Frontier Airlines 2006 Annual Report Download - page 40

Restrictions on the ownership and transfer of airline routes and takeoff and landing slots have also been proposed. In addition, as a
result of the terrorist attacks in New York and Washington, D.C. in September 2001, the FAA and the Transportation Security
Administration (TSA) have imposed stringent security requirements on airlines. We cannot predict what other new regulations may be
imposed on airlines and we cannot assure you that laws or regulations enacted in the future will not materially adversely affect our
financial condition, results of operations and the price of our common stock.
Risks Related To Our Common Stock
Our stock price is volatile.
Since our common stock began trading on The NASDAQ National Market (now the NASDAQ Global Select Market) on
May 27, 2004, the market price of our common stock has ranged from a low of $8.15 to a high of $20.60 per share. The market price
of our common stock may continue to fluctuate substantially due to a variety of factors, many of which are beyond our control,
including:
• announcements concerning our code-share partners, competitors, the airline industry or the economy in general;
• strategic actions by us, our code-share partners or our competitors, such as acquisitions or restructurings;
• media reports and publications about the safety of our aircraft or the aircraft types we operate;
• new regulatory pronouncements and changes in regulatory guidelines;
• general and industry specific economic conditions;
• changes in financial estimates or recommendations by securities analysts;
• sales of our common stock or other actions by investors with significant shareholdings or our code-share partners; and
• general market conditions.
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Source: REPUBLIC AIRWAYS HOLDINGS INC, 10-K, March 15, 2007 Powered by Morningstar® Document Research℠