Frontier Airlines Reports Preliminary Traffic for December 2007

DENVER, Jan. 7 /PRNewswire-FirstCall/ -- Frontier Airlines (Nasdaq: FRNT)
today announced preliminary traffic results for December 2007. Revenue
passenger miles increased 31.7 percent to 798,754,000 for December 2007 from
the same period last year. Available seat miles increased 23.6 percent to
1,099,556,000 for December 2007 from the same period last year. This resulted
in a load factor for December 2007 of 72.6 percent, an increase of 4.4 points
from December 2006, when the airline reported a load factor of 68.2 percent.
The airline carried 808,765 passengers during December 2007, a 26.5 percent
increase from December 2006. The airline reported passenger yield of 11.55
cents for the month of December 2007, an increase of 1.5 percent from the same
period last year. Its passenger revenue per available seat mile was
8.39 cents, up .63 or 8.1 percent from December 2006. For the month of
December 2007, the airline's average length of haul increased 4.1 percent to
988 miles as compared to the same period last year.
"We are further revising the guidance we provided at the beginning of
December because of higher than expected operating expenses related to the
winter storms at our Denver hub and throughout the Midwest in late December,"
said Sean Menke, Frontier President and CEO. "In addition, we experienced
weaker-than-expected performance in some sun destination markets, many of
which will be eliminated by January 10, 2008. As a result, we now anticipate a
pre-tax loss for the December quarter in the range of $.78 - $.88 cents per
share excluding special items."
The following table represents comparisons for the month of December
year-over-year, calendar 2007 year-over-year, fiscal 2008 year-over-year, and
the quarter ended December 31, 2007 year-over-year traffic results.

December December Increase/ Percent
2007 2006 (Decrease)
Available Seat Miles
(ASM) 1,099,556,000 889,373,000 210,183,000 23.6 %
Revenue Passenger
Miles 798,754,000 606,723,000 192,031,000 31.7 %
Load Factor 72.6 % 68.2 % 4.4 points N/A
Revenue Passengers
Carried 808,765 639,213 169,552 26.5 %
**Passenger Yield (cents) 11.55 11.38 .17 1.5 %
**Passenger Revenue Per
ASM (cents) 8.39 7.76 .63 8.1 %
Average Length of Haul 988 949 39 4.1 %

Calendar Calendar Increase/ Percent
Year-to-Date Year-to-Date (Decrease)
2007 2006
Available Seat
Miles 12,488,923,000 10,932,555,000 1,556,368,000 14.2 %
Revenue Passenger
Miles 9,823,626,000 8,325,125,000 1,498,501,000 18.0 %
Load Factor 78.7 % 76.2 % 2.5 points N/A
Revenue Passengers
Carried 10,367,329 8,897,520 1,469,809 16.5 %
**Passenger Yield
(cents) 10.85 10.96 (.11) (1.0%)
**Passenger Revenue Per
ASM (cents) 8.53 8.35 .18 2.2 %
Average Length of Haul 948 936 12 1.3 %

Fiscal Fiscal Increase/ Percent
Year-to-Date Year-to-Date (Decrease)
2008 2007
Available Seat
Miles 9,551,889,000 8,373,036,000 1,178,853,000 14.1 %
Revenue Passenger
Miles 7,734,437,000 6,443,388,000 1,291,049,000 20.0 %
Load Factor 81.0 % 77.0 % 4.0 points N/A
Revenue Passengers
Carried 8,144,805 6,917,633 1,227,172 17.7 %
**Passenger Yield
(cents) 10.84 11.03 (.19) (1.7%)
**Passenger Revenue Per
ASM (cents) 8.78 8.49 .29 3.4 %
Average Length of Haul 950 931 19 2.0 %

Quarter Ended Quarter Ended Increase/ Percent
Dec. 31, 2007 Dec. 31, 2006 (Decrease)

Available Seat
Miles 3,133,507,000 2,694,959,000 438,548,000 16.3 %
Revenue Passenger
Miles 2,404,926,000 1,919,890,000 485,036,000 25.3 %
Load Factor 76.8 % 71.2 % 5.6 points N/A
Revenue Passengers
Carried 2,521,316 2,085,712 435,604 20.9 %
**Passenger Yield
(cents) 10.92 11.05 (.13) (1.2%)
**Passenger Revenue Per
ASM (cents) 8.38 7.87 .51 6.5 %
Average Length of Haul 954 920 34 3.7 %

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 mainline 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 14th year of operations, Frontier Airlines
is the second-largest jet service carrier at Denver International Airport,
employing approximately 6,000 aviation professionals. With 60 aircraft and one
of the youngest Airbus fleets in North America, Frontier offers 24 channels of
DIRECTV(R) service in every seatback along with a comfortable all coach
configuration. In conjunction with its regional jet fleet, operated by
Republic Airlines, and a fleet of 8 Bombardier Q-400 aircraft operated by Lynx
Aviation (a subsidiary of Frontier Airlines Holdings, Inc.), Frontier offers
routes linking its Denver hub to 63 destinations, including 53 U.S. cities in
32 states spanning the nation from coast to coast; seven cities in Mexico; two
cities in Canada and one in 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
www.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, 2007.
SOURCE Frontier Airlines

Joe Hodas of Frontier Airlines, +1-720-374-4504, jhodas@flyfrontier.com