Summary of Base Salary Compensation Arrangements with Named Executive Officers of Frontier Airlines, Inc. (2005)
Frontier Airlines, Inc. has set the 2005 base salaries for its named executive officers, including Jeff S. Potter, Paul H. Tate, Sean Menke, Ann E. Block, and James Sullivan, Jr. The salaries range from $164,000 to $295,000. These executives do not have employment or compensation contracts and are considered at-will employees. The listed salaries will remain in effect until changed by the Board of Directors, based on recommendations from the Compensation Committee.
QuickLinks -- Click here to rapidly navigate through this document
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 | Base Salary | ||
|---|---|---|---|
| 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.
QuickLinks
- Summary of Base Salary Compensation Arrangements with Named Executive Officers
