<ARTICLE> 5 <CIK> 0000921929 <NAME> Frontier Airlines, Inc. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-2001 <PERIOD-START> APR-01-2000 <PERIOD-END> JUN-30-2000 <CASH> 99,079,066 <SECURITIES> 0 <RECEIVABLES> 28,569,416 <ALLOWANCES> 388,014 <INVENTORY> 2,682,228 <CURRENT-ASSETS> 166,617,598 <PP&E> 31,146,567 <DEPRECIATION> 6,883,094 <TOTAL-ASSETS> 220,710,211 <CURRENT-LIABILITIES> 113,525,431 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17,794 <OTHER-SE> 98,249,171 <TOTAL-LIABILITY-AND-EQUITY> 220,710,211 <SALES> 112,808,744 <TOTAL-REVENUES> 112,808,744 <CGS> 0 <TOTAL-COSTS> 87,435,488 <OTHER-EXPENSES> (1,608,534) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17,459 <INCOME-PRETAX> 26,964,331 <INCOME-TAX> 10,516,089 <INCOME-CONTINUING> 16,448,242 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,448,242 <EPS-BASIC> 0.93 <EPS-DILUTED> 0.85