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) (%)|
Source: Bureau of Transportation Statistics
Note: Percent change based on unrounded numbers