Over the past decade, the American ultra-low cost carrier, Frontier Airlines, more than doubled its operating revenue, from 1.1 billion U.S. dollars in 2009 to 2.5 billion in 2019. In 2020, due to the coronavirus pandemic, the American airline generated only 1.25 billion dollars, to later recover to almost 2.1 billion in 2021. As of 2024, the company recorded 3.8 billion dollars in operating revenue.Â
The appearance of the ULCC business model is gaining attention in the United States. The ULCCs undercharge the fares of traditional network carriers as well as low-cost carriers by offering unbundled services and serving small cities to key leisure destinations. Spirit and Allegiant are examples of the most profitable ULCCs in the U.S. due to their revenue generated by ancillary sources like baggage fees, reservation change fees, and ticket revenue sources.
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Various sources (Frontier Airlines ). (February 7, 2025). Operating revenue of Frontier Airlines from 2004 to 2024 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 16, 2026, from /statistics/765504/operating-revenues-frontier-airlines/
Various sources (Frontier Airlines ). "Operating revenue of Frontier Airlines from 2004 to 2024 (in million U.S. dollars)." Chart. February 7, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 16, 2026. /statistics/765504/operating-revenues-frontier-airlines/
Various sources (Frontier Airlines ). (2025). Operating revenue of Frontier Airlines from 2004 to 2024 (in million U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 16, 2026. /statistics/765504/operating-revenues-frontier-airlines/
Various sources (Frontier Airlines ). "Operating Revenue of Frontier Airlines from 2004 to 2024 (in Million U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 7 Feb 2025, /statistics/765504/operating-revenues-frontier-airlines/
Various sources (Frontier Airlines ), Operating revenue of Frontier Airlines from 2004 to 2024 (in million U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/765504/operating-revenues-frontier-airlines/ (last visited July 16, 2026)
Operating revenue of Frontier Airlines from 2004 to 2024 (in million U.S. dollars) [Graph], Various sources (Frontier Airlines ), February 7, 2025. [Online]. Available: /statistics/765504/operating-revenues-frontier-airlines/