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Exhibit 10.27

Summary of Base Salary Compensation Arrangements with Named Executive Officers

        Based on the results of the information collected by the independent
consultant and in keeping with its philosophy to compensate officers at a rate
below the median for similarly situated executives at peer airlines, the Board
of Directors of Frontier Airlines, Inc. established the following base salaries
of the named executives for 2005.

Named Executive

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  Base Salary

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Jeff S. Potter   $ 295,000 Paul H. Tate   $ 200,000 Sean Menke   $ 200,000 Ann
E. Block   $ 175,000 James Sullivan, Jr.    $ 164,000

        None of the named executive officers are party to employment agreements
or other written agreements with respect to their employment or compensation and
are considered at will employees. The salaries listed below remain in effect
until otherwise modified by the Board of Directors upon recommendation of the
Compensation Committee of the Board.

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Summary of Base Salary Compensation Arrangements with Named Executive Officers