Average Domestic Airfare: Relatively unchanged from this time last year

Here’s another example of why you probably shouldn’t complain about high airfares. The Bureau of Transportation Statistics released its 2013 first quarter airfare data on Wednesday, and it shows fares are considerably lower than they were 15 years ago.

I suppose you could be upset that fares have risen slightly since 2007. But it should have been expected that fares would climb slightly once the economy improved.

Below is the data:

Table 1. 1st Quarter Average Fare 1995-2013, Adjusted for Inflation 

Average Fare in 2013 dollars ($) Year-to-Year Percent Change in Average Fare (1Q to 1Q) (%) Cumulative Percent Change in Average Fare (1Q 1995 to 1Q of each year) (%)
1995 444 - -
1996 409 -7.9 -7.9
1997 415 1.5 -6.5
1998 440 6.0 -0.9
1999 450 2.3 1.4
2000 456 1.3 2.7
2001 420 -7.9 -5.4
2002 402 -4.3 -9.5
2003 397 -1.2 -10.6
2004 375 -5.5 -15.5
2005 365 -2.7 -17.8
2006 378 3.6 -14.9
2007 364 -3.7 -18.0
2008 373 2.5 -16.0
2009 335 -10.2 -24.5
2010 357 6.6 -19.6
2011 375 5.0 -15.5
2012 378 0.9 -14.8
2013(1Q) 379 0.1 -14.7

              

Source: Bureau of Transportation Statistics

Note: Percent change based on unrounded numbers 

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