Quarterly data, not seasonally adjusted
The U.S. air transportation network connects commerce across the country and helps enable personal travel and the tourism industry. Ticket prices reflect costs such as labor, capital, and fuel prices, as well as market factors.
BTS reports average fares based on domestic itinerary fares, consisting of round-trip fares unless the customer does not purchase a return trip, in which case the one-way fare is used. Fares are based on the total ticket value which consists of the price charged by the airlines plus any additional taxes and fees levied by an outside entity at the time of purchase. Fares do not include other fees paid at the airport or onboard the aircraft. Averages do not include frequent-flyer or “zero fares” or abnormally high reported fares.
|Average Domestic Air Fares||2012 Quarter 3||2013 Quarter 3|
|Average Fare (dollars)||367.13||390.43|
|Percent change from same quarter previous year||+ 1.8%||+ 6.3%|
NOTE: The current value is compared to the value from the same period in the previous year to account for seasonality.
SOURCE: U.S. Department of Transportation, Bureau of Transportation Statistics, Air Fares, available at http://www.bts.gov/ as of April 2014.