Frontier Airlines Reports Preliminary Traffic for August 2008

* Reuters is not responsible for the content in this press release.

Fri Sep 5, 2008 7:02pm EDT

DENVER, Sept. 5 /PRNewswire-FirstCall/ -- Frontier Airlines Holdings, Inc.
(Pink Sheets: FRNTQ) today announced preliminary traffic results for August
2008 for both Frontier's mainline operation as well as its wholly owned
subsidiary, Lynx Aviation.  Lynx Aviation commenced revenue service in
December 2007.  As such, only the current month, quarter-to-date and calendar
year-to-date are presented for Lynx Aviation in the text and table below.
    Mainline Results:
    For August 2008, Frontier reported passenger yield of 11.40 cents for the
month of August 2008, a 2.0 percent increase from the same period last year.
The airline carried 1,012,102 passengers, a 0.1 percent decrease from August
2007. Its passenger revenue per available seat mile was 9.80 cents, up 0.07
cents or 0.7 percent from August 2007. For the month of August 2008, the
airline's average length of haul decreased 3.6 percent to 910 miles, compared
to the same period last year. Revenue passenger miles decreased 3.6 percent to
921,282,000 for August 2008 from the same period last year.  Available seat
miles decreased 2.4 percent to 1,071,798,000 for August 2008 from the same
period last year.  This resulted in a load factor for August 2008 of 86
percent, a decrease of 1 point from August 2007.
    Lynx Aviation Results:
    For August 2008, Lynx Aviation reported revenue passenger miles of
35,057,000 and available seat miles of 51,247,000 respectively. This resulted
in a load factor for August 2008 of 68.4 percent. Lynx Aviation carried
103,194 passengers during August 2008, with a passenger yield of 23.10 cents.
Lynx Aviation passenger revenue per available seat mile was 15.80 cents with
an average length of haul of 340 miles.
    The following tables represent comparisons for the month of August
year-over-year, quarter-to-date, and calendar year-to-date traffic results for
Frontier's mainline operations and for Frontier Airlines Holding's, Inc.
wholly owned subsidiary, Lynx Aviation.


    Mainline
                                                         Increase/
                          August 2008    August 2007    (Decrease)  Percent

    Available Seat Miles 1,071,798,000  1,098,043,000   (26,245,000)  (2.4%)
    Revenue Passenger
     Miles                 921,282,000    955,567,000   (34,285,000)  (3.6%)
    Load Factor                  86.0%          87.0%    (1.0 point)    NA
    Revenue Passengers
     Carried                 1,012,102      1,012,626          (524)  (0.1%)
    **Passenger Yield
     (cents)                     11.40          11.18           .22    2.0%
    **Passenger Revenue
     Per Avail. Seat
     Mile (cents)                 9.80           9.73           .07    0.7%
    Average Length of
     Haul                          910            944           (34)  (3.6%)


                             Fiscal          Fiscal
                          Year-to-Date    Year-to-Date   Increase/
                              2009            2008      (Decrease)  Percent

    Available Seat Miles 5,371,515,000  5,421,468,000   (49,953,000) (0.9%)
    Revenue Passenger
     Miles               4,563,668,000  4,552,904,000    10,764,000   0.2%
    Load Factor                  85.0%          84.0%     1.0 point     NA
    Revenue Passengers
     Carried                 4,916,008      4,800,002       116,006   2.4%
    **Passenger Yield
     (cents)                     11.05          10.98           .07   .64%
    **Passenger Revenue
     Per Avail. Seat
     Mile (cents)                 9.39           9.22           .17   1.8%
    Average Length of Haul         928            949           (21) (2.2%)


                            Calendar        Calendar
                          Year-to-Date    Year-to-Date   Increase/
                              2008            2007      (Decrease)  Percent

    Available Seat Miles 8,485,942,000  8,358,502,000  127,440,000   1.5%
    Revenue Passenger
     Miles               7,004,451,000  6,642,093,000  362,358,000   5.5%
    Load Factor                  82.5%          79.5%   3.0 points     NA
    Revenue Passengers
     Carried                 7,392,786      7,022,526      370,260   5.3%
    **Passenger Yield
     (cents)                     10.95          10.94          .01   0.1%
    **Passenger Revenue
     Per Avail. Seat
     Mile (cents)                 9.04           8.70          .34   3.9%
    Average Length of Haul         947            946            1   0.1%



    Lynx Aviation
                                                          Increase/
                           August 2008     August 2007   (Decrease)  Percent

    Available Seat Miles
     (ASM)                  51,247,000             NA           NA     NA
    Revenue Passenger
     Miles                  35,057,000             NA           NA     NA
    Load Factor                  68.4%             NA           NA     NA
    Revenue Passengers
     Carried                   103,194             NA           NA     NA
    **Passenger Yield
     (cents)                     23.10             NA           NA     NA
    **Passenger Revenue
     Per ASM (cents)             15.80             NA           NA     NA
    Average Length of Haul         340             NA           NA     NA


                             Fiscal          Fiscal
                          Year-to-Date    Year-to-Date     Increase/
                              2009            2008        (Decrease) Percent

    Available Seat Miles  235,543,000              NA           NA     NA
    Revenue Passenger
     Miles                154,221,000              NA           NA     NA
    Load Factor                 65.5%              NA           NA     NA
    Revenue Passengers
     Carried                  446,853              NA           NA     NA
    **Passenger Yield
     (cents)                    22.72              NA           NA     NA
    **Passenger Revenue
     Per ASM (cents)            14.88              NA           NA     NA
    Average Length of Haul        345              NA           NA     NA


                            Calendar          Calendar
                          Year-to-Date      Year-to-Date    Increase/
                              2008              2007       (Decrease) Percent

    Available Seat Miles  383,768,000              NA           NA     NA
    Revenue Passenger
     Miles                243,776,000              NA           NA     NA
    Load Factor                 63.5%              NA           NA     NA
    Revenue Passengers
     Carried                  649,305              NA           NA     NA
    **Passenger Yield
     (cents)                    21.08              NA           NA     NA
    **Passenger Revenue
     Per ASM (cents)            13.39              NA           NA     NA
    Average Length of Haul        375              NA           NA     NA

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

    ** Passenger yield and passenger revenue per available seat mile is
calculated from revenue derived only from the revenue passengers reported in
this press release.
    About Frontier Airlines Holdings, Inc.
    Frontier Airlines Holdings, Inc. is the parent company of Denver-based
Frontier Airlines. Currently in its 15th year of operations, Frontier Airlines
is the second-largest jet service carrier at Denver International Airport,
employing more than 5,000 aviation professionals. Frontier Airlines' mainline
operation has 58 aircraft with one of the youngest Airbus fleets in North
America. Frontier Airlines' mainline operations offer 24 channels of
DIRECTV(R) service in every seatback along with a comfortable all-coach
configuration. In conjunction with a fleet of ten 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,
Canada and Costa Rica. In November 2006, Frontier and AirTran announced a
first-of-its-kind integrated marketing partnership that offers travelers the
ability to reach more than 80 destinations across four countries with low
fares aboard two of the youngest fleets in the industry. 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, 2008.
SOURCE  Frontier Airlines Holdings, Inc.

Corporate Communications of Frontier Airlines, +1-720-374-4560,
media@flyfrontier.com
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