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"Today's announcement demonstrates our continued commitment to further build an open, long-term partnership with all employees," said Frontier Chief Operating Officer Jeff Potter. "Specifically, our compensation philosophy, which establishes a benchmark among an industry peer group, extends to all Frontier employees, and we felt it only appropriate to set pilot pay rates using the same point of reference used for other employee pay rates."

"We have been extremely pleased with both the process and the end result of these discussions," said Captain Ron Stock, president of the Frontier Airline Pilots Association. "That the company was willing to sit down and discuss our compensation issues only one year into a five-year agreement was remarkable, and we believe these very open, fair and constructive discussions helped us reach a mutually beneficial amendment that will provide long-term, strategic growth for Frontier."

ABOUT FRONTIER AIRLINES
Denver-based Frontier Airlines serves 23 cities coast to coast with a fleet of 27 aircraft and employs approximately 2,500 aviation professionals. The airline is the second largest jet service carrier of Denver International Airport with an average of 120 daily systemwide departures and arrivals. Frontier Airlines recently introduced its own frequent flyer program, EarlyReturns, which offers one of the fastest return programs in the industry. In June 2001, BusinessWeek ranked Frontier 14th on its list of Hot Growth Companies. In 1999 and 2000, Frontier's maintenance and engineering department received the Federal Aviation Administration's highest award, the Diamond Certificate of Excellence, with 100 percent of its maintenance and engineering employees completing advanced aircraft maintenance training programs. Frontier provides capacity and other data and industry comparisons on its Web site, which may be viewed at www.frontierairlines.com.

ABOUT FRONTIER AIRLINE PILOTS ASSOCIATION
The Frontier Airline Pilots Association, an independent organization, was recognized by the National Mediation Board in November 1998 and represents the 331 pilots of Frontier Airlines, Inc.

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