DENVER, April 15 /PRNewswire-FirstCall/ -- On April 11, 2008, Frontier
received a Staff Determination Letter from The Nasdaq Stock Market ('Nasdaq')
indicating that, as a result of the Company's filing for protection under
Chapter 11 of the U.S. Bankruptcy Code, Nasdaq has determined that the
Company's securities will be delisted from Nasdaq in accordance with the
discretionary authority granted to Nasdaq under Marketplace Rules 4300,
4450(f) and IM-4300.
The Company does not intend to appeal this determination, and, as a
result, trading of the Company's common stock will be suspended at the opening
of business on April 22, 2008, and a Form 25-NSE will be filed with the
Securities Exchange Commission to remove the Company's securities from listing
and registration on Nasdaq.
About Frontier Airlines Holdings, Inc.
Frontier Airlines Holdings, Inc. is the parent company of Denver-based
Frontier Airlines. Currently in its 14th year of operations, Frontier Airlines
is the second-largest jet service carrier at Denver International Airport,
employing approximately 6,000 aviation professionals. Frontier Airline's
mainline operation has 62 aircraft with one of the youngest Airbus fleets in
North America. Frontier Airline's mainline operations offers 24 channels of
DIRECTV(R) service in every seatback along with a comfortable all coach
configuration. In conjunction with its regional jet fleet, operated by
Republic Airlines, and a fleet of ten Bombardier Q-400 aircraft operated by
Lynx Aviation (a subsidiary of Frontier Airlines Holdings, Inc.), Frontier
offers routes linking its Denver hub to 66 destinations, including 59 U.S.
cities in 36 states spanning the nation from coast to coast; five cities in
Mexico; one in Canada and one in Costa Rica. In November 2006, Frontier and
AirTran announced a first-of-its-kind integrated marketing partnership that
offers travelers the ability to reach more than 80 destinations across four
countries with low fares, aboard two of the youngest fleets in the industry.
For more in-depth information on Frontier Airlines, please visit its Web site
at FrontierAirlines.com.
SOURCE Frontier Airlines Holdings, Inc.
