Frontier’s Per-Passenger Fare Revenue Climbs 71% in Third Quarter

Frontier Airlines’ average fare revenue per passenger climbed 71% in the third quarter, while the carrier’s loss widened to $104 million as its fuel bill rose to $425 million.

The average fare revenue per passenger was $67.82, up from $39.74 a year earlier. Including charges such as fees for checked and carry-on bags, total revenue per passenger increased 30% to $138.22.

Frontier carried more than 9.8 million passengers, an 18% year-over-year increase and 1.5 million more than in the year-ago quarter. The airline said demand remained strong at the higher prices.

The quarterly loss grew from $77 million a year earlier. Fuel costs rose 82% to $425 million.

For the fourth quarter, Frontier forecast adjusted results ranging from a loss of 15 cents per share to earnings of up to 5 cents per share. Its shares rose more than 9% in afternoon trading Wednesday after the outlook included the possibility of adjusted earnings.

American Airlines widened its 2026 loss forecast as fuel costs climbed.