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DULLES, Va.July 12, 2005

After Just One Year, Independence Air Ranks 3rd in Travel + Leisure Magazine List of Top Domestic Airlines

2005 Is The First Year None Of The Six Largest U.S. Carriers Rank In The Top-10

Dulles, VA, (July 12, 2005) - Low-fare airline Independence Air (Nasdaq: FLYi) is proud to announce it has been ranked third best domestic airline by the readers of Travel + Leisure, published by American Express Publishing Corporation.

The rankings were the result of a questionnaire developed by the editors of Travel + Leisure, in association with Harris Interactive, made available to subscribers at www.tlworldsbest.com during the first quarter of this year. Airline rankings were based on scores in the following categories:

Cabin comfort

In-flight service

Customer service

Food

Value

The complete survey methodology is available in the August issue of Travel + Leisure, and online at www.travelandleisure.com/worldsbest

Travel + Leisure notes in its survey results that 2005 is the first year that none of the largest six carriers in the U.S.—including the legacy airlines that are Independence Air’s primary competitors—were even ranked in the top-10. The final results are as follows:

1 Midwest Airlines 75.22

2 JetBlue Airways 74.73

3 INDEPENDENCE AIR 68.71

4 Song 68.66

5 Alaska Airlines 63.21

6 Hawaiian Airlines 62.30

7 Frontier Airlines 62.29

8 Southwest Airlines 61.81

9 Aloha Airlines 60.73

10 Horizon Airlines 60.39

Independence Air Chairman and CEO Kerry Skeen said, “To jump all the way to third place on a list this prestigious after just one year of service is an accomplishment we are very proud and excited about. Our people have worked so hard during the past year to create a new airline that feels measurably different from what passengers in the Washington, DC area and our other cities have experienced in the past—and this ranking confirms that all the hard work has really been worth it to our customers.”

He added, “We offer our sincere thanks to the readers of Travel + Leisure for rewarding the extraordinary efforts of the entire FLYi service team. This is very meaningful to all of us, and we greatly appreciate the recognition.”

Independence Air offers low fares every day to a total of 45 destinations with comfortable leather seats and Tender Loving Service™. For more information about FLYi, Inc. and Independence Air, please visit our website at FLYi.com.

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, the “i” logo mark, FLYi, the FLYi Guy, FLYi.com, Tender Loving Service and Go Your Own Way are service marks of Independence Air, Inc. ©Independence Air, Inc. 2005.