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News Air 3rd-Quarter 2010 Domestic Air Fares Rose 10.7%
News Air 3rd-Quarter 2010 Domestic Air Fares Rose 10.7%
| 3rd-Quarter 2010 Domestic Air Fares Rose 10.7% |
| Friday, 04 February 2011 | |
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The U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) recently released a report stating that the average cost per seat for a domestic flight within the U.S. has gone up from $307 to $340, an increase of 10.7%. The highest average fare was $469 at the Newark-Liberty airport in New Jersey and the lowest was $153 in Atlantic City, New Jersey. In addition, third-quarter fares decreased by 0.3% from those of second-quarter fares, which is the first decrease after four quarters of increase.
The fares in the BTS report are based on those purchased for round-trip and one-way tickets and include all the fees associated with the ticket, including those charged by third-party at the time the ticket was purchased. The fares also do not include those purchased with frequent-flyer miles. The $340 fare is 5.4% lower than the all-time high of $359, although these numbers have not been adjusted for inflation. |
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