Average airfares still less than in 2000
Average cost for domestic round trip or one way travel for which no return was purchased — was $331 in the fourth quarter according to a new DOT report. That’s 4% higher than last year, but still less than back in 2000.
Finally a realistic look at airline pricing. Airfares are an amazing bargain. What else costs less today than it did back in 2000?
South Florida Business Journal added this to the report:
That’s the highest fourth quarter price in six years, but still 2.7 percent lower than the average price airlines charged in late 2000, before the aviation industry was hammered by a recession and a fall-off in travel following the Sept. 11 attacks.
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