Frontier Airlines Newsroom: Frontier Airlines Celebrates Six Years of Service

NEWS & MEDIA

Jul 5, 2000

Frontier Airlines Celebrates Six Years of Service

DENVER ( July 5, 2000 ) - Frontier Airlines (Nasdaq: FRNT ) today celebrates six years of operations. Decorated ticket counters and gates at the airline's Denver hub will greet passengers as they prepare to board flights where Frontier Flight Attendants will serve nearly 15,000 homemade cookies. In addition, passengers on Frontier flights will receive commemorative postcards.

"I thank the 2,100 aviation professionals who are Frontier Airlines. Without their perseverance and hard work, we wouldn't have made it this far," said Frontier President Sam Addoms. "We look forward to serving many more customers, and celebrating many more future anniversaries."

Listed below are comparisons between the airline's operation in 1994 and 2000.

	1994	2000
Employees	180	2,100
Passengers Carried	Carried 398,767 passengers during its first 12 months of operation	Carried 2.4 million passengers during the most recent 12 months of operations (Apr. 99-May 00)
Markets Served	Four	23, including the airline's Boulder FreeWay Flyer shuttle service
Fleet	Two Boeing 737 aircraft	24 737s (17 737-300s and seven 737-200s)
Revenues	First fiscal year ended March 31, 1995: operating revenues totaled $24.6 million	Sixth fiscal year ended March 31, 2000: operating revenues totaled $329.8 million
Net Profit (Loss)	Net loss of $8.0 million	Net profit of $27 million
Stock Performance	Initial public offering of 1.8 million shares of common stock priced at $4.25	Outstanding shares of common stock approximately 17.7 million; closing price as of 7/1/00 was $13.50
Cookies Baked by Frontier Employees for Passengers to Commemorate the Airline's Birthday	2,500	15,000

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