 |
The Bureau of Transportation Statistics (BTS) released their airfare data for the third-quarter of 2007. BTS notes that the 3rd quarter 2007 has the highest average airfares since the third-quarter of 2006, .8% higher than the latest averages. Remember this is the quarter that didn’t include the huge run up in fuel costs — Q4 2007 (not reported yet) which had about 10 airfare increases. The average third-quarter airfare for domestic travel was $328 (business and leisure travel) — .7% higher than the $326 average of the second quarter. These airline ticket prices will jump dramatically when Q4 information is published — we have been tracking new four year highs at the end of 2007 and now in early 2008. Keep reading to see which airports enjoyed the biggest average airfare decreases in the third-quarter, and which airports had to deal with the biggest airfare average increases… |
Biggest Average Airfare Increases
- Cincinnati (CVG)- 12.6%
- Salt Lake City (SLC) - 7.9%
- Dallas (DAL - Love Field) - 7.4%
- New York (JFK) - 6.5%
Biggest Average Airfare Decreases
- Charleston, SC (CHS) - down 22.7%
- Columbus, OH (CMH) - down 14.1% - Home of Skybus
- Kona, HI (KOA) - down 12.6% - Hawaiian Airfare War
- Memphis (MEM) - down 8.7%
- Greensboro/Highpoint, NC (GSO) - down 8.4%
BTS data is based on average airfare from the 100 largest airports (only a small sample - 10% - of airline tickets provide by the airlines)
No Comments »
No comments yet.
RSS feed for comments on this post. | TrackBack URI
Leave a comment