FOR IMMEDIATE RELEASE Contact: Dave Thomas, VP Marketing and Planning

       (307) 432-7000

Great Lakes Airlines To Add Additional Flights Between Telluride, Colorado and Denver, Colorado Beginning June 10, 2004

CHEYENNE, Wyo., June 2, 2004 � Great Lakes Aviation, Ltd. (OTC Bulletin Board: GLUX.OB � news) today announced that beginning June 10, 2004, it will increase scheduled flights between Denver International Airport and Telluride, Colorado to five round trips.

�Great Lakes is proud to announce this service increase for our customers in Telluride,� Dave Thomas, VP of Marketing and Planning of Great Lakes, commented.  �The growth in traffic we�ve seen between Telluride and Denver has been steady, and the comments we�ve received regarding the need for more frequency in the market leads us to believe this improvement in the schedule will result in more people enjoying the convenient service and economical fares we offer.�

All flights in the market are timed to make convenient connections with flights scheduled by Frontier Airlines and United Airlines from Denver.

  • Telluride � Denver Flight Schedule (Effective June 10, 2004)
  • Telluride to Denver:

    Flight 5082  Departs   8:00am Arrives  9:04am Operates Daily

    Flight 5084 Departs 10:26am Arrives 11:30am Operates Daily

    Flight 5147 Departs 11:53am Arrives 12:57pm Operates Sun/Mon/Thurs/Fri

    Flight 5088 Departs  1:15pm Arrives   2:19pm Operates Daily

    Flight 5080 Departs  2:41pm Arrives   3:45pm Operates Daily

    Flight 5086 Departs  4:25pm Arrives   5:29pm Operates Daily

    Flight 5149 Departs  5:05pm Arrives   6:09pm Operates Sunday Only

    Denver � Telluride Flight Schedule (Effective June 10, 2004)

    Denver to Telluride:

    Flight 5081  Departs   9:03am Arrives 10:14am Operates Daily

    Flight 5146 Departs 10:30am Arrives 11:41am Operates Sun/Mon/Thurs/Fri

    Flight 5087 Departs 11:45am  Arrives 12:56pm Operates Daily

    Flight 5083 Departs  1:15pm Arrives   2:26pm Operates Daily

    Flight 5085 Departs  2:55pm Arrives   4:06pm Operates Daily

    Flight 5148 Departs  3:41pm Arrives   4:52pm Operates Sunday Only

    Flight 5089 Departs  5:45pm Arrives   6:56pm Operates Daily

    * = Increased Flight Operations

    Great Lakes is providing scheduled passenger service at 37 airports in 10 states with a fleet of Embraer EMB-120 Brasilia and Raytheon/Beech 1900D Regional Airliners.  A total of 174 weekday flights are scheduled at three hubs, with 164 flights at Denver, 4 flights at Minneapolis/St. Paul, and 6 flights at Phoenix. All scheduled flights are operated under the Great Lakes Airlines marketing identity in conjunction with code-share agreements with Frontier Airlines and United Airlines at their Denver hub.

    Additional information is available on the company web site that may be accessed at www.greatlakesav.com

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