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Oct 5, 2011

Frontier Airlines Reports September 2011 Traffic



Provides Update on Restructuring Effort

INDIANAPOLIS, October 05, 2011 - Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ: RJET), today reported preliminary traffic results for September 2011. Frontier’s traffic increased 2%, to 1.0 billion revenue passenger miles (RPMs), while capacity was down 2%, at 1.2 billion available seat miles (ASMs). Frontier Airlines served 1.3 million passengers in September, a 5% increase from September 2010. September had a load factor of 86% compared to 83% in the same month last year. It was Frontier’s third consecutive record monthly load factor.

September

                         
        2011       2010        
        Total       Total       Change
RPMs (000s)       1,043,869       1,020,441       2%
ASMs (000s)       1,207,841       1,233,912       -2%
Block Hrs       27,131       30,071       -10%
LF %       86%       83%       3 pp
Passengers       1,257,797       1,203,083       5%
                         

Quarter to Date

                         
        2011       2010        
        Total       Total       Change
RPMs (000s)       3,553,271       3,494,871       2%
ASMs (000s)       3,962,984       3,997,183       -1%
Block Hrs       90,184       97,977       -8%
LF %       90%       87%       3 pp
Passengers       4,213,221       4,065,352       4%
                         

Year to Date

                         
        2011       2010        
        Total       Total       Change
RPMs (000s)       9,818,306       9,632,994       2%
ASMs (000s)       11,486,911       11,581,584       -1%
Block Hrs       271,847       291,883       -7%
LF %       85%       83%       2 pp
Passengers       11,372,196       11,167,176       2%
                         

Update on Restructuring Effort

Certain of Frontier’s restructuring agreements included conditions that were to be satisfied by September 30, 2011. Those conditions have either been satisfied or amended and Frontier is in compliance with all restructuring agreements.

About Frontier Airlines

Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ: RJET), an airline holding company that also owns Chautauqua Airlines, Republic Airlines and Shuttle America. Currently in its 18th year of operations, Frontier employs 5,000 aviation professionals and operates from hubs at Denver International Airport, Milwaukee’s General Mitchell International Airport and Kansas City International Airport. Frontier offers service to 80 destinations in the United States, Mexico and Costa Rica. For in-depth information on Frontier Airlines and to book tickets, visit FrontierAirlines.com.

 

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