Manifesting the improving economic conditions of airlines, domestic fares have seen a 4.7% rise that reached its highest for a nine-year period. This was announced recently by the Department of Transportation.
Records show that the average first quarter fare is $328 for the period January to March. This is by far the highest since the year 2001 and the highest in the past fifteen years in terms of inflation adjustments.
Second quarter earnings reports for all airlines show a definite recovery within the industry based on monthly performances.
Among the 100 biggest airports in the United States of America, Huntsville, Ala still had the highest fares at $500 while the lowest fares belong to Atlantic City, New Jersey with $188.
On the other hand, the highest fare increase of 16% was seen for Charleston, South Carolina and the biggest drop was for Milwaukee's 17% decline.