FRNT Frontier Airlines Hldgs (MM)

Long Time Board Member Brings Tremendous Banking and Finance Experience to New Role DENVER, Sept. 6 /PRNewswire-FirstCall/ -- Frontier Airlines (NASDAQ:FRNT) today announced that D. Dale Browning has been appointed Chairman of the Board of Frontier Airlines Holdings, Inc. The announcement followed a special election held by the Board after Frontier's annual shareholder's meeting today. Browning has served on the Frontier Airlines Holdings, Inc. Board since 1996 in various capacities including Chairman of the Compensation Committee and as Chairman of the Audit Committee for the past four years. Browning will take over his new role from long-time board chair Sam Addoms who announced his retirement earlier this year. Browning's experience in banking and finance is extensive. Browning joined Colorado National bank in 1966 and became President and CEO from 1985 until 1992 when it was acquired by US Bank. At the time of the acquisition, Colorado National Bank was the second largest bank holding company in the state of Colorado. Concurrent with his tenure at Colorado National, Browning also served as President of Rocky Mountain Bank Card Systems and as founder and President of Plus System. A subsidiary of Colorado National Bank, Rocky Mountain Bank Card Systems was founded in 1969 and processed credit card transactions for over 600 banks in the Western US. Browning founded Plus System, an international shared ATM network, in 1982 and was integrated into Visa International in 1993. Browning then spent the following two years with Visa International as a senior consultant working on the development of debit card products for Asia and Europe. Following his tenure with Visa International, Browning became the CEO of corporate credit card transaction processing company, Procard. Procard, an early pioneer in the move to online transaction processing and tracking, offered corporations the ability to track and view online purchases made by employees with corporate credit cards. As president and CEO of Procard, Browning partnered the Company with Synovis in 2000, and remained president and CEO of Procard for the next two years. "It would be very difficult to find a more strategic and financially intuitive leader for this board, and for Frontier, than Dale Browning," said Addoms. "Dale knows this Company well and has been with Frontier from the very early stages of its growth, guiding it with aptitude and insight that has been invaluable. While I will certainly miss my involvement with the tremendous group of leaders on the Board, I am completely confident that I am leaving them and Frontier in the very best hands possible as the Company moves forward with its next phase of strategic growth." "There is no contention that Sam Addoms is a hard act to follow," added Browning. "However, the greatest compliment I can pay him is that he has left me with a board that is talented, diverse, engaged and strategic. Most importantly, the board and I are truly optimistic about the future of this company, particularly in light of the numerous strategic initiatives we are currently undertaking. I am honored to serve as the Chairman of the Board, and I am confident that with the road map the talented management of this Company has laid out before us, together we can lead this Company to profitability and ultimately to sustained success." 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 5,600 aviation professionals. With 60 aircraft and one of the youngest Airbus fleets in North America, Frontier offers 24 channels of DIRECTV(R) service in every seatback along with 33 inches of legroom in an all coach configuration. In conjunction with its regional jet fleet, operated by Horizon and Republic Airlines, Frontier offers routes linking its Denver hub to 58 destinations including 49 U.S. cities in 30 states spanning the nation from coast to coast, seven cities in Mexico and two cities in Canada. 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. In December 2006, Frontier was designated "Best Low Cost Carrier" in the U.S. by the readers of Business Traveler magazine. Frontier's maintenance department has received the Federal Aviation Administration (FAA) Diamond Award recognizing its advanced training standards for eight consecutive years, from 1999 to 2006. For more in-depth information on Frontier Airlines, please visit its Web site at http://www.frontierairlines.com/. DATASOURCE: Frontier Airlines CONTACT: Joe Hodas of Frontier Airlines, +1-720-374-4504, fax, +1-720-374-4375, Web site: http://www.frontierairlines.com/

Copyright