Vanguard Airlines Announces New Vice President And General Counsel

Kansas City, MO—Vanguard Airlines, Inc. (NasdaqSC: VNGD) today announced the appointment of Bob Rowen to the position of Vice President and General Counsel.

Mr. Rowen brings fifteen years of airline experience to Vanguard. He held previous positions as Vice President and General Counsel of Reno Air from 1994 to 1998 and as Associate General Counsel at Continental Airlines from 1987 to 1994. Prior to that, Mr. Rowen was an associate with the law firm Hughes Hubbard & Reed in New York and Los Angeles. He is a 1981 graduate of New York University School of Law.

Jeff Potter, CEO and President of Vanguard Airlines, said, “Bob`s experience in rapidly growing mid-sized airlines makes him a perfect fit for Vanguard. Bob is experienced in both the legal issues that airlines such as Vanguard typically face, as well as assessing the capital markets required to fund that growth. We are excited to welcome Bob`s contributions to the Vanguard team.”

Bob Rowen said, “I am pleased to become a part of Vanguard’s new management team at this important juncture for the company. With the recent expansion of the Kansas City hub, the new destinations and the scheduled delivery of six MD-80 series aircraft, this is an exciting time to join the Vanguard family.”

Kansas City-based Vanguard Airlines, which began service in December 1994, is a value-priced, 100 percent ticketless passenger airline. The airline provides convenient all-jet service to 15 cities: Atlanta, Austin, Buffalo/Niagara Falls, Chicago-Midway, Dallas/Ft. Worth, Denver, Kansas City, Las Vegas (beginning April 1), Los Angeles, Minneapolis/St. Paul, Myrtle Beach, New Orleans, New York-LaGuardia, Pittsburgh and San Francisco (beginning April 1). The Company employs approximately 950 full-time equivalent employees and currently operates a fleet of 13 Boeing 737s. In April 2001, Vanguard will add two MD-80s to its fleet, with four more scheduled to be delivered throughout 2001.