Vanguard Airlines Eliminates Fuel Surcharge

Kansas City, MO—Vanguard Airlines, Inc. (NasdaqSC: VNGD) today announced the end of fuel surcharges on all tickets sold, starting immediately.

Jeff Potter, CEO and President of Vanguard Airlines, said, “It is time that airlines end the confusion about the cost of airline tickets. Vanguard is committed to leading the airline industry in offering customers straightforward prices that are easy to buy and easy to use. We strive to provide the lowest fares possible, and we want to make sure that the full value of our fares is clear to our customers.”

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 in 2001.