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Frontier Airlines Q3: fares up 71%, passengers up 18%, loss widens to $104 million

Frontier Airlines reported that average fare revenue per passenger rose 71% in the third quarter and passengers rose 18% to over 9.8 million. Fuel costs rose 82% and the quarterly loss widened to $104 million.

2 outlets · 0L · 1C · 1R First reported Account updated
Image: Just the News

The story, neutrally told

Mixed · 2Frontier Airlines reported that its average fare revenue per passenger rose 71% in the third quarter, to $67.82 from $39.74 a year earlier. Mixed · 2Total revenue per passenger, which includes fees for bags and other extras, rose 30% from a year ago to $138.22. Mixed · 2The airline carried more than 9.8 million passengers, up 18%, or about 1.5 million more than a year earlier, despite the higher fares.

Mixed · 2Fuel costs rose 82% to $425 million, and the quarterly loss widened to $104 million from $77 million a year earlier. Mixed · 2Both outlets cite CNBC and say Frontier shares rose more than 9% in afternoon trading on Wednesday. Centre · 1Hindustan Times, citing CNBC, adds that Frontier's fourth-quarter forecast ranges from an adjusted loss of 15 cents per share to a profit of 5 cents per share.

Centre · 1It also says Frontier became the largest US budget airline after overtaking Spirit Airlines, which shut down in May, and that Delta and Frontier both said customers are still booking despite higher prices.

Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.

Left0 outlets

No left outlet in our sources has covered this story yet.

Centre1 outlet

Framing
Leads with the cost side: fuel up 82% and a widening loss, with fares raised to cover it.
Emphasis
Fuel costs, the loss, the fourth-quarter forecast and Spirit's closure.
Leaves out or plays down
None significant.
Charged language
“surge”
For example
“Frontier Airlines raises fares 71% as jet fuel costs surge 82% and quarterly loss widens to $104 million” — Hindustan Times

Right1 outlet

Framing
Leads with demand: passenger count still rose despite the 71% fare increase.
Emphasis
Passenger growth and fuel costs being passed on to customers.
Leaves out or plays down
Leaves out the fourth-quarter forecast and Spirit context.
Charged language
“passed down to the company's customers”
For example
“Frontier Airlines reports 71% increase in airfare, but passenger count still increased” — Just the News

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