-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HVpANyJlRhdcWfGohy6bR6ZQiHdTRXbhLkSKOTw3Em3VDgNJS1lI+/OvNhaBN2m7 Mi3rKXqSl/ZlOo2itSuIew== 0000921929-04-000008.txt : 20040309 0000921929-04-000008.hdr.sgml : 20040309 20040309100057 ACCESSION NUMBER: 0000921929-04-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040229 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20040309 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRONTIER AIRLINES INC /CO/ CENTRAL INDEX KEY: 0000921929 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 841256945 STATE OF INCORPORATION: CO FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12805 FILM NUMBER: 04656153 BUSINESS ADDRESS: STREET 1: 7001 TOWER ROAD CITY: DENVER STATE: CO ZIP: 80249 BUSINESS PHONE: 7203744200 MAIL ADDRESS: STREET 1: 7001 TOWER ROAD CITY: DENVER STATE: CO ZIP: 80249 8-K 1 f9form8k.htm FORM 8K Frontier Airlines, Inc 8k
                        SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549

                                      FORM 8-K

                                   CURRENT REPORT


                           Pursuant to Section 13 or 15(d)
                       of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): March 8, 2004



                                 Frontier Airlines, Inc.
                (Exact name of registrant as specified in its charter)



        Colorado                      0-24126                    84-1256945
(State of Incorporation)      (Commission File Number)        (I.R.S. Employer
                                                             Identification No.)



    7001 Tower Road, Denver, Colorado                               80249
(Address of principal executive offices)                          (Zip Code)




          (720) 374-4200
  (Registrant's telephone number)








Item 7.  Financial Statements and Exhibits.

99.1     Press Release dated March 8, 2004, entitled "Frontier Airlines Reports
         Preliminary Traffic for February 2004".

Item 9.  Regulation FD Disclosure.

         On March 8, 2004,  Frontier  Airlines,  Inc. issued a press release
         announcing its  preliminary  traffic results for February 2004 and
         providing  guidance on its fourth quarter  earnings  target.  The press
         release dated March 8, 2004 and entitled "Frontier Airlines Reports
         Preliminary Traffic for February 2004" is attached hereto as Exhibit 99.1.









                                   SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                                     FRONTIER AIRLINES, INC.



Date: March 8, 2004                                  By: /s/  Jeff S. Potter  
                                                     Its:  President and CEO


                                                     By: /s/  Paul H. Tate    
                                                     Its:  CFO



EX-99 3 f9febtraf.htm PRESS RELEASE Frontier Airlines, Inc 99.1

NEWS

FOR IMMEDIATE RELEASE


                    Frontier Airlines Reports Preliminary Traffic for February 2004

DENVER (March 8, 2004) - Frontier Airlines (Nasdaq: FRNT) today announced preliminary traffic
results for February 2004.  Revenue passenger miles (RPMs) increased 47.9 percent to
414,387,000 for February 2004 from the same period last year.  Available seat miles (ASMs)
increased 24.8 percent to 614,077,000 for February 2004 from the same period last year.  This
resulted in a load factor for February 2004 of 67.5 percent, an increase of 10.5 points from
February 2003, when the airline reported a load factor of 57 percent. The airline carried
437,836 passengers during February 2004, a 39.8 percent increase from February 2003. The
airline reported passenger yield of 10.73 cents for the month of February 2004, a decrease
of 8.6 percent from the same period last year.  Its passenger Revenue per Available Seat Mile
(RASM) was 7.24 cents, up .55 cents or 8.2 percent from February 2003. "February was another
great passenger traffic month for Frontier as we continued to see significant improvement in
unit revenues as well as a 10.5 point increase in load factor on capacity growth of 24.8 percent,
on a year-over- year basis," said Jeff Potter, president and CEO. "However, even in light of our
significant increase in unit revenue and strong advanced bookings for March, like the rest of the
industry we continue to struggle with historically high fuel prices.  We anticipate that higher
than expected fuel costs, along with costs associated with training and preparation currently
taking place for capacity increases and establishment of new routes in early fiscal year 2005,
will adversely impact our fourth quarter earnings target." The following table represents
comparisons for the month of February, calendar and fiscal year-over-year traffic results.






