Frontier Caps All Domestic One-Way Fares

In a move that will dramatically lower fares for business and leisure
travelers making last minute flight reservations, Frontier Airlines today
announced a cap of $299 on all its domestic fares from Denver (does not
include Mexico and Alaska). This new simplified fare cap is a 25-50%
reduction from its previous caps of $399 and $499, and it offers a new
level of transparency that is unparalleled in the airline industry. While
on average, travelers on Frontier will pay far less than $299 for a
one-way domestic ticket, they can now be confident that they will never
pay more than $299, which is particularly attractive to last minute
business and leisure travelers. In addition, unlike other airlines, the
fares can be booked each way allowing customers to get the best price on
both the inbound and outbound portion of their travel itinerary.

“Frontier believes the market for last-minute travel has permanently
transitioned in the past few years, creating savvy travelers who will no
longer pay the excessive walk-up fares charged by some airlines,” said
Sean Menke, senior vice president of marketing. “Taking our cap reductions
from last year one step further, today`s announcement is intended to send
an even stronger signal to business travelers, letting them know that they
will no longer be penalized for their business travel. It is our hope that
this $299 guarantee will help stimulate American companies to allow more
business travel and get back to the business of doing business in person.”

Currently in its tenth year of operations, Denver-based Frontier Airlines
is the second largest jet service carrier at Denver International Airport
with a fleet of 39 aircraft and employing approximately 3,800 aviation
professionals. Frontier, in conjunction with Frontier JetExpress operated
by Horizon Air, operates routes linking our Denver hub to 37 cities in 22
states spanning the nation from coast-to-coast and to four cities in
Mexico. Frontier`s maintenance and engineering department has 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, for four consecutive years. In August 2003, Frontier ranked as
one of the “Top 10 Domestic Airlines” as determined by readers of Travel &
Leisure magazine. Frontier provides capacity information and other
operating statistics on its Web site, which may be viewed at