BTS 34-13 BTS Releases 1st-Quarter 2013 Air Fare Data; The average domestic air fare rose to $379 in the first quarter of 2013, up 0.1 percent from the average fare of $378 in the first quarter of 2012, measured in 2013 dollars, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today. Huntsville, Ala., had the highest average fare, $543, while Atlantic City, N.J., had the lowest, $169. The first-quarter 2013 fare in 2013 dollars was down 19.1 percent from the average fare of $468 in 1999, the highest of any first quarter adjusted for inflation. BTS, a part of the Research and Innovative Technology Administration, reports average fares based on domestic itinerary fares. Itinerary fares consist of round-trip fares unless the customer does not purchase a return trip. In that case, the one-way fare is included. 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 include only the price paid at the time of the ticket purchase and do not include other fees, such as baggage fees, paid at the airport or onboard the aircraft. Averages do not include frequent-flyer or “zero fares” or abnormally high reported fares. Passenger airlines collected 70.1 percent of their total revenue from passenger fares during the first three months of 2013, down from 1990 when 87.6 percent of airline revenue was received from fares. From 1999 to 2013, inflation-adjusted fares declined 19.1 percent while there was an overall increase in consumer prices of 41.1 percent. In the 18 years from 1995, inflation-adjusted fares declined 17 percent compared to a 53.7 percent increase in consumer prices. Over the past three years, from the second quarter of 2010 to the first quarter of 2013, inflation-adjusted fares rose 5.6 percent. See BTS Air Fare Release for summary tables and additional data. See BTS Air Fare web page for historic data. ###
You are subscribed to DOT News for Department of Transportation. This information has recently been updated, and is now available. |