GREAT LAKES AIRLINES AND GREYHOUND LINES, INC. TO PROVIDE NEW INTERMODAL SECURITY-SCREENED TRANSPORTATION PRODUCT

CHEYENNE, Wyo. (Oct. 20, 2003) � Great Lakes Airlines and Dallas-based Greyhound Lines, Inc. today announced the introduction of FlightLink® transportation service between Denver International Airport and Cheyenne Airport in Cheyenne, Wyo., Fort Collins/Loveland Airport in Fort Collins, Colo., and Laramie Regional Airport in Laramie, Wyo.  FlightLink, a ground service operated by Greyhound, will transport customers between airport terminal ramps and Great Lakes gates located at the Denver International Airport �A� concourse. It is scheduled to begin Nov. 12, 2003 in Cheyenne and Nov. 17 in Fort Collins/Loveland and Laramie.

The service uses customized buses with amenities such as tray tables, window shades, reading lights and on select seats, power plugs for laptops and cell phones. Reservations can be made at www.greatlakesav.com or by calling 800-554-5111.

Customer benefits include increased availability of discount fares, increased service frequencies at Cheyenne and Laramie, shorter ticket counter and security checkpoint lines than at major hub airports, and a secure, safe and comfortable travel experience. Once customers and their luggage check in for their trip and clear security screening, they are in the secure network and can transfer to flights at Denver International Airport without re-entering security. The buses pick up and drop off passengers at the same airport gates used by Great Lakes� flights. Great Lakes and Greyhound worked closely with the Transportation Security Administration to ensure the buses and passengers remain in a secure environment throughout the trip.

This new service will complement existing air service in both Laramie and Cheyenne, and will bring new travel choices for customers at the Fort Collins/Loveland airport. Customers will be able to mix air and ground products when booking round-trip services. Increased availability of new discount fares will be found on both air service and FlightLink service from Cheyenne and Laramie, and on FlightLink service from Fort Collins.

�This innovation is the result of collaboration between airline, airport, ground service professionals, and government agencies,� said Douglas G. Voss, chairman, Great Lakes Airlines. �This service increases access to the nation�s air transportation network for people in small communities. By combining the benefits of using existing airport facilities and resources to gain access to the nation�s secured air transportation network with cost-effective seat capacity, we will bring lower cost regionalized transportation to consumers.�

�This unique mixed-mode partnership offering bus-to-air service is an example of how innovative intermodal transportation solutions can meet the needs of communities underserved by public transportation,� said Stephen E. Gorman, president and CEO, Greyhound Lines, Inc. �This service also is an excellent example of how Greyhound can adapt to the transportation needs of a community and work flexibly with other modes of transportation like air and rail.�

Schedule Information

As of Oct. 20, 2003, Great Lakes Aviation, Ltd. (OTC Bulletin Board: GLUX), d/b/a Great Lakes Airlines, is providing scheduled passenger service at 41 airports in eleven states with a fleet of 30 passenger Embraer EMB-120 Brasilias and 19 passenger Raytheon/Beech 1900D regional airliners. A total of 182 weekday flights are scheduled at three hubs, with 172 flights at Denver, six flights at Phoenix and four flights at Minneapolis/St. Paul.  All scheduled airline flights are operated under the Great Lakes Airlines brand.  Code-share agreements with United Airlines and Frontier Airlines at the Denver hub provide for convenient connections and fares at certain selected markets within the Great Lakes route structure. For fare and schedule information call 1-800-554-5111 or visit the Web site at www.greatlakesav.com, or contact your local travel agent.

Greyhound is the largest North American provider of intercity bus transportation, serving more than 3,600 destinations with 19,000 daily departures across the continent. The company also provides Greyhound PackageXpress (GPX) in the United States and Greyhound Courier Service in Canada, as well as Greyhound Travel Services including: vacation packages, charters, sightseeing and shore services. In the U.S., for fare and schedule information and to buy tickets call 1-800-231-2222 or visit the Web site at www.greyhound.com. In Canada, for fare and schedule information call 1-800-661-8747 or visit the Web site at www.greyhound.ca.