NEWS & MEDIA
|All News Releases >||General News >|
Aug 13, 2001
Frontier Airlines Adds One Airbus A319 to its Fleet
DENVER (August 13, 2001) - Frontier Airlines (Nasdaq: FRNT ) today announced it has added one Airbus A319 aircraft to its operating certificate. The airline purchased the 132-seat Airbus A319 with 10 year financing arranged through PK AIRFINANCE, a wholly owned subsidiary of GE Capital Corporation, at a fixed interest rate of 6.54 percent. The aircraft was put into the airline’s scheduled service on Sunday, Aug. 12. With today's announcement, Frontier’s fleet consists of 18 737-300s, seven 737-200s and three Airbus A319s, for a total of 28 aircraft.
“This is the third Airbus aircraft we have added to our fleet, and we are very pleased with the positive customer and employee reaction thus far to our new aircraft,” said Frontier President and Chief Operating Officer Jeff Potter. “We are on target to meet our annual capacity growth goal of approximately 20 percent for fiscal year 2002, and look forward to the deliveries of aircraft 904 and 905 during the month of September.”
Denver-based Frontier Airlines is the second largest jet service carrier at Denver International Airport, serving 23 cities coast to coast with a fleet of 28 aircraft and employing approximately 2,500 aviation professionals. In June 2001, BusinessWeek ranked Frontier 14th on its list of Hot Growth Companies. Frontier provides capacity and other data and industry comparisons on its Web site, which may be viewed at www.frontierairlines.com.