Frontier Airlines Reports September 2011 Traffic

INDIANAPOLIS, October 05, 2011 – Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ: RJET), today reported preliminary traffic results for September 2011. Frontier’s traffic increased 2%, to 1.0 billion revenue passenger miles (RPMs), while capacity was down 2%, at 1.2 billion available seat miles (ASMs). Frontier Airlines served 1.3 million passengers in September, a 5% increase from September 2010. September had a load factor of 86% compared to 83% in the same month last year. It was Frontier’s third consecutive record monthly load factor.

Update on Restructuring Effort

Certain of Frontier’s restructuring agreements included conditions that were to be satisfied by September 30, 2011. Those conditions have either been satisfied or amended and Frontier is in compliance with all restructuring agreements.