                                  February 2004     February 2003     Increase/Decrease     Percent

Available Seat Miles               614,077,000       491,945,000          122,132,000         24.8%
Revenue Passenger Miles            414,387,000       280,212,000          134,175,000         47.9%
Load Factor                              67.5%             57.0%          10.5 points          N/A
Revenue Passengers Carried             437,836           313,268              124,568         39.8%
        **Passenger Yield (cents)        10.73             11.74                (1.01)        (8.6%)
**Passenger Revenue Per Avail.
Seat Mile (cents)                         7.24              6.69                  .55          8.2%

                                     *Fiscal            *Fiscal       Increase/Decrease     Percent
                                 Year-to-Date 2004  Year-to-Date 2003
Available Seat Miles              6,464,649,000       5,487,978,000       976,671,000         17.8%
Revenue Passenger Miles           4,604,264,000       3,254,269,000     1,349,995,000         41.4%
Load Factor                               71.2%               59.3%       11.9 Points          N/A
Revenue Passengers Carried            5,027,066           3,544,054         1,483,012         41.8%
        **Passenger Yield (cents)         11.30               11.86              (.56)        (4.7%)
**Passenger Revenue Per Avail.
Seat Mile (cents)                          8.05                7.03              1.02         14.5%
(cents)
                                      Calendar          Calendar      Increase/Decrease     Percent
                                 Year-to-Date 2004  Year-to-Date 2003
Available Seat Miles              1,252,451,000       1,034,062,000       218,389,000         21.1%
Revenue Passenger Miles             843,784,000         565,047,000       278,737,000         49.3%
Load Factor                               67.4%               54.6%       12.8 Points          N/A
Revenue Passengers Carried              899,612             628,962           270,650         43.0%
        **Passenger Yield (cents)         10.84               11.94             (1.10)        (9.2%)
**Passenger Revenue Per Avail.
Seat Mile (cents)                          7.30                6.53               .77         11.8%

*Frontier's fiscal year begins April 1 and ends March 31.
**Passenger yield and passenger revenue per available seat mile is calculated from revenue derived
only from the revenue passengers reported in this press release.

About Frontier

Currently in its tenth year of operations, Denver-based Frontier Airlines is the second largest jet
service carrier at Denver International Airport with a fleet of 39 aircraft and employing approximately
4,000 aviation professionals. Frontier, in conjunction with Frontier JetExpress operated by Horizon Air,
operates routes linking our Denver hub to 37 cities in 22 states spanning the nation from coast-to-coast
and to five cities in Mexico. Frontier's maintenance and engineering department has received the Federal
Aviation Administration's highest award, the Diamond Certificate of Excellence, in recognition of 100
percent of its maintenance and engineering employees completing advanced aircraft maintenance training
programs, for five consecutive years. In August 2003, Frontier ranked as one of the "Top 10 Domestic
Airlines" as determined by readers of Travel & Leisure magazine. Frontier provides capacity information
and other operating statistics on its Web site, which may be viewed at WWW.FRONTIERAIRLINES.COM.



     Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this press release that are not historical facts may be forward-looking
statements as that item is defined in the Private Securities Litigation Reform Act of 1995. Forward-
looking statements involve risks and uncertainties that could result in actual results differing
materially from expected results and represent the Company's expectations and beliefs concerning future
events based on information available to the Company as of the date of this press release. The Company
undertakes no obligation to publicly update or revise any forward-looking statements to reflect events
or circumstances that may arise after the date of this press release. Additional information regarding
risk factors that may affect future performance at the Company are contained in the Company's SEC filings,
including without limitation, the Company's Form 10-K for its fiscal year ended March 31, 2003 and the
Company's Form 10-Q for the quarter ended June 30, 2003.

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