29-Jul-2010 1:42 PM
US domestic fares return to 1999 levels in 1Q2010
US Bureau of Transportation Statistics (BTS) reported (28-Jul-2010) the average domestic air fare rose 4.1% year-on-year to USD328 for the three months ended 31-Mar-2010, the second highest March quarter since 2001. Details include:
- Highest average fares:
- Huntsville Airport: USD500;
- Charleston Airport: USD443;
- Knoxville Airport: USD441;
- Memphis Airport: USD433;
- New York Newark: USD423;
- Lowest average fares:
- Atlantic City: USD188;
- Long Beach: USD208;
- Burbank/Glendale/Pasadena: USD241;
- Orlando: USD245;
- Dallas Love: USD248. [more - US BTS] [more - ATA]
Air Transport Association of America: "This is a positive sign for recovery, not just in the airline sector but across the broader economy as well, today's news about increasing fare levels should be kept in perspective; not only are the airlines nowhere near recovering from devastating losses, airfares have not come close to keeping pace with inflation," James May, President and CEO. Source: Air Transport Association of America, 28-Jul-2010.