29-Oct-2009 2:09 PM

US domestic air fares down 13% in 2Q2009 to lowest level since 1998

US Bureau of Transport Statistics (BTS) released (28-Oct-2009) its Air Travel Price Index, which showed the average domestic air fares fell 13.0% year-on-year for the three months ended 30-Jun-2009, the lowest second quarter level since 1998 and the largest year-on-year decline. Details include: