Frontier Receives Notice of Delisting
15 April 2008 - 11:00PM
PR Newswire (US)
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. DATASOURCE: Frontier Airlines Holdings, Inc.
CONTACT: Joe Hodas of Frontier Airlines, +1-720-374-4504, Web site:
http://www.frontierairlines.com/
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