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Mar 20, 2005

Frontier Airlines Reports Preliminary Traffic for March 2005


DENVER (April 6, 2005) - Frontier Airlines (Nasdaq: FRNT) today announced preliminary traffic results for March 2005. Revenue passenger miles increased 25.4 percent to 647,698,000 for March 2005 from the same period last year. Available seat miles increased 17.6 percent to 810,115,000 for March 2005 from the same period last year. This resulted in a load factor for March 2005 of 80.0 percent, an increase of 5.1 points from March 2004, when the airline reported a load factor of 74.9 percent. The airline carried 657,578 passengers during March 2005, a 21.3 percent increase from March 2004. The airline reported passenger yield of 11.38 cents for the month of March 2005, an increase of 3.1 percent from the same period last year. Its preliminary passenger revenue per available seat mile (RASM) was 9.10 cents, up .83 cents or 10 percent from March 2004. For the month of March 2005, the airline's average length of haul increased 3.5 percent to 985 miles, compared to the same period last year.

"Our March performance represents a record load factor for the month, as well as a second consecutive month of year-over-year RASM increase," said Jeff Potter, president and CEO. "However, it is important to recognize that while we are pleased with the 10 percent year-over-year RASM increase in March, and these better-than-expected results, they cannot entirely counterbalance the adverse impact that fuel currently imposes on Frontier and the entire industry."

The following table represents comparisons for the month of March year-over-year, fiscal 2005 year-end year-over-year and three months ended March 31, 2005, year-over-year traffic results.

March 2005
March 2004
Increase/Decrease
Percent
Available Seat Miles
810,115,000
689,091,000
121,024,000
17.6%
Revenue Passenger Miles
647,698,000
516,323,000
131,375,000
25.4%
Load Factor
80.0%
74.9%
5.1 Points
N/A
Revenue Passengers Carried
657,578
542,310
115,268
21.3%
**Passenger Yield (cents)
11.38
11.04
.34
3.1%
**Passenger Revenue Per Avail. Seat Mile (cents)
9.10
8.27
.83
10.0%
Average Length of Haul (miles)
985
952
33
3.5%
>

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