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BY Taylor Hatmaker
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Airfares for the cheapest U.S. airline jumped in price this year, but that hasn’t stopped fliers from booking.
In its third-quarter earnings report published on Wednesday, Frontier Airlines revealed that its ticket prices have surged. The airline’s fare revenue per passenger jumped from $39.74 to $67.82 in Q3—a 71% increase. That metric looks at ticket prices alone and doesn’t factor in the add-on costs passengers might pay for things like upgrades and checked luggage.
Frontier’s total revenue per passenger rose 30% during the same time frame, from $106.44 to $138.22, while its non-fare revenue per passenger stayed relatively flat, growing only 7% during that period.…