Frontier Airlines Reports Preliminary Traffic for March 2007

DENVER, April 5 /PRNewswire-FirstCall/ -- Frontier Airlines (Nasdaq: FRNT) today announced preliminary traffic results for March 2007. Revenue passenger miles increased 11.5 percent to 821,335,000 for March 2007 from the same period last year. Available seat miles increased 17.9 percent to 1,068,833,000 for March 2007 from the same period last year. This resulted in a load factor for March 2007 of 76.8 percent, a decrease of 4.5 points from March 2006, when the airline reported a load factor of 81.3 percent. The airline carried 866,004 passengers during March 2007, a 12.2 percent increase from March 2006. The airline reported passenger yield of 11.72 cents for the month of March 2007, an increase of 5.7 percent from the same period last year. Its passenger revenue per available seat mile was 9.01 cents, down .01 or 0.1 percent from March 2006. For the month of March 2007, the airline's average length of haul decreased 0.7 percent to 948 miles as compared to the same period last year.

The following table represents comparisons for the month of March, quarter ended and fiscal year ended March 31, 2007, year-over-year traffic results.

                                                          Increase/
                          March 2007      March 2006     (Decrease)   Percent
    Available Seat
     Miles (ASM)        1,068,833,000     906,194,000    162,639,000    17.9%
    Revenue Passenger
     Miles                821,335,000     736,783,000     84,552,000    11.5%
    Load Factor                  76.8%           81.3%   (4.5 points)    N/A
    Revenue Passengers
     Carried                  866,004         771,587         94,417    12.2%
    **Passenger Yield
     (cents)                    11.72           11.09            .63     5.7%
    **Passenger Revenue
     Per ASM (cents)             9.01            9.02           (.01)   (0.1%)
    Average Length of
     Haul                         948             955             (7)   (0.7%)



                         Three Months    Three Months      Increase/
                        Ended 3/31/07   Ended 3/31/06     (Decrease)  Percent
    Available Seat
     Miles              2,937,034,000   2,559,519,000    377,515,000    14.7%
    Revenue Passenger
     Miles              2,089,189,000   1,881,737,000    207,452,000    11.0%
    Load Factor                  71.1%           73.5%   (2.4 points)    N/A
    Revenue Passengers
     Carried                2,222,524       1,979,887        242,637    12.3%
    **Passenger Yield
     (cents)                    10.86           10.73            .13     1.2%
    **Passenger Revenue
     Per ASM (cents)             7.73            7.89           (.16)    2.0%
    Average Length of
     Haul                         940             950            (10)   (1.1%)


                           Fiscal          Fiscal
                         Year-Ended      Year-Ended        Increase/
                           3/31/07         3/31/06        (Decrease)  Percent

    Available Seat
     Miles             11,310,070,000   9,885,599,000  1,424,471,000    14.4%
    Revenue Passenger
     Miles              8,532,577,000   7,436,830,000  1,095,747,000    14.7%
    Load Factor                  75.4%           75.2%    0.2 points     N/A
    Revenue Passengers
     Carried                9,140,157       7,763,835      1,376,322    17.7%
    **Passenger Yield
     (cents)                    10.99           10.76            .23     2.1%
    **Passenger Revenue
     Per ASM (cents)             8.29            8.09            .20     2.5%
    Average Length of
     Haul                         934             958            (24)   (2.5%)



    Frontier's fiscal year begins April 1 and ends March 31.

    **Passenger yield and passenger revenue per available seat mile are
      calculated from revenue derived only from the mainline revenue
      passengers reported in this press release.

    About Frontier Airlines Holdings, Inc.

Frontier Airlines Holdings, Inc. is the parent company of Denver-based Frontier Airlines. Currently in its 13th year of operations, Frontier Airlines is the second-largest jet service carrier at Denver International Airport, employing approximately 5,000 aviation professionals. With 57 aircraft and one of the youngest Airbus fleet in North America, Frontier offers 24 channels of DIRECTV(R) service in every seatback along with 33 inches of legroom in an all coach configuration. In conjunction with its regional jet fleet, operated by Horizon and Republic Airlines, Frontier offers routes linking its Denver hub to 57 destinations including 48 U.S. cities in 30 states spanning the nation from coast to coast, eight cities in Mexico and one city in Canada. In Nov. 2006, Frontier and AirTran announced a first-of-its-kind integrated marketing partnership that offers travelers the ability to reach more than 80 destinations across four countries with low fares, aboard two of the youngest fleets in the industry. In Dec. 2006, Frontier was designated "Best Low Cost Carrier" in the U.S. by the readers of Business Traveler magazine. Frontier's maintenance department has received the Federal Aviation Administration (FAA) Diamond Award recognizing its advanced training standards for eight consecutive years, from 1999 to 2006. For more in-depth information on Frontier Airlines, please visit our Web site at www.FrontierAirlines.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this press release that are not historical facts may be forward-looking statements as that item is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could result in actual results differing materially from expected results and represent the Company's expectations and beliefs concerning future events based on information available to the Company as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release. Additional information regarding risk factors that may affect future performance at the Company are contained in the Company's SEC filings, including without limitation, the Company's Form 10-K for its fiscal year ended March 31, 2006 and the Company's Form 10-Q for the quarter ended December 31, 2006.