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Frontier Airlines Declares Itself King of the Mountain!
Four Colorado Cities Highlight Continued Realignment of Route Network and Regional Aircraft Deployment
DENVER (February 14, 2008) – Following the first phase of a major realignment of its route structure announced in November 2007, Frontier Airlines (NASDAQ: FRNT) today announced eight new regional destinations designed to optimize the financial performance of its Embraer E-170 and Bombardier Q400 regional aircraft (operated for Frontier by Republic Air and Lynx Aviation respectively). In conjunction with its regional expansion, Frontier is also increasing capacity to several of its most popular destinations as it replaces regional aircraft with mainline flying and increases frequencies in time for the busy summer travel season.
A centerpiece to the regional realignment will be new non-stop service between Frontier’s Denver International Airport (DEN) hub and four of Colorado’s top destinations. Utilizing its new fleet of Bombardier Q400 aircraft operated by Frontier Airlines Holdings, Inc. subsidiary Lynx Aviation, Frontier will serve the following with non-stop, daily service from Denver:
Colorado Springs Municipal Airport (COS), Colorado Springs, CO beginning April 15, 2008
Aspen/Pitkin County Airport (ASE), Aspen, CO beginning May 15, 2008
Durango-La Plata County Airport (DRO), Durango, CO beginning May 15, 2008
Walker Field Airport (GJT), Grand Junction, CO beginning May 15, 2008
The quiet, fuel-efficient, and technologically-advanced Q400 aircraft are ideal for flying into smaller markets and allow Frontier to bring its industry-leading customer service to underserved markets unreachable with its larger aircraft. Frontier’s new service is expected to reduce the average fare in many of the new markets by as much as 50%.
“Frontier’s new service is great news for Colorado, and it's even better news for travelers from around the country seeking to visit Colorado’s top destinations,” said Colorado Governor Bill Ritter. “Tourism is one of Colorado’s most important economic drivers and with the additional capacity Frontier will provide, there is only upside for the tourism industry. On behalf of the state of Colorado, we wish Frontier the best of luck in their new endeavor, and we look forward to sharing the beauty of Colorado with even more visitors, whether they are coming to Colorado for the first time or returning to Colorado for the 50th time.”
“We’re thrilled Colorado’s hometown carrier is making it easier for travelers across the United States to reach the Rocky Mountains and their ample tourist attractions," said Rob Perlman, Chairman of the Colorado Tourism Office Board of Directors. "Experiencing Colorado's world-class ski resorts, superior outdoor recreation, historic and natural points of interest and cultural events is easier than ever. Frontier’s expanded air service to Colorado Springs and its natural wonders, Grand Junction and its growing agritourism, and the mountain airports of Aspen and Durango is great news for locals and visitors alike and illustrates Frontier’s continued commitment to improving air access throughout Colorado," Perlman added.
"Today’s announcement is significant to our ongoing network realignment as these new destinations represent better utilization of our assets, allowing us to expand our network, increase higher-yielding traffic flows and diversify against competitive overlap," said Frontier President and CEO Sean Menke. “Our new fleet of Q400 aircraft also allows us to become the first low-cost carrier to offer service to these exciting mountain resorts and regional destinations. The irony is that so many of these new markets have been in our backyard since we began flying in 1994, but we have never had the right aircraft to be able to offer the low-fare, high-quality service that is a trademark of Frontier until we established our subsidiary Lynx Aviation and ordered the Q400."
From May 15–June 5, Frontier Airlines is going to be offering more seats into Aspen (370 seats daily) than either United (305 seats daily) or Delta (70 seats daily).
With five flights daily from ASE to Denver beginning at 7:00 a.m., great connections will be offered to anywhere Frontier Airlines flies.
Of the eight new cities announced by Frontier last week, no one city is going to see higher frequency or better connections than Aspen/Snowmass.
Even though it is a turbo-prop, the 74-seat Q-400 flown by Frontier Airlines will be the largest commercial airliner serving Aspen. Because it is so powerful, it will be practically immune from weight restrictions due to heat during the summer months and far less susceptible to tailwind restrictions than any aircraft that has ever served ASE until now. Known as the “Green Machine,” the Bombardier Q-400 is the fastest, quietest, and most environmentally friendly commercial airline ever built.
Introductory fares have already plummeted to as low as $79 each way from Denver, $139 each way from anywhere Frontier flies on the west coast, and $159 each way from almost anywhere on the East Coast beginning the day Frontier arrives into town on May 15 (These fares are based on a roundtrip purchase before taxes and surcharges).
As of Monday afternoon, Delta (which just inaugurated new nonstop service from Atlanta this past weekend) has already matched Frontier’s fares on most routes with which they compete against Frontier out of Aspen/Snowmass, while United so far has not.
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