Frontier airfare jumps 71% in third quarter (cnbc.com)

Frontier Airlines reported a 71% increase in average airfare to $67.82 per passenger for the third quarter, with total revenue per passenger rising 30% to $138.22. The budget carrier widened its quarterly loss to $104 million as fuel costs soared 82% to $425 million, despite an 18% rise in passengers to over 9.8 million. Shares jumped more than 9% after the company forecast potential adjusted earnings of up to 5 cents per share for the fourth quarter.