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Frontier Airlines Reports Preliminary Traffic for July 2009

DENVER, August 06, 2009 - Frontier Airlines Holdings, Inc. (OTC Bulletin Board: FRNTQ) today announced preliminary traffic results for July 2009 for both Frontier’s mainline operation and its wholly-owned subsidiary, Lynx Aviation. The Denver-based carrier reported a record mainline load factor of 92.0% for the month.

Mainline Results for July 2009:

• Revenue passenger miles decreased 12.0 percent to 862,264,000 and capacity (as measured by available seat miles) was down 16.0 percent to 937,415,000 from the same period last year. This resulted in a record load factor of 92.0 percent, an increase of 4.2 points from July 2008.
• The airline carried 961,418 passengers, a 10.5 percent decrease from the same period last year.
• The airline’s average length of haul decreased 1.8 percent to 897 miles.

Lynx Aviation Results for July 2009:

• Revenue passenger miles increased 14.1 percent to 42,259,000 and capacity was up 6.6 percent to 55,007,000. This resulted in a record load factor for July 2009 of 76.8 percent, an increase of 5.0 points over July 2008.
• Lynx carried 127,378 passengers, a 17.4 percent increase from July 2008.
• The airline’s average length of haul decreased 2.6 percent to 332 miles.

Frontier estimates that mainline passenger unit revenue decreased year-over-year by 7 to 8 percent in the month of July 2009.

The following tables represent comparisons for the month of June year-over-year, fiscal year-to-date and calendar year-to-date traffic results for Frontier’s mainline operations and for Lynx.

Frontier Airlines Mainline Operations

Lynx Aviation

Frontier’s fiscal year begins April 1 and ends March 31.

About Frontier Airlines Holdings, Inc.

Frontier Airlines Holdings, Inc. is the parent company of Denver-based Frontier Airlines. Currently in its 16th year of operations, Frontier Airlines is the second-largest jet service carrier at Denver International Airport, employing approximately 5,000 aviation professionals. Frontier Airlines' mainline operation has 51 aircraft with one of the youngest Airbus fleets in North America. Frontier Airlines' mainline operations offer 24 channels of DIRECTV® service in every seatback along with a comfortable all-coach configuration. In conjunction with a fleet of 10 Bombardier Q400 aircraft operated by Lynx Aviation (a subsidiary of Frontier Airlines Holdings, Inc.), Frontier offers routes to more than 50 destinations in the U.S., Mexico and Costa Rica. For more in-depth information on Frontier Airlines, please visit its Web site at FrontierAirlines.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this press release that are not historical facts may be forward-looking statements as that item is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could result in actual results differing materially from expected results and represent the Company's expectations and beliefs concerning future events based on information available to the Company as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release. Additional information regarding risk factors that may affect future performance at the Company are contained in the Company's SEC filings, including without limitation, the Company's Form 10-K for its fiscal year ended March 31, 2009.

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