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Air Fares Soar 10% in Q4 as 2011 Prices Highest on Record
The slow economic recovery the U.S. is enduring isn’t all good for embattled consumers as the average price of U.S. domestic air fares increased to $368 in the fourth quarter of 2011, up 10% from $335 in the fourth quarter of 2010, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today. The latest price hike was far above $320 average fare during the same period in 2009 as the Great Recession took hold. Continue reading
Posted in aviation, news, news analysis, prices, transportation
Tagged air fares, airlines, auto informed, autoinformed.com, automotive news, domestic air fares, Ken Zino
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