Average air fares rise 6.5 percent since 2005

Friday, 27 Nov, 2013 0

Rising fuel costs, mergers and fewer seats have led to a rise in airfares over the past eight years.

Research by USA Today reveals fares have 6.5% on average, after inflation, since the start of 2005, while secondary airports in metro areas have tended to see greater fare hikes.

Ticket prices are higher in cities that have seen sharp drops in domestic air service, while some airports that have seen an increase in flights have experienced a price drop.

USA Today says the findings "underscore the law of supply and demand".

It reveals Cincinnati, which has lost 80% of its domestic airline seats since the start of 2005, saw the average ticket price increase 26%.

Salt Lake City, where fares rose 18% between the first quarters of 2005 and 2013, is down 21% in seats.

Charlotte Douglas, San Francisco and Denver International airports, where domestic seats for sale increased, saw domestic fares decline on average by 18%.

Overall, between the first quarter of 2005 and the first quarter of 2013, prices have risen 6.5% on average, after inflation, at the top 100 airports in the 48 contiguous states.

But fares varied widely from airport to airport, and several experienced increases that were far greater.

The analysis also found that secondary airports in metro areas with multiple airports tended to see greater fare hikes than their primary counterparts, as airlines consolidated service at primary portals.

Domestic airfares at Manchester Boston-Regional and Theodore Francis Green State in Providence increased 10% and 7% respectively, compared with a 2% increase at Boston Logan.

Fares decreased at San Francisco International while increasing 9% at San Jose and 6% at Oakland’s Metropolitan International Airport.



 

profileimage

Lisa

Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...