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Press release from Business Wire

CORRECTING AND REPLACING Frontier Airlines Reports March 2013 Traffic

Wednesday, April 03, 2013

CORRECTING AND REPLACING Frontier Airlines Reports March 2013 Traffic

18:01 EDT Wednesday, April 03, 2013

INDIANAPOLIS (Business Wire) -- First graph, third sentence of release should read: Frontier's traffic decreased 31% to 0.8 billion available seat miles (ASMs) on a 34% reduction in capacity. (sted Frontier's traffic decreased 23% to 0.8 billion available seat miles (ASMs) on a 25% reduction in capacity.)

The corrected release reads:

FRONTIER AIRLINES REPORTS MARCH 2013 TRAFFIC

Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ/NM: RJET), today reported preliminary traffic results for March 2013. For the month, Frontier's load factor increased by 4 points from March 2012 to a record level of 90%. Frontier's traffic decreased 31% to 0.8 billion available seat miles (ASMs) on a 34% reduction in capacity. Frontier Airlines served 0.8 million passengers in March. Frontier reported a record first quarter load factor of 88%, an increase of five points from 2012.

       
March
2013 2012
Total   Total   Change
MAINLINE
RPMs (000s) 727,928 942,916 -23%
ASMs (000s) 806,911 1,077,308 -25%
Block Hrs 14,769 19,571 -25%
LF % 90% 88% 2 pts
Passengers 800,829 921,567 -13%
REGIONAL
RPMs (000s) 32,279 158,065 -80%
ASMs (000s) 39,403 198,374 -80%
Block Hrs 1,151 6,815 -83%
LF % 82% 80% 2 pts
Passengers 41,842 247,755 -83%
CONSOLIDATED
RPMs (000s) 760,206 1,100,980 -31%
ASMs (000s) 846,314 1,275,682 -34%
Block Hrs 15,920 26,386 -40%
LF % 90% 86% 4 pts
Passengers 842,671 1,169,322 -28%
 
Quarter to Date
2012 2011
Total   Total   Change
MAINLINE
RPMs (000s) 2,076,470 2,540,905 -18%
ASMs (000s) 2,350,489 2,999,863 -22%
Block Hrs 42,987 54,923 -22%
LF % 88% 85% 3 pts
Passengers 2,248,992 2,517,472 -11%
REGIONAL
RPMs (000s) 98,178 417,394 -76%
ASMs (000s) 127,335 568,415 -78%
Block Hrs 4,069 20,195 -80%
LF % 77% 73% 4 pts
Passengers 162,802 675,447 -76%
CONSOLIDATED
RPMs (000s) 2,174,648 2,958,299 -26%
ASMs (000s) 2,477,823 3,568,278 -31%
Block Hrs 47,056 75,118 -37%
LF % 88% 83% 5 pts
Passengers 2,411,794 3,192,919 -24%
 

About Frontier Airlines

Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ/NM: RJET), an airline holding company that also owns Chautauqua Airlines, Republic Airlines and Shuttle America. Currently in its 19th year of operations, Frontier offers service to more than 80 destinations in the United States, Mexico, Costa Rica, Jamaica and the Dominican Republic. The airline employs more than 4,500 aviation professionals, operating from its hub at Denver International Airport. For in-depth information on Frontier Airlines and to book tickets, visit www.flyfrontier.com.

Republic Airways Holdings
Margaret Miller, 317-246-2628

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