ACAI Atlantic Coast Airlines Holdings (MM)

Independence Air Introduces New Low-Fare Service to Charlotte 8 Daily Flights to Washington, DC and 27 Connecting Cities Begin October 1st DULLES, Va., Aug. 2 /PRNewswire-FirstCall/ -- Independence Air announced today it has chosen Charlotte Douglas International Airport (CLT) as one of its newest destinations with low-fare service scheduled to begin October 1st. Eight daily non-stop flights will be offered to Washington Dulles International Airport, with connections at America's largest low-fare hub to 27 additional destinations. (Logo: http://www.newscom.com/cgi-bin/prnh/20031119/DCW018LOGO-a) All Charlotte flights 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. As a way to introduce Independence Air service to Charlotte, special introductory fares are available for booking today through August 15 for travel from October 1st through December 19th -- one-way fares to Washington are just $29, while connecting service to 27 other cities is $69 one-way. These introductory fares are only available at FLYi.com. Introductory fares are non-refundable, limited, may not be available on all flights and do not include segment fees of up to $6.20, September 11th security fees of up to $5.00 and PFCs of up to $9.00. Even the regular internet fares to Washington are low -- ranging from just $59 to no more than $117. Fares booked through 1-800-FLY-FLYi are $5 higher each way and start at $64 and are no higher than $122. All fares are one-way and non-refundable but reservations may be changed for a $25 fee, plus any applicable difference in fare. Fares are subject to change without notice and do not include segment fees of up to $3.10, September 11th security fees of up to $2.50 and PFCs of up to $4.50. 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. For full details and restrictions of the $25 off iCLUB promotion please see FLYi.com Independence Air Chairman and CEO Kerry Skeen said, "Since we started flying in June, Independence Air has been winning new customers every day by making air travel fast, easy and less expensive. Now, we're very excited about bringing the same kind of experience to Charlotte." He added, "For years, customers have been telling 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, we're not afraid to show you our lowest and our highest fares -- so you can be sure you'll always get a low fare, even when you have to book at the last minute." The Independence Air hub at Washington Dulles is becoming the largest low- fare hub in America -- with over 300 daily departures by the time the Charlotte service begins. In addition to non-stop service from Charlotte to Washington starting October 1st, Independence Air will also offer a schedule of easy one-stop connections to 27 destinations, including Albany (NY), Boston, Buffalo, Burlington (VT), Charleston (WV), Chicago, Cleveland, Columbus (OH), Dayton, Detroit, Hartford, Huntsville (AL), Indianapolis, Lansing, Louisville, Manchester (NH), Nashville, Newark, New York (JFK), Norfolk, Pittsburgh, Portland (ME), Providence, Rochester (NY), Stewart/Newburgh (NY), Syracuse and White Plains (NY). Flights from Charlotte to 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 brand new 132-passenger Airbus A319s at Washington Dulles this fall. The Airbus aircraft -- scheduled to launch in November -- will grow to at least 28 A319s and allow Independence Air to offer low-fare service 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 by next spring. With the addition of the A319s, Independence Air will operate a fleet of at least 115 jet aircraft by the first quarter of 2006. Parent company Atlantic Coast Airlines Holdings, Inc. (NASDAQ:ACAI) is based in Dulles, VA and employs over 4,200 aviation professionals. On Wednesday, the company will 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. INDEPENDENCE AIR FLIGHT SCHEDULE Effective October 1, 2004 Charlotte, NC to/from Washington Dulles International Airport Charlotte to Dulles Dulles to Charlotte Departs Arrives Departs Arrives *6:20a 7:36a 6:20a 7:45a 8:15a 9:40a 8:15a 9:43a 10:15a 11:40a 10:00a 11:20a 11:50a 1:15p 11:40a 1:00p 1:30p 3:00p 2:00p 3:25p 3:55p 5:20p 4:30p 6:00p 6:30p 7:55p 6:45p 8:51p 8:45p 10:01p 8:50p 10:18p * Does not operate October 1, 2004 Independence Air, the "i" logo mark, FLYi.com and Go Your Own Way are service marks of Atlantic Coast Airlines. http://www.newscom.com/cgi-bin/prnh/20031119/DCW018LOGO-a http://photoarchive.ap.org/ DATASOURCE: Independence Air CONTACT: Rick DeLisi, Director, Corporate Communications, of Independence Air and Atlantic Coast Airlines, +1-703-650-6019 Web site: http://flyi.com/ http://www.atlanticcoast.com/

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