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Jun 18, 2001
Frontier Chief Financial Officer Steve Warnecke Announces Resignation
DENVER (June 18, 2001) - Frontier Airlines (Nasdaq: FRNT) today announced that Steve Warnecke will resign as chief financial officer, effective June 29, 2001, in order to pursue other business opportunities. Warnecke, 44, joined the airline in August 1999. Frontier President Sam Addoms will assume the chief financial officer duties.
"Steve was instrumental in initiating and implementing several key projects at Frontier, including improving the airline’s information technology infrastructure, implementing an enhanced maintenance management system, and leading the drive to a paperless flight deck," said Addoms. "In addition, Steve played a key role during the initial analysis of our fleet transition project, and after those successful negotiations, led the transition team that brought the Airbus into service. He arranged for the financing for our first three purchased aircraft, and we are grateful for his contributions at Frontier. We wish him all the best in his future endeavors."
Denver-based Frontier Airlines serves 23 cities coast to coast with a fleet of 25 Boeing 737 jets and employs approximately 2,400 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 2000, Zagat’s Airline Survey ranked Frontier Airlines as one of the top ten domestic air carriers based on comfort, service and food. 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.