ALL >> Travel >> View Article
Domestic Airfare Prices Falling
Total Articles: 468
In what is certain to delight people who highly value cheap airplane tickets and cheap vacation packages the government announced last week that the average U.S. round trip airfare declined almost 4 percent to $378 in the second quarter of 2013 compared to the prior year.
The highest average ticket price from among the busiest 100 U.S. airports was $547 in Huntsville, Alabama, followed by $518 in Cincinnati. The cheapest was $159 in Atlantic City, according to the U.S. Department of Transportation.
The price comparison included base ticket prices as well as all taxes and fees charged by government agencies and airports. Not included were optional fees such as baggage fees.
Pessimists will probably greet this news with little enthusiasm claiming that after so many price increases in recent years, that a price drop in a single quarter of one year means little. However, the opposite is in fact the case.
Airfare prices have fallen appreciably since 1999 when inflation is taken into account. The average ticket price in the second quarter of this year was over 18 percent less than in 1999 when the record price for airfare was recorded in inflation adjusted dollars. Total consumer prices have increased almost 41 percent since that time.
The continuing challenge to making air travel affordable is optional fees. Such fees continue to be an increasing source of revenue for airlines and a growing cost for passengers. U.S. airlines earned almost 88 percent of their revenue from base ticket prices in 1990. This year such base ticket prices accounted for less than 71 percent of their revenue.
Travel Articles1. Top Things To Know About A Luxury Bahamas Yacht Wedding
Author: Alvin Strachan
2. Embrace The Romance With Lax Limo Car Service
Author: Dylan MITCHELL
3. Thailand Travel Tours Guide The Most Wonderful Places To Visit In Thailand
Author: Thailand Tour Packages
4. Enjoy Dubai Shopping Tours
Author: Dubai Shopping Tours
5. Including All Loved Ones With A Bachelor Party In Dc Via Dc Charter Bus
Author: David WILSON
6. 5 Destinations For Day Trips From Ho Chi Minh City
Author: Le Xuan Son
7. 4 Relaxing Activities That You Must Do On Your Grand Cayman Tour
Author: Michael Leacock
8. Best Fujairah Tours Services
9. Budget Annapurna Base Camp Trek - Best For Budget Travelers
Author: Info Nepal Trekking
10. Witness Enchanting Surroundings With Cheap Holidays To Hurghada
Author: Amanda Sutcliffe
11. Acquire Legal Child Adoption Service In Nepal
12. How To Choose Your Vintage Wedding Car Hire In Dublin Smartly!
Author: Padraic O Reilly
13. How Do You Prepare For Cape Town Cycle Tour?
Author: Daily Scandinavian
14. 6 Tips For Discovering The Charisma Of Popular Nz Tour Attractions
Author: Damien McConnell
15. Enjoy The Classic Mera Peak Climbing With Your Friends And Family