CORRECTING AND REPLACING Frontier Airlines Reports March 2013 Traffic

  CORRECTING AND REPLACING Frontier Airlines Reports March 2013 Traffic

CORRECTION...by Frontier Airlines

Business Wire

INDIANAPOLIS -- April 4, 2013

Please replace the release dated April 3, 2013 with the following corrected
version due to multiple revisions.

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 3 points from March 2012 to a
record level of 89%. Frontier’s traffic decreased 23% to 0.9 billion revenue
passenger miles (RPMs) on a 26% reduction in capacity. Frontier Airlines
served 0.9 million passengers in March. Frontier reported a record first
quarter load factor of 87%, an increase of 4 points from 2012.

              March
                2013       2012      
                Total       Total       Change
MAINLINE
  RPMs (000s)   817,940     942,916     -13%
  ASMs (000s)   910,761     1,077,308   -15%
  Block Hrs     16,439      19,571      -16%
  LF %          90%         88%         2 pts
  Passengers    859,681     921,567     -7%
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)   850,219     1,100,980   -23%
  ASMs (000s)   950,164     1,275,682   -26%
  Block Hrs     17,590      26,386      -33%
  LF %          89%         86%         3 pts
  Passengers    901,523     1,169,322   -23%
                                        
                Quarter to Date
                2013^1      2012
                Total       Total       Change
MAINLINE
  RPMs (000s)   2,300,658   2,540,905   -9%
  ASMs (000s)   2,622,408   2,999,863   -13%
  Block Hrs     47,343      54,923      -14%
  LF %          88%         85%         3 pts
  Passengers    2,394,723   2,517,472   -5%
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)   2,398,835   2,958,299   -19%
  ASMs (000s)   2,749,743   3,568,278   -23%
  Block Hrs     51,412      75,118      -32%
  LF %          87%         83%         4 pts
  Passengers    2,557,525   3,192,919   -20%

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.

^1 January and February 2013 traffic releases inadvertently excluded charter
flying within the Frontier operations.

Contact:

Republic Airways Holdings
Margaret Miller, 317-246-2628
 
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