independence air For Immediate Release May 19, 2004 Contact: Rick DeLisi Director, Corporate Communications (703) 650-6019 Page 1 of 4 Independence Air Is Officially "Open For Business" at FLYi.com Airline to Launch Service From Washington Dulles to 35 Destinations This Summer Low Fares, 300 Daily Flights Will Turn Dulles Into America's Largest Low-Fare Hub Dulles, VA, (May 19, 2004) - Independence Air announced today the 35 destinations that will be served by its new low- fare flights this summer from Washington Dulles International Airport. The inaugural Independence Air flights will take off on June 16th, with new service to East Coast and Midwest destinations launching throughout June, July and August. By summer's end, the airline will offer 300 daily departures from Washington Dulles, making it the largest low-fare hub in America. As of 6:00am this morning, all flights to all destinations are now available for sale on the Independence Air website at FLYi.com. All fares are sold one-way and a Saturday night stay is NOT required for any fare. Seat assignments can be reserved at the time of booking and flights are not overbooked. Fares from Washington Dulles are low-as low as $39, $49, $59, $69 or $79 one-way, depending on the destination (the lowest and highest fares to each destination are in the chart on page two, the simple Independence Air fare rules are shown below.) Web users who visit FLYi.com and sign up for a free membership to the iCLUB frequent flyer program will receive an additional $25 off their first round-trip. Chairman and CEO Kerry Skeen said, "People have told us they are tired of getting ripped off by airlines that charge too much and have complicated rules and restrictions. We agree that it's time for a change. At Independence Air, the fares we show you are not just some introductory or sale fares that are gone by the time you try to make a reservation. And we're not afraid to show you our lowest and our highest fares-so you can be sure you'll never be gouged, even when you have to book at the last minute." Here is the listing of start dates, departure schedules and range of fares to each of Independence Air's 35 summer launch destinations: (-more-) Independence Air: New Low-Fare Service From Washington to 35 Destinations Page 2 of 4 Date Destination Daily One-Way Fare Roundtrips (lowest- highest) June 16 Chicago O'Hare (ORD) 6 on 6/16 $79-$163 12 by 7/1 Newark (EWR) 8 on 6/16 $49-$109 16 by 7/1 Boston (BOS) 8 on 6/16 $59-$124 16 by 7/23 Raleigh/Durham (RDU) 9 on 6/16 $49-$97 14 by 7/17 Atlanta (ATL) 8 on 6/16 $79-$146 16 by 8/1 June 23 White Plains, NY (HPN) 5 $49-$109 Portland, ME (PWM) 6 $69-$136 Norfolk (ORF) 6 on 6/23 $39-$92 8 by 7/1 Columbia, SC (CAE) 7 $59-$122 July 1 Syracuse (SYR) 8 $59-$103 Nashville (BNA) 6 on 7/1 $79-$146 7 by 7/23 Jacksonville (JAX) 6 on 7/1 $79-$178 7 by 8/23 (-more-) Independence Air: New Low-Fare Service From Washington to 35 Destinations Page 3 of 4 Date Destination Daily Low One-Way Roundtrips Fare (lowest- highest) July 17 Lansing (LAN) 7 $69-$125 Burlington (BTV) 5 $69-$125 Charleston, SC 6 on 7/17 $69-$125 (CHS) 7 by 7/23 Buffalo (BUF) 8 $59-$103 Rochester (ROC) 8 $59-$103 Greenville/Sparta 6 on 7/17 $59-$122 nburg (GSP) 8 by 7/23 July 23 Knoxville (TYS) 6 $69-$125 Charleston, WV (CRW) 6 $39-$96 Manchester, NH (MHT) 9 $59-$124 Albany, NY (ALB) 7 $59-$103 August 1 Savannah (SAV) 6 $69-$146 Greensboro (GSO) 9 $49-$96 Cleveland (CLE) 9 $59-$108 New York (JFK) 13 on 8/1 $49-$109 17 by 8/4 August 15 Columbus, OH (CMH) 8 $59-$108 Dayton (DAY) 8 $59-$119 Indianapolis (IND) 7 $69-$136 Hartford (BDL) 8 $59-$108 (-more-) Independence Air: New Low-Fare Service From Washington to 35 Destinations Page 4 of 4 Date Destination Daily Low One-Way Roundtrips Fare (lowest- highest) August 23 Pittsburgh (PIT) 8 $39-$92 Providence (PVD) 8 $59-$124 Detroit (DTW) 8 $59-$129 Louisville (SDF) 6 $69-$125 September 1 Stewart/Newburgh, 6 $49-$109 NY (SWF) All flights this summer from Washington will be aboard newly- upgraded 50-seat iJETs with all-leather slimline seats that provide more legroom than ever before. These aircraft offer several distinct advantages for travelers: --Fast boarding and deplaning-even the last row clears in just a few minutes --Planeside carry-on baggage check-in-leave your carry- ons at the doorway of the aircraft and they'll be there waiting for you when you arrive --No middle seats-everyone gets either an aisle or window seat Independence Air will also begin adding 27 brand new 132- passenger Airbus A319s at Washington Dulles this fall. The Airbus aircraft-scheduled to launch in November-will allow Independence Air to offer low-fare service non-stop from Washington to major destinations in Florida, the Midwest and across the country to the West Coast. Independence Air plans to add live satellite TV in every seatback of its Airbus aircraft early next year. With the addition of the A319s, the Independence Air fleet will operate a fleet of over 110 jet aircraft. Parent company Atlantic Coast Airlines Holdings, Inc. (Nasdaq: ACAI) is based in Dulles, VA and employs over 4,100 aviation professionals. Later this year, the company plans to change its name to FLYi, Inc., and its ticker symbol to FLYI. Independence Air is the low-fare airline that makes travel fast and easy for its customers with a customer-first attitude, innovative thinking and a willingness to challenge the status quo. ### PLEASE NOTE: All fares are one-way, non-refundable and non- transferable but reservations may be changed for a $25 fee plus any applicable difference in fare. The lower fares are limited and may not be available on all flights. Lowest fares are available by booking directly on the internet at FLYi.com. Bookings made through 800-FLY-FLYi are $5 higher each way than internet fares. Fares do not include segment fees of $3.10, security fees of $2.50 and PFCs of up to $4.50. Fares are subject to change without notice. See FLYi.com for full details and restrictions of the $25 off promotion. Independence Air, the "i" logo mark, FLYi.com and Go Your Own Way are service marks of Atlantic Coast Airlines. cACA, 2004