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Press release from Business Wire

Frontier Airlines Reports March 2012 Traffic

Monday, April 09, 2012

Frontier Airlines Reports March 2012 Traffic12:01 EDT Monday, April 09, 2012 INDIANAPOLIS (Business Wire) -- Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ: RJET), today reported preliminary traffic results for March 2012. Frontier's traffic decreased 1%, to 1.1 billion revenue passenger miles (RPMs), while capacity decreased 3%, to 1.3 billion available seat miles (ASMs). Frontier Airlines served 1.2 million passengers in March, a 7% decrease from March 2011. For the month, Frontier had a load factor of 86.3% compared to 84.4% in the March 2011. It was Frontier's ninth consecutive record monthly load factor. “Our effective capacity deployment and high value product are continuing to generate excellent load factor performance,” said Daniel Shurz, Frontier Airlines Senior Vice President, Commercial.               MarchQuarter to Date2012201120122011Total   Total   ChangeTotal   Total   ChangeMAINLINE RPMs (000s) 942,916 845,048 12% 2,540,905 2,181,928 16% ASMs (000s) 1,077,308 979,848 10% 2,999,863 2,707,605 11% Block Hrs 19,571 18,527 6% 54,923 51,644 6% LF % 87.5% 86.2% 1.3 pts 84.7% 80.6% 4.1 pts Passengers 921,567 833,577 11% 2,517,472 2,143,030 17% REGIONAL RPMs (000s) 158,065 269,448 -41% 417,394 692,277 -40% ASMs (000s) 198,374 341,009 -42% 568,415 936,495 -39% Block Hrs 6,815 13,472 -49% 20,195 37,706 -46% LF % 79.7% 79.0% 0.7 pts 73.4% 73.9% -0.5 pts Passengers 247,755 422,365 -41% 675,447 1,102,010 -39% CONSOLIDATED RPMs (000s) 1,100,980 1,114,496 -1% 2,958,299 2,874,205 3% ASMs (000s) 1,275,682 1,320,856 -3% 3,568,278 3,644,100 -2% Block Hrs 26,386 31,998 -18% 75,118 89,350 -16% LF % 86.3% 84.4% 1.9 pts 82.9% 78.9% 4.0 pts Passengers 1,169,322 1,255,942 -7% 3,192,919 3,245,040 -2%   About Frontier Airlines Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ: RJET), an airline holding company that also owns Chautauqua Airlines, Republic Airlines and Shuttle America. Currently in its 18th year of operations, Frontier offers service to more than 70 destinations in the United States, Mexico, Costa Rica and the Dominican Republic. The airline employs 5,000 aviation professionals, operating from its hub at Denver International Airport. For in-depth information on Frontier Airlines and to book tickets, visit FrontierAirlines.com. Republic Airways HoldingsMargaret Miller, 317-246-2628