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