FRONTIER AIRLINES CONTINUING NORMAL
OPERATIONS FOLLOWING CHAPTER 11 FILING
On April 10, 2008, Frontier Airlines Holdings, Inc. filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code, in the Southern District of New York. This action followed an unexpected attempt by Frontier's principal credit card processor to substantially increase a "hold-back" of customer receipts, which threatened to severely impact Frontier's liquidity.

On June 22, 2009, Frontier Airlines Holdings, Inc. announced that it had reached an investment agreement with Republic Airways Holdings Inc. (NASDAQ: RJET) by which Republic will serve as equity sponsor for Frontier's plan of reorganization, allowing Republic to purchase 100% of the equity in the reorganized company for $108.75 million. The plan sponsorship agreement is subject to bankruptcy court approval and various conditions.

If the plan of reorganization is approved and implemented as proposed, upon its emergence from Chapter 11, Frontier Airlines Holdings would become a wholly owned subsidiary of Republic, an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America. Frontier Airlines and Lynx Aviation would maintain their current names and continue to operate as usual.

Frontier Airlines intends to continue normal business operations throughout its reorganization process. Specifically, we expect to continue to:

- Operate our full schedule of flights;
- Honor tickets and reservations and provide refunds and exchanges per our standard policy;
- Maintain our EarlyReturns frequent flyer program and other award-winning customer service programs;
- Provide employee wages and benefits without interruption; and
- Pay suppliers for goods and services received during the reorganization process.

All of us at Frontier are committed to doing all we can to make sure you choose Frontier every time you fly and getting you to your destination safely and on time.
Additional information is available at the following links:

Information for Customers
Information for Suppliers
Information for Investors
Information for Media
General Information
- Claims Information and Court Documents http://Chapter11.epiqsystems.com/frontier
- US Bankruptcy Court for the Southern District of New York http://www.nysb.uscourts.gov/
- The New York office of the United States Trustee http://www.usdoj.gov/ust/r02/manhattan.htm