Frontier Airlines Reports Preliminary Traffic for July 2008

Frontier Airlines Holdings, Inc. (BULLETIN BOARD: FRNTQ) today announced preliminary traffic results for July 2008 for both Frontier's mainline operation as well as its wholly owned subsidiary, Lynx Aviation. Lynx Aviation commenced revenue service in December 2007. As such, only the current month, quarter-to-date and calendar year-to-date are presented for Lynx Aviation in the text and table below.

Mainline Results:

For July 2008, Frontier carried a record number of 1,073,624 passengers, a 0.8 percent increase from July 2007. The airline reported passenger yield of 12.08 cents for the month of July 2008, an increase of 3.9 percent from the same period last year. Its passenger revenue per available seat mile was 10.61 cents, up 0.32 cents or 3.1 percent from July 2007. For the month of July 2008, the airline's average length of haul decreased 3.4 percent to 913 miles, compared to the same period last year. Revenue passenger miles decreased 2.6% percent to 979,767,000 for July 2008 from the same period last year. Available seat miles decreased 1.9 percent to 1,115,427,000 for July 2008 from the same period last year. This resulted in a load factor for July 2008 of 87.8 percent, a decrease of 0.7 points from July 2007.

Lynx Aviation Results:

For July 2008, Lynx Aviation reported revenue passenger miles of 37,040,000 and available seat miles of 51,588,000, respectively. This resulted in a load factor for July 2008 of 71.8% percent. Lynx Aviation carried 108,492 passengers during July 2008, generating passenger yield of 24.22 cents. Lynx Aviation passenger revenue per available seat mile was 17.39 cents and its average length of haul was 341 miles.

The following tables represent comparisons for the month of July year-over-year, quarter-to-date, and calendar year-to-date traffic results for Frontier's mainline operations and for Frontier Airlines Holding's, Inc. wholly owned subsidiary, Lynx Aviation.

  Mainline



                                                         Increase/

                            July 2008     July 2007     (Decrease)   Percent

  Available Seat Miles   1,115,427,000  1,137,363,000  (21,936,000)   (1.9%)

  Revenue Passenger Miles  979,767,000  1,006,431,000  (26,664,000)   (2.6%)

  Load Factor                    87.8%          88.5%  (0.7) points     N/A

  Revenue Passengers

   Carried                   1,073,624      1,064,964        8,660     0.8%

  **Passenger Yield

   (cents)                       12.08          11.63         0.45     3.9%

  **Passenger Revenue Per

   Avail. Seat Mile (cents)      10.61          10.29         0.32     3.1%

  Average Length of Haul           913            945          (32)   (3.4%)







                             Fiscal         Fiscal

                          Year-to-Date   Year-to-Date     Increase/

                              2009           2008        (Decrease)  Percent

  Available Seat Miles   4,299,717,000   4,323,425,000  (23,708,000)  (0.5%)

  Revenue Passenger      3,642,386,000   3,597,337,000   45,049,000    1.3%

   Miles

  Load Factor                    84.7%           83.2%   1.5 points     N/A

  Revenue Passengers

   Carried                   3,903,906       3,787,376      116,530    3.1%

  **Passenger Yield

   (cents)                       10.96           10.93          .03    0.3%

  **Passenger Revenue Per

   Avail. Seat Mile (cents)       9.28            9.09          .19    2.1%

  Average Length of Haul           933             950          (17)  (1.8%)







                            Calendar        Calendar

                           Year-to-Date   Year-to-Date   Increase/

                              2008            2007      (Decrease)   Percent

  Available Seat Miles   7,414,144,000   7,260,459,000  153,685,000    2.1%

  Revenue Passenger      6,083,169,000   5,686,526,000  396,643,000    7.0%

   Miles

  Load Factor                    82.0%           78.3%   3.7 points     N/A

  Revenue Passengers

   Carried                   6,380,684       6,009,900      370,784    6.2%

  **Passenger Yield

   (cents)                       10.88           10.90         (.02)  (0.2%)

  **Passenger Revenue Per

   Avail. Seat Mile (cents)       8.93            8.54          .39    4.6%

  Average Length of Haul           953             946            7    0.7%







  Lynx Aviation





                                                          Increase/

  Available Seat Miles       July 2008     July 2007     (Decrease)  Percent

   (ASM)                    51,588,000          NA            NA        NA

  Revenue Passenger Miles   37,040,000          NA            NA        NA

  Load Factor                    71.8%          NA            NA        NA

  Revenue Passengers

   Carried                     108,492          NA            NA        NA

  **Passenger Yield

   (cents)                       24.22          NA            NA        NA

  **Passenger Revenue Per

   ASM (cents)                   17.39          NA            NA        NA

  Average Length of Haul           341          NA            NA        NA







                             Fiscal          Fiscal

                           Year-to-Date   Year-to-Date    Increase/

                              2009             2008      (Decrease)  Percent

  Available Seat Miles     184,296,000          NA            NA        NA

  Revenue Passenger Miles  119,164,000          NA            NA        NA

  Load Factor                    64.7%          NA            NA        NA

  Revenue Passengers

   Carried                     343,659          NA            NA        NA

  **Passenger Yield

   (cents)                       22.61          NA            NA        NA

  **Passenger Revenue Per

   ASM (cents)                   14.62          NA            NA        NA

  Average Length of Haul           347          NA            NA        NA







                             Calendar       Calendar

                           Year-to-Date    Year-to-Date   Increase/

                               2008            2007      (Decrease)  Percent

  Available Seat Miles     332,521,000          NA            NA        NA

  Revenue Passenger Miles  208,719,000          NA            NA        NA

  Load Factor                    62.8%          NA            NA        NA

  Revenue Passengers

   Carried                     546,111          NA            NA        NA

  **Passenger Yield

   (cents)                       20.74          NA            NA        NA

  **Passenger Revenue Per

   ASM (cents)                   13.02          NA            NA        NA

  Average Length of Haul           382          NA            NA        NA

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