Frontier Airlines (Nasdaq: FRNT) today announced it has accepted delivery of its seventh Airbus A319. The airline purchased the 132-seat Airbus A319 with financing provided by Hamburgische Landesbank in Hamburg, Germany. The company expects the aircraft to enter scheduled service over Memorial Day weekend. With today`s announcement, Frontier`s fleet consists of 17 737-300s, seven 737-200s and seven Airbus A319s, for a total of 31 aircraft.
The company plans to accept delivery of an additional nine Airbus A319s during its fiscal year ending March 31, 2003. Including the anticipated return of five Boeing aircraft, the airline plans to operate a fleet of 16 Boeing 737-300s, three Boeing 737-200s and 16 Airbus A319s, or a total of 35 aircraft, by the end of its fiscal year ending March 31, 2003.
Denver-based Frontier Airlines is the second largest jet service carrier at Denver International Airport with a fleet of 31 aircraft and employing approximately 2,800 aviation professionals. Frontier and its affiliate Frontier JetExpress currently serve 32 U.S. cities with 150 daily flights. In 1999, 2000 and 2001, Frontier`s maintenance and engineering department received the Federal Aviation Administration`s highest award, the Diamond Certificate of Excellence, in recognition of 100 percent of its maintenance and engineering employees completing advanced aircraft maintenance training programs. In April 2002, Entrepreneur Magazine ranked Frontier one of two “Best Low-Fare Airlines,” and in September 2001, Fortune Magazine ranked Frontier 41st on its 100 Fastest Growing Companies list. Frontier provides capacity information and other operating statistics on its Web site, which may be viewed at www.frontierairlines.com.