Frontier Airlines To Lease Additional Aircraft

Frontier Airlines (Nasdaq: FRNT ) today announced it has entered into an aircraft lease agreement for an additional 136-seat Boeing 737-300 jet from International Lease Finance Corporation (ILFC). The aircraft will be available for service Sept. 15, 2000. With today`s announcement, Frontier`s fleet consists of 18 737-300s and seven 737-200s.

“The addition of this aircraft allows us to meet the requirements of our year-over-year growth plan, which calls for an increase in available seat miles in excess of 20 percent,” said Frontier President Sam Addoms. “We look forward to adding Ronald Reagan Washington National Airport to our route structure on September 7, as well as increasing the number of frequencies in some of our key markets.”