Frontier Airlines Reports Preliminary Traffic for April 2007

DENVER, May 7 /PRNewswire-FirstCall/ — Frontier Airlines today announced preliminary traffic results for April 2007. Revenue passenger miles increased 11.4 percent to 788,684,000 for April 2007 from the same period last year. Available seat miles increased 16.4 percent to 1,021,537,000 for April 2007 from the same period last year. This resulted in a load factor for April 2007 of 77.2 percent, a decrease of 3.5 points from April 2006, when the airline reported a load factor of 80.7 percent. The airline carried 825,329 passengers during April 2007, an 11.8 percent increase from April 2006. The airline reported passenger yield of 10.24 cents for the month of April 2007, a decrease of 0.1 percent from the same period last year. Its preliminary passenger revenue per available seat mile (RASM) was 7.91 cents, down .36 cents or 4.4 percent from April 2006.

The following table represents comparisons for the month of April and calendar year-to-date, year-over-year traffic results.

                                                          Increase/                            April 2007    April 2006     (Decrease)   Percent   Available Seat Miles   1,021,537,000   877,436,000   144,101,000    16.4%   Revenue Passenger    Miles                   788,684,000   707,660,000    81,024,000    11.4%   Load Factor                     77.2%         80.7%  (3.5 Points)     N/A   Revenue Passengers    Carried                     825,329       738,369        86,960    11.8%   **Passenger Yield    (cents)                       10.24         10.25          (.01)   (0.1%)   **Passenger Revenue    Per Avail. Seat Mile    (cents)                        7.91          8.27          (.36)   (4.4%)   Average Length of Haul           956           958            (2)   (0.2%)                                Calendar      Calendar                           Year-to-Date  Year-to-Date     Increase/   Percent                               2007          2006        (Decrease)   Available Seat Miles   3,958,571,000 3,436,955,000   521,616,000    15.2%   Revenue Passenger    Miles                 2,877,873,000 2,589,397,000   288,476,000    11.1%   Load Factor                     72.7%         75.3%  (2.6 Points)     N/A   Revenue Passengers    Carried                   3,047,853     2,718,256       329,597    12.1%   **Passenger Yield    (cents)                       10.69         10.60           .09     0.8%   **Passenger Revenue    Per Avail. Seat Mile    (cents)                        7.77          7.98          (.21)   (2.6%)   Average Length of Haul           944           953            (9)    (.9%)     Frontier’s fiscal year begins April 1 and ends March 31.   

Statistics are for Frontier mainline service only (does not include Frontier JetExpress).

**Passenger yield and passenger revenue per available seat mile is calculated from revenue derived only from the 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 59 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 58 destinations including 48 U.S. cities in 30 states spanning the nation from coast to coast, eight cities in Mexico and two cities in Canada. In November 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 December 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 http://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.

Frontier Airlines

CONTACT: Joe Hodas of Frontier Airlines, +1-720-374-4504,jhodas@flyfrontier.com

Web site: http://www.frontierairlines.com/