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Frontier Airlines Reports Preliminary Traffic for August 2008

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 ofDenver-based Frontier Airlines. Currently in its 15th year of operations, Frontier Airlines is the second-largest jet service carrier atDenver International Airport, employing more than 5,000 aviation professionals. Frontier Airlines' mainline operation has 58 aircraft with one of the youngest Airbus fleets inNorth 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 andCosta 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.

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Frontier Airlines Reports Preliminary Traffic for August 2008