<ARTICLE> 5 <CIK> 0000921929 <NAME> Frontier Airlines, Inc. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> APR-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 50,848,999 <SECURITIES> 0 <RECEIVABLES> 12,400,744 <ALLOWANCES> 252,662 <INVENTORY> 2,148,344 <CURRENT-ASSETS> 112,550,055 <PP&E> 19,211,354 <DEPRECIATION> 6,645,975 <TOTAL-ASSETS> 150,573,686 <CURRENT-LIABILITIES> 70,606,857 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17,693 <OTHER-SE> 71,897,605 <TOTAL-LIABILITY-AND-EQUITY> 150,573,686 <SALES> 235,737,039 <TOTAL-REVENUES> 237,313,371 <CGS> 0 <TOTAL-COSTS> 208,201,524 <OTHER-EXPENSES> (3,064,576) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 94,615 <INCOME-PRETAX> 32,081,808 <INCOME-TAX> 12,271,504 <INCOME-CONTINUING> 19,810,304 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 19,810,304 <EPS-BASIC> 1.15 <EPS-DILUTED> 1.05