India, Oct. 28 -- One of the biggest low-cost airlines in the US, Frontier Airlines, reported a 71% increase in average fare revenue per passenger in the third quarter compared with the same period last year.

The airline increased ticket prices to cover the sharp rise in jet fuel costs. However, the increase in ticket sales was not enough to prevent Frontier from reporting a bigger loss for the quarter, according to CNBC.

Frontier earned an average of $67.82 from ticket sales for each passenger in the third quarter. This was higher than the $39.74 it earned per passenger in the same period last year. And so the company gained more money from fare sales per passenger than it did a year ago. These figures do not include extra fees paid by...