines (Nasdaq: FRNT) today announced it has filed a Form S-3 registration statement with the Securities and Exchange Commission (SEC). The shelf registration allows the Company to issue various types of securities, including debt securities, preferred stock, common stock and securities warrants, either separately or in units, from time to time in one or more offerings up to a total dollar amount of $150 million. Once declared effective by the SEC, the shelf registration statement would enable the Company to raise funds from the offering of any individual security covered by the shelf registration statement as well as any combination there of, subject to market conditions and the Company's capital needs.
The registration statement on Form S-3 relating to these securities has been filed with the Securities and Exchange Commission but is not yet effective. Securities described in the registration statement may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release is not an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Denver-based Frontier Airlines is the second largest jet service carrier at Denver International Airport with a fleet of 30 aircraft and employing approximately 2,600 aviation professionals. Frontier and its affiliate Frontier JetExpress currently serve 31 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 Magazine ranked Frontier one of two "Best Low-Fare Airlines, " and in September 2001, Fortune magazine 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
